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Copenhagen Business School, also known as CBS, is situated in Copenhagen, Denmark. CBS was established in 1917 by Danish Society for the Advancement of Business Education and Research , however, it wasn't until 1920 that accounting became the first full study programme at CBS. Today CBS has more than 20,000 students, 13,000 employees and offers a wide range of undergraduate and graduate programmes within business, typically with an interdisciplinary and international focus. CBS' campus is located in Frederiksberg, close to the center of Copenhagen, and centers on CBS' main campus Solbjerg Plads .Since the Danish Universities Act of 2003, CBS has had a Board of Directors with an external majority. The Board of Directors appoints the President of CBS, who is currently Per Holten-Andersen. Wikipedia.

Poetz M.K.,Copenhagen Business School
Journal of Product Innovation Management | Year: 2010

For many years, it has remained unquestioned that developing innovation mainly happens within the boundaries of organizations' own research and development (R&D) or marketing departments, that is, an activity based on using or reusing local expertise. The negative effect of this local search behavior on the novelty of the outcome, however, is one of the reasons researchers and innovation managers are increasingly discussing the idea of opening up innovation processes by drawing on external problem solvers. In particular, problem solvers located in contextually distant but analogous domains (i.e., domains linked by similar problems) are capable of contributing to overcoming local search bias: as they do not suffer from functional fixedness but experience a similar (i.e., analogous) problem, they are capable of coming up with highly novel solutions. In theory, a recently introduced search approach known as pyramiding holds great potential for crossing domain-specific boundaries and identifying problem solvers from contextually distant domains. Although initial practical applications of this search method, for example, in the course of applying the lead user method, provide anecdotal evidence, systematic research on the potential of pyramiding for crossing domain-specific boundaries is still lacking to date. This study addresses this gap by analyzing 1,147 interviews conducted in the course of pyramiding search processes in eight lead user studies. The study found that pyramiding is an apt means of systematically crossing domain-specific boundaries: more than one third of those interviewees who were able to provide a valid referral in their interview performed the creative task of referring into one or more analogous domains previously unknown to the searching organization. The interviewees' levels of expertise as well as their domain origins influence the likelihood of a domain-crossing referral. Moreover, the type of industry in which the search field is located is found to moderate the effect of expertise on the likelihood of a referral into an analogous domain. © 2010 Product Development & Management Association. Source

It is generally understood that the pattern of repeated expiration and short-term renewal of the federal production tax credit (PTC) causes a boom-bust cycle in wind power plant investment in the US. This on-off pattern is detrimental to the wind industry, since ramp-up and ramp-down costs are high, and players are deterred from making long-term investments. It is often assumed that the severe downturn in investment during "off" years implies that wind power is unviable without the PTC. This assumption turns out to be unsubstantiated: this paper demonstrates that it is not the absence of the PTC that causes the investment downturn during "off" years, but rather the uncertainty over its return. Specifically, it is the dynamic of power purchase agreement (PPA) negotiations in the face of PTC renewal uncertainty that drives investment volatility. With contract negotiations prevalent in the renewable energy industry, this finding suggests that reducing uncertainty is a crucial component of effective renewable energy policy. The PTC as currently structured is not the only means, existing or potential, for encouraging wind power investment. Using data from a survey of energy professionals, various policy instruments are compared in terms of their perceived stability for supporting long-term investment. © 2010 Elsevier Ltd. Source

Razmerita L.,Copenhagen Business School
IEEE Transactions on Systems, Man, and Cybernetics Part A:Systems and Humans | Year: 2011

This paper focuses on the role of user modeling and semantically enhanced representations for personalization. This paper presents a generic Ontology-based User Modeling framework (OntobUMf), its components, and its associated user modeling processes. This framework models the behavior of the users and classifies its users according to their behavior. The user ontology is the backbone of OntobUMf and has been designed according to the Information Management System Learning Information Package (IMS LIP). The user ontology includes a Behavior concept that extends IMS LIP specification and defines characteristics of the users interacting with the system. Concrete examples of how OntobUMf is used in the context of a Knowledge Management (KM) System are provided. This paper discusses some of the implications of ontology-based user modeling for semantically enhanced KM and, in particular, for personal KM. The results of this research may contribute to the development of other frameworks for modeling user behavior, other semantically enhanced user modeling frameworks, or other semantically enhanced information systems. © 2011 IEEE. Source

Ponte S.,Copenhagen Business School
Environment and Planning A | Year: 2014

In this paper I propose to push the frontier of global value chain (GVC) governance analysis through the concept of 'polarity'. Much of the existing GVC literature has focused on 'unipolar' value chains, where one group of 'lead firms' inhabiting a specific function in a chain plays a dominant role in governing it. Some scholars have explored the dynamics of governance in GVCs characterized as 'bipolar', where two sets of actors in different functional positions both drive the chain. I expand this direction further to suggest conceptualizing governance within a continuum between unipolarity and multipolarity. Empirically, I do so by examining the evolutionary dynamics of governance in biofuel value chains, with specific focus on the key regulatory and institutional features that facilitated their emergence and expansion. First, I examine the formation, evolution, and governance of three national/regional value chains (in Brazil, the US, and the EU); then, I provide evidence to support a trend towards the increasing but still partial formation of a global biofuel value chain and examine its governance traits. Source

Poetz M.K.,Copenhagen Business School | Schreier M.,Bocconi University
Journal of Product Innovation Management | Year: 2012

Generating ideas for new products used to be the exclusive domain of marketers, engineers, and/or designers. Users have only recently been recognized as an alternative source of new product ideas. Whereas some have attributed great potential to outsourcing idea generation to the "crowd" of users ("crowdsourcing"), others have clearly been more skeptical. The authors join this debate by presenting a real-world comparison of ideas actually generated by a firm's professionals with those generated by users in the course of an idea generation contest. Both professionals and users provided ideas to solve an effective and relevant problem in the consumer goods market for baby products. Executives from the underlying company evaluated all ideas (blind to their source) in terms of key quality dimensions including novelty, customer benefit, and feasibility. The study reveals that the crowdsourcing process generated user ideas that score significantly higher in terms of novelty and customer benefit, and somewhat lower in terms of feasibility. However, the average values for feasibility-in sharp contrast to novelty and customer benefit-tended to be relatively high overall, meaning that feasibility did not constitute a narrow bottleneck in this study. Even more interestingly, it is found that user ideas are placed more frequently than expected among the very best in terms of novelty and customer benefit. These findings, which are quite counterintuitive from the perspective of classic new product development (NPD) literature, suggest that, at least under certain conditions, crowdsourcing might constitute a promising method to gather user ideas that can complement those of a firm's professionals at the idea generation stage in NPD. © 2012 Product Development & Management Association. Source

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