Piero Formica - Böcker

A profile in socio-technical terms of ways that innovation is manifested in American, European, and Asian knowledge-based innovation networks and knowledge clusters. Twelve conceptual and empirical studies are presented that contribute to a better understanding of the role of knowledge in technological entrepreneurship.

A profile in socio-technical terms of ways that innovation is manifested in American, European, and Asian knowledge-based innovation networks and knowledge clusters. Twelve conceptual and empirical studies are presented that contribute to a better understanding of the role of knowledge in technological entrepreneurship.

The Springer book series Innovation, Technology, and Knowledge Management was launched in March 2008 as a forum and intellectual, scholarly “podium” for global/local, transdisciplinary, transsectoral, public–private, and leading/“bleeding” -edge ideas, theories, and perspectives on these topics. The book series is accompanied by the Springer Journal of the Knowledge Economy, which was launched in 2009 with the same editorial leadership. The series showcases provocative views that diverge from the current “conv- tional wisdom,” that are properly grounded in theory and practice, and that consider 1 2 the concepts of robust competitiveness, sustainable entrepreneurship, and demo- 3 cratic capitalism, central to its philosophy and objectives. More specifically, the aim of this series is to highlight emerging research and practice at the dynamic intersection of these fields, where individuals, organizations, industries, regions, and nations are harnessing creativity and invention to achieve and sustain growth. Books that are part of the series explore the impact of innovation at the “macro” (economies, markets), “meso” (industries, firms), and “micro” levels. (teams, indi viduals), drawing from such related disciplines as finance, organizational psychology, research and development, science policy, information systems, and 1 We define sustainable entrepreneurship as the creation of viable, profitable, and scalable firms. Such firms engender the formation of self-replicating and mutually enhancing innovation networks and knowledge clusters (innovation ecosystems), leading toward robust competitiveness (E.G. Carayannis, International Journal of Innovation and Regional Development, 1(3), 235–254, 2009).

The Springer book series Innovation, Technology, and Knowledge Management was launched in March 2008 as a forum and intellectual, scholarly “podium” for global/local, transdisciplinary, transsectoral, public–private, and leading/“bleeding” -edge ideas, theories, and perspectives on these topics. The book series is accompanied by the Springer Journal of the Knowledge Economy, which was launched in 2009 with the same editorial leadership. The series showcases provocative views that diverge from the current “conv- tional wisdom,” that are properly grounded in theory and practice, and that consider 1 2 the concepts of robust competitiveness, sustainable entrepreneurship, and demo- 3 cratic capitalism, central to its philosophy and objectives. More specifically, the aim of this series is to highlight emerging research and practice at the dynamic intersection of these fields, where individuals, organizations, industries, regions, and nations are harnessing creativity and invention to achieve and sustain growth. Books that are part of the series explore the impact of innovation at the “macro” (economies, markets), “meso” (industries, firms), and “micro” levels. (teams, indi viduals), drawing from such related disciplines as finance, organizational psychology, research and development, science policy, information systems, and 1 We define sustainable entrepreneurship as the creation of viable, profitable, and scalable firms. Such firms engender the formation of self-replicating and mutually enhancing innovation networks and knowledge clusters (innovation ecosystems), leading toward robust competitiveness (E.G. Carayannis, International Journal of Innovation and Regional Development, 1(3), 235–254, 2009).

We are now entering a new entrepreneurial economy, as we have shifted away from an industrial economy. This sharing economy has created a new paradigm of aggregation of individuals. It is around these communities organized into categories (workers, employees, executives, entrepreneurs, professionals) that the legislation takes shape. If public policy intends to give voice to the sharing communities, then it needs to enact pro-entrepreneurship policies, and move away from policies that cater to the old industrial economy. This can be done by facilitating experiments and studies of entrepreneurial ventures and start-ups. There is no work at the crossroads of economics and entrepreneurship such as this. Formica explains why public policy now needs to shift towards the entrepreneurial economy, and how this can be done. Employing illustrative examples, this book focuses on the crucial role of policies to support entrepreneurs and establish the right environment for new business development and rapid conversion of ideas into enterprises that contribute to booming economic growth and prosperity.

Acclaimed entrepreneurship and innovation scholar Piero Formica, along with a strong and diverse cast of international contributors, explore the world of Open Innovation in this volume. Tackling new developments in the field, the authors examine altruism and the role of openness to unorthodox and unconventional experimentation as the newest arena to create modern knowledge resources and entrepreneurial ventures.

We live in the Age of Knowledge but we are heading towards the Age of Imagination. However, our current education systems still divide arts and business, juxtaposing them as different worlds, apparently ignoring the essential truth that imagination is the springboard of innovation. For business to continue to evolve, the barriers to creativity and innovation must be lowered. In Innovation and the Arts: The Value of Humanities Studies for Business, editors Piero Formica and John Edmondson bring together a cast of expert contributors to explore how arts education can transform future business and social endeavours by developing empathy and enhancing skills frequently identified as lacking in graduates entering the workplace. Looking at arts and humanities across the broad spectrum of business and social innovation, and in the context of business education, examples of entrepreneurial and innovative developments, and the nature of the innovative mind, the contributors show how underdeveloped empathy and creativity constrain innovation. Art is disruptive, and innovation requires disruption to thrive. By dwelling on the need for the convergence of business, innovation and the arts, Innovation and the Arts highlights the inestimable value of lowering the psychological, organizational and institutional barriers that keep them apart. For educators and practitioners, this is an in-depth discussion designed to stimulate awareness of the issues facing business education.

The intertwining of Economics, Knowledge and Renaissance, introduced by Piero Formica in this book as ‘Econaissance’, fosters the culture of entrepreneurialism, and imagines the reawakening of learning and culture. Acknowledging that schools of thought inherited from the past must be reimagined to give birth to this new age, this book maps out how stakeholders across society can become agents of this unique pathway to economic development.  Formica offers readers an innovative perspective, asking not just how me might do better what we already do, but also how we can engage in activities beyond the economic sphere, and help to usher in the dawn of a new renaissance age that acts on the principles of human knowledge as well as the economy. In doing so, Econaissance highlights the figure of the ‘Ideator’, the polymath of the twenty-first century, set to become the ultimate athlete of social progress fuelled by sustainable and environmentally friendly economic development. This book will equip educators, scientists, innovators, entrepreneurs, and more to play a part in this imagined future.

In an age where knowledge is so easily disseminated, the modern-day workplace, and roles as we know them, are beginning to transform. As ideation establishes itself as a concept, if put into action, it could help to create and form a more transformative entrepreneurial future generation. It will be the actions of many ideators that will motivate and contribute to the post-pandemic economy, and this becomes even more tangible as fewer people occupy predetermined and fixed positions in companies.By moving from the economy of mass production to knowledge-driven entrepreneurship, value creation is embedded in the lifeblood of ideas in action (the 'ideation'), combined, shared with investors, disseminated territorially, and adapted to the conditions of individual communities.Ideators: Their Words and Voices presents the concept of ideation and its applications in a thorough yet accessible format, focusing on the process of idea creation, and also presents a series of protagonists of creativity and innovation who will reflect on their own career changes.

Bringing together a diverse collection of authors to examine the concept of One Health – the interlinking of the economy and the health of humans, other living beings, and nature – Piero Formica investigates how transformative enterprises and advanced technologies can improve the health of the planet and its people.Exploring topics such as organizations as organisms, innovation and sustainability, healthcare and wellbeing, citizen engagement and more, One Health is a truly transdisciplinary collection.Advocating for an economically sustainable and harmonised future, the overarching and widely applicable subject matter appeals to both academia and policymakers and businesses, trade associations, foundations, business incubators, and health organizations.

In Sciencepreneurship, author Piero Formica explores the symbiotic relationship between science, entrepreneurship, and sustainable economic growth. He argues that like artists, writers and educators, scientists and entrepreneurs foster social progress and provide opportunities to advance sustainable and environmentally friendly economic development.Innovative and future thinking entrepreneurs play a special role in the advancement of science and technology. They help guide scientific discoveries into our daily lives and reveal new opportunities for social innovation as they exploit the discoveries that scientists make of the natural world. Sciencepreneurship argues that forward-thinking scientific entrepreneurs are well placed to take advantage of recent breakthroughs ranging from genetic sequencing to smartphone applications—innovations that have entered our lives at breakneck speed.Taking a transdisciplinary approach, which is one that integrates the natural, social and health sciences in a humanities context, Formica teaches readers, from academic researchers to engaged entrepreneurs, how to valorise science and entrepreneurship by designing a context of close, long-term interaction between the two.

This book presents readers with the opportunity to fundamentally re-evaluate the processes of innovation and entrepreneurship, and to rethink how they might best be stimulated and fostered within our organizations and communities.  The fundamental thesis of the book is that the entrepreneurial process is not a linear progression from novel idea to successful innovation, but is an iterative series of experiments, where progress depends on the persistence and resilience of the individuals involved, and their ability and to learn from failure as well as success. From this premise, the authors argue that the ideal environment for new venture creation is a form of “experimental laboratory,” a community of innovators where ideas are generated, shared, and refined; experiments are encouraged; and which in itself serves as a test environment for those ideas and experiments.  This environment is quite different from the traditional “incubator,” which may impose the disciplines of the established firm too early in the development of the new venture.Featuring case examples of start-ups across a wide spectrum of industries, from Wikipedia to Ryanair, the authors explore the qualities of successful innovation, including a high tolerance of risk and unpredictability and commitment to building knowledge enterprises that value intangible assets. This volume is a clarion call to those in academia, enterprise, and government who seek to work together to promote innovation and entrepreneurship, with a stark message for academic institutions: engage or be left behind.

This book presents readers with the opportunity to fundamentally re-evaluate the processes of innovation and entrepreneurship, and to rethink how they might best be stimulated and fostered within our organizations and communities.  The fundamental thesis of the book is that the entrepreneurial process is not a linear progression from novel idea to successful innovation, but is an iterative series of experiments, where progress depends on the persistence and resilience of the individuals involved, and their ability and to learn from failure as well as success. From this premise, the authors argue that the ideal environment for new venture creation is a form of “experimental laboratory,” a community of innovators where ideas are generated, shared, and refined; experiments are encouraged; and which in itself serves as a test environment for those ideas and experiments.  This environment is quite different from the traditional “incubator,” which may impose the disciplines of the established firm too early in the development of the new venture.Featuring case examples of start-ups across a wide spectrum of industries, from Wikipedia to Ryanair, the authors explore the qualities of successful innovation, including a high tolerance of risk and unpredictability and commitment to building knowledge enterprises that value intangible assets. This volume is a clarion call to those in academia, enterprise, and government who seek to work together to promote innovation and entrepreneurship, with a stark message for academic institutions: engage or be left behind.

This book explores the parallels between the Renaissance during the 14th to 16th centuries and the upheavals in human and physical sciences in the 21st Century that herald an insurgent entrepreneurial renaissance.The first Renaissance, conceived and developed in an urban environment, with the Medici family in Florence as pioneers, was a melting pot of art, culture, science and technology. It is in that context that entrepreneurship derived from artisan tradition and, hence, customized, was born to meet the demands and anticipate the needs of individual consumers. Starting with the mechanical technologies of the first industrial revolution, art, culture and science became separated from entrepreneurship. The latter took on Fordist features which depersonalized and, therefore, standardized the producer-consumer relationship. The emerging model of entrepreneurship returns to its origins in customization (e.g., 3D printing technologies, sharing/on-demand economy) strongly linked to the sequence "art-culture-science-technology."The road to a new entrepreneurial renaissance is traveled by cities with creative communities. These communities actively participate in promoting international talent mobility, encouraging connections among the knowledge nomads who move around the world and the resources and talents rooted locally. Brought back to life under the conditions of the current age, entrepreneurship is once again woven into the fabric of art, culture, science and technology, and contributing to civic identity and pride. Featuring case studies from local experts that highlight innovative initiatives and developments in diverse cities around the world, this book aims to stimulate deep thought, theories and applications in the fields of entrepreneurship and innovation.