Markopoulos, Evangelos;
Ofori, Kwame;
Vanharanta, Hannu;
(2022)
Understanding corporate innovation readiness and frequency factors with the Democratic Survival, Mirrored and Compulsive (DSMC) Framework.
In:
Creativity, Innovation and Entrepreneurship.
(pp. pp. 83-92).
AHFE International
Preview |
Text
Markopoulos_Understanding corporate innovation readiness and frequency factors with the Democratic Survival, Mirrored and Compulsive (DSMC) Framework_VoR.pdf - Published Version Download (1MB) | Preview |
Abstract
This paper introduces the Democratic Survival, Mirrored, and Compulsive (DSMC) Framework, a step-by-step guide to help businesses understand their innovation readiness status. The framework calculates several attributes and plots the results on a graph indicating the factors to consider in the company’s innovations strategy. The primary findings indicate factors that impact the innovation frequency, such as the available R&D facilities, financial position and stability, cumulative organizational knowledge, policy direction, and the organizations’ industry. Therefore, the paper extends the SMC framework to the Democratic SMC (DMSC) that aligns the SMC phases with the Company Democracy Model innovation evolution levels by relating and categorizing the SCM innovation factors to the CDM levels. This helps to understand the organizational innovation DNA and also the culture and philosophy that impacts the company’s human intellectual capital production frequency and the utilization frequency of this capital as well.
| Type: | Proceedings paper |
|---|---|
| Title: | Understanding corporate innovation readiness and frequency factors with the Democratic Survival, Mirrored and Compulsive (DSMC) Framework |
| Event: | 13th International Conference on Applied Human Factors and Ergonomics (AHFE 2022) |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.54941/ahfe1001510 |
| Publisher version: | https://doi.org/10.54941/ahfe1001510 |
| Language: | English |
| Additional information: | © 2022 Published by AHFE Open Access. The authors of papers published in the AHFE Open Access Proceedings will retain full copyrights as specified by the provisions of the Creative Commons: http://creativecommons.org/licenses/by/4.0/. |
| Keywords: | Innovation, Entrepreneurship, Management, Leadership, Organizational culture, Company democracy, Innovation frequency, Intellectual capital |
| UCL classification: | UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > UCL School of Management UCL > Provost and Vice Provost Offices > UCL BEAMS UCL |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10153373 |
Archive Staff Only
 |
View Item |
