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  • 1.
    Gifford, Ethan
    et al.
    Göteborgs Universitet, Gothenburg, Sweden.
    McKelvey, Maureen
    Göteborgs Universitet, Gothenburg, Sweden.
    Saemundsson, Rögnvaldur
    Halmstad University, School of Business, Innovation and Sustainability.
    The evolution of knowledge-intensive innovation ecosystems: co-evolving entrepreneurial activity and innovation policy in the West Swedish maritime system2021In: Industry and Innovation, ISSN 1366-2716, E-ISSN 1469-8390, Vol. 28, no 5, p. 651-676Article in journal (Refereed)
    Abstract [en]

    This paper contributes insights into the debate concerning the emergence of innovation ecosystems. More specifically, we propose a knowledge-intensive innovation ecosystem. Building on prior research on collective action, innovation governance, and knowledge-intensive entrepreneurship, we elaborate on existing theory by presenting a conceptual framework to articulate why ecosystems require the combination of top-down exploration of policy alternatives by policymakers, together with bottom-up knowledge-intensive entrepreneurial activity in order to progress towards sustainable development. Through our case study of the Maritime Cluster of West Sweden, we propose that sustained incentives for knowledge-intensive innovative entrepreneurship, along with more experimentation and new forms of collaboration by policymakers in the Maritime Cluster, are needed in order for progress towards innovation-led sustainable development to occur. © 2020 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.

  • 2.
    Jónsson, Örn D.
    et al.
    University of Iceland, Reykjavík, Iceland.
    Saemundsson, Rögnvaldur
    University of Iceland, Reykjavík, Iceland.
    Free Market Ideology, Crony Capitalism, and Social Resilience2014In: Gambling Debt: Iceland's Rise and Fail in the Economy / [ed] E. Paul Durrenberger & Gisli Palsson, Boulder, CO: University Press of Colorado , 2014, p. 23-32Chapter in book (Refereed)
  • 3.
    Kristinsson, Kari
    et al.
    University of Iceland, Reykjavík, Iceland.
    Candi, Marina
    Reykjavik University, Reykjavík, Iceland & LUISS Guido Carli University, Rome, Italy.
    Saemundsson, Rögnvaldur
    University of Iceland, Reykjavík, Iceland.
    The Relationship between Founder Team Diversity and Innovation Performance: The Moderating Role of Causation Logic2016In: Long range planning, ISSN 0024-6301, E-ISSN 1873-1872, Vol. 49, no 4, p. 464-476Article in journal (Refereed)
    Abstract [en]

    This article examines two factors commonly thought to be potential contributors to business success, namely diversity and the logic that drives entrepreneurial decision making. The empirical context is new ventures, and data collected using a survey of new ventures are used to investigate the contribution of founder team informational diversity to innovation performance, as well as the moderating effect of the degree of causation logic used in decision making.

    The findings confirm that founder team informational diversity is positively related to both idea generation and the implementation of ideas into new products or services. Furthermore, the findings suggest that the relationships between founder diversity and both idea generation and realized innovation are moderated by the logic of entrepreneurial decision making. The relationship between founder team informational diversity and idea generation is stronger when decision making is based on strong causation logic, while the relationship between founder team informational diversity and realized innovation is stronger when decision making is based to a lesser degree on causation logic. © 2015 Elsevier Ltd. All rights reserved.

  • 4.
    McKelvey, M.
    et al.
    Institute of Innovation and Entrepreneurship, Department of Economy and Society, School of Business, Economics and Law, University of Gothenburg, Gothenburg, Sweden.
    Saemundsson, Rögnvaldur
    Halmstad University, School of Business, Innovation and Sustainability, Centre for Innovation, Entrepreneurship and Learning Research (CIEL).
    The grey zones of technological innovation: negative unintended consequences as a counterbalance to novelty2020In: Industry and Innovation, ISSN 1366-2716, E-ISSN 1469-8390, Vol. 28, no 1, p. 79-101Article in journal (Refereed)
    Abstract [en]

    The purpose of this article is to better understand the challenges of avoiding the dark side of technological innovation. Specifically, we analyse 10 public investigations started as a reaction to a major crisis in regenerative medicine at the Karolinska Institute, Sweden, associated with the clinician-scientist Paolo Macchiarini. We interpret the reaction as an attempt to restore the balance between the stimulation and regulation of technological innovation processes by clarifying ambiguities in the regulation at the interface between research and practice. We conceptualise these ambiguities as grey zones–situations when it is unclear if the benefits of experimentation outweigh its risks–and propose that grey zones are continually created and resolved as actors in innovation governance systems counterbalance the generation of novelty and the risk of negative unintended consequences. © 2020, © 2020 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.

  • 5.
    McKelvey, Maureen
    et al.
    University of Gothenburg, Gothenburg, Sweden.
    Saemundsson, Rögnvaldur
    Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL). University of Gothenburg, Gothenburg, Sweden & University of Iceland, Reykjavik, Iceland.
    An evolutionary model of innovation policy: conceptualizing the growth of knowledge in innovation policy as an evolution of policy2018In: Industrial and Corporate Change, ISSN 0960-6491, E-ISSN 1464-3650, Vol. 27, no 5, p. 851-865Article in journal (Refereed)
    Abstract [en]

    Our purpose is to propose a conceptual model of the growth of knowledge in innovation policy making. We explicitly draw upon evolutionary economics to conceptualize learning as an evolutionary process of the growth of knowledge about policy problems and their solutions. Our model points to the central role of the variation and selective retention of policy alternatives and contributes to the current debate about how to build capacity through and for mission-oriented innovation policies, to address grand social challenges. © The Author(s) 2018. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved.

  • 6.
    McKelvey, Maureen
    et al.
    School of Business, Economics and Law, University of Gothenburg, Sweden.
    Saemundsson, Rögnvaldur
    Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL). School of Business, Economics and Law, University of Gothenburg, Sweden & Department of Industrial Engineering, University of Iceland, Iceland.
    An evolutionary model of science policy: Routines and the growth of knowledge in policy-making organisations2017In: International Journal of Economics and Business Research, ISSN 1756-9850, E-ISSN 1756-9869, Vol. 14, no 3-4, p. 298-311Article in journal (Refereed)
    Abstract [en]

    This paper proposes an evolutionary model of science policy. The paper draws upon evolutionary economics and associated applications to theory of the firm on routines and the role of knowledge in decision-making. This strand of literature is called the growth of knowledge perspective, because routines are assumed to embody useful knowledge about problems to be solved and potential solutions to them. This paper develops a conceptual model, based upon this literature and Campbell’s evolutionary epistemology. The paper proposes that the equivalent of firm routines is, in the science policy context, public policy alternatives such as policy instruments. Moreover, the paper develops notions of science policy fields, and puts them in an evolutionary model in order to understand the creation of variety, retention and selection amongst policy alternatives. © 2017 Inderscience Enterprises Ltd.

  • 7.
    Mckelvey, Maureen
    et al.
    University of Gothenburg, Gothenburg, Sweden.
    Saemundsson, Rögnvaldur
    Halmstad University, School of Business, Innovation and Sustainability, Centre for Innovation, Entrepreneurship and Learning Research (CIEL). University of Gothenburg, Gothenburg, Sweden; University of Iceland, Reykjavik, Iceland.
    Developing innovation governance readiness in regenerative medicine: lessons learned from the Macchiarini crisis2021In: Regenerative Medicine, ISSN 1746-0751, E-ISSN 1746-076X, Vol. 16, no 3, p. 283-294Article, review/survey (Refereed)
    Abstract [en]

    The generation and clinical adoption of workable therapies in regenerative medicine has been slow, despite its alleged potential to relieve suffering and improve health outcomes. This has been explained by a fundamental difference between advanced cell and gene therapies and conventional drug- and device-based therapies, raising questions about how the readiness of existing healthcare systems to adopt such therapies can be evaluated and improved. In this paper, we use the lessons learned from the Macchiarini crisis at the Karolinska Institute in Sweden to take the first step in formulating the concept of innovation governance readiness. We propose it as a tool to help evaluate and improve the ability of private, public and civil society actors to work together to build and put into practice therapies based on emerging medical technologies such as regenerative medicine. © 2021 Future Medicine Ltd.

  • 8.
    McKelvey, Maureen
    et al.
    School of Business, Gothenburg, Sweden.
    Saemundsson, Rögnvaldur
    Halmstad University, School of Business, Innovation and Sustainability. School of Business, Gothenburg, Sweden; University Of Iceland, Reykjavik, Iceland.
    Ready to innovate during a crisis? Innovation governance during the first wave of COVID-19 infections in Iceland2023In: Innovation: Management, Policy & Practice, ISSN 1447-9338, E-ISSN 2204-0226Article in journal (Refereed)
    Abstract [en]

    Previous studies on innovation governance have focused on the governance of science, technology, and innovation from a long-term perspective. In this article we focus on the short term by exploring the generation and use of new scientific and technical knowledge to address an urgent societal crisis. We empirically analyse the emergency response during the first wave of COVID-19 infections in Iceland using a conceptual framework based on three theoretical components, namely, emergency management, innovation governance, and the innovation process as a problem-solving process. The empirical analysis is built on a systematic analysis of secondary data. Based on the results, we conclude that improvisation processes using existing knowledge and capabilities and triggered by unanticipated problems during a crisis are in some cases sources of successful innovation. In these cases initial problem-solving processes characterized by improvisation can be interpreted as blind variations that are retained and diffused through a series of complementary problem-solving processes that generate and use new scientific and technical knowledge. Furthermore, we extend the concept of innovation governance readiness to include both the readiness to exploit technological opportunities and the readiness to address unanticipated problems during a crisis and propose that our extension is useful for integrating long-term and short-term aspects of innovation governance. © 2023 Informa UK Limited, trading as Taylor & Francis Group.

  • 9.
    McKelvey, Maureen
    et al.
    Institute for Innovation and Entrepreneurship, School of Business, Economics and Law, University of Gothenburg, Gothenburg, Sweden.
    Saemundsson, Rögnvaldur
    Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL).
    Zaring, Olof
    Institute for Innovation and Entrepreneurship, School of Business, Economics and Law, University of Gothenburg, Gothenburg, Sweden.
    A Recent Crisis in Regenerative Medicine: Analyzing Governance in Order to Identify Public Policy Issues2018In: Science and Public Policy, ISSN 0302-3427, E-ISSN 1471-5430, Vol. 45, no 5, p. 608-620Article in journal (Refereed)
    Abstract [en]

    This article focuses upon issues that public policy makers need to address, when trying to stimulate world-leading research into new areas, which are potentially also valuable to solving societal challenges. Our analysis helps contribute to the theoretical discussions about governance of new knowledge. We focus upon the sequence of events surrounding the main actors of a recent crisis of regenerative medicine in Sweden. We define governance theoretically, and use a conceptual model in order to structure the empirical analysis. Regenerative medicine is an interesting setting to explore these topics, not least because both public and private actors are often involved, and because governments struggle with how to promote ‘translational research’, e.g. diffusing scientific research into clinical practice. Our case study helps understand the process that led up to a crisis in regenerative medicine and identifies and discusses four issues that need to be addressed by policy makers. © The Author(s) 2018. Published by Oxford University Press.

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  • 10.
    McKelvey, Maureen
    et al.
    Gothenburg University, Gothenburg, Sweden.
    Saemundsson, Rögnvaldur
    Gothenburg University, Gothenburg, Sweden.
    Zaring, Olof
    Gothenburg University, Gothenburg, Sweden.
    Governance of medical research and innovation: Lessons from a recent crisis in regenerative medicine2016Conference paper (Refereed)
  • 11.
    Saemundsson, Johann Rögnvaldur
    et al.
    University of Iceland, Reykjavík, Iceland.
    Holmén, Magnus
    Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL).
    Who Becomes an Entrepreneur?: How Changes In Activity Systems Affect Entrepreneurial Action2015Conference paper (Refereed)
    Abstract [en]

    Entrepreneurs create and appropriate value by designing a system of interconnected and interdependent activities that determine how they do business. These activity systems span beyond the individual firm and compose complex interconnected ecosystems. Current research focuses on how entrepreneurs design new activity systems but do not focus on how these changes create new entrepreneurial opportunities and for whom. In this paper we ask why some people but not others pursue entrepreneurial opportunities following changes in an activity system. Based on Lachmann’s theory of capital we develop a theoretical framework for analyzing how changes in the structure of activities affect the knowledge required to pursue subsequent entrepreneurial opportunities. © 2015 Academy of Management. All rights reserved.

    Download full text (pdf)
    fulltext
  • 12.
    Saemundsson, Rögnvaldur
    Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL). University of Gothenburg, Gothenburg, Sweden & University of Iceland, Reykjavík, Iceland.
    Coevolution of medical and engineering knowledge2015Conference paper (Other academic)
  • 13.
    Saemundsson, Rögnvaldur
    University of Gothenburg, Gothenburg, Sweden.
    Co-evolution of medical and engineering knowledge2016Conference paper (Refereed)
  • 14.
    Saemundsson, Rögnvaldur
    et al.
    Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL). University of Gothenburg, Gothenburg, Sweden & University of Iceland, Reykjavik, Iceland.
    Candi, Marina
    Reykjavik University Center for Research on Innovation and Entrepreneurship, Reykjavik, Iceland.
    Absorptive Capacity and the Identification of Opportunities in New Technology-Based Firms2017In: Technovation, ISSN 0166-4972, E-ISSN 1879-2383, Vol. 64-65, p. 43-49Article in journal (Refereed)
    Abstract [en]

    The purpose of this work is to investigate relationships between knowledge and opportunities in new ventures. More specifically, this work proposes and empirically tests how potential absorptive capacity is related with the identification of opportunities in new technology-based firms (NTBFs). To take into account the unique nature of NTBFs we divide potential absorptive capacity into problem absorptive capacity, i.e. the ability to identify and acquire knowledge of the goals, aspirations and needs of current and potential customers, and solution absorptive capacity, i.e. the ability to identify and acquire external knowledge of solutions to fulfill them. We develop three hypotheses, which predict that both problem absorptive capacity and solution absorptive capacity will be positively related with the identification of opportunities in NTBFs and that they will reinforce each other. The findings support the importance of making a distinction between the two proposed dimensions of potential absorptive capacity and shed light on their effectiveness and interaction for the identification of opportunities. © 2017 Elsevier Ltd

  • 15.
    Saemundsson, Rögnvaldur
    et al.
    Halmstad University, School of Business, Innovation and Sustainability. University of Iceland, Reykjavik, Iceland; Gothenburg University, Gothenburg, Sweden.
    Candi, Marina
    Reykjavik University, Reykjavík, Iceland; University of Edinburgh Business School, Edinburgh, United Kingdom.
    Sigurjonsson, Throstur Olaf
    University of Iceland, Reykjavik, Iceland; Copenhagen Business School, Frederiksberg, Denmark.
    The influence of performance feedback and top management team orientation on decisions about R&D in technology-based firms2022In: Technovation, ISSN 0166-4972, E-ISSN 1879-2383, Vol. 113, article id 102420Article in journal (Refereed)
    Abstract [en]

    The purpose of this work is to investigate the influence of performance feedback on decisions about R&D—more specifically R&D intensity and R&D direction, ranging from exploitation to exploration—and how this varies depending on top management team orientation. Using panel data collected from a large sample of technology-based firms over nine years, hypotheses about how the relationship between performance feedback and decisions about R&D are moderated by the technology orientation of top management teams are tested. Overall, the findings support the basic premises put forth, namely that top management team orientation influences decisions about R&D in response to performance feedback. This sheds new light on our understanding of the relationship between performance feedback and decisions about R&D in technology-based firms. © 2021 Elsevier Ltd

  • 16.
    Saemundsson, Rögnvaldur
    et al.
    University of Iceland, Reykjavík, Iceland.
    Holmén, Magnus
    Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL).
    The endogenous nature of entrepreneurship: How capital structure changes influence who identify and exploit entrepreneurial opportunities2015In: Australian Centre for Entrepreneurship (ACE) Research Exchange Conference 2015: 3 – 6 February, Adelaide, Australia, 2015, p. 26-26Conference paper (Refereed)
    Abstract [en]

    Entrepreneurs create and appropriate value by designing a system of interconnected and interdependent activities that determine how they do business. These activity systems span beyond the individual firm and compose complex interconnected ecosystems. Current research focuses on how entrepreneurs design new activity systems but do not focus on how these changes create new entrepreneurial opportunities and for whom. In this paper we ask why some people but not others identify and exploit entrepreneurial opportunities following changes in an activity system. Based on Lachmann’s theory of capital we develop a theoretical framework for analyzing how changes in the structure of activities in terms of knowledge substitution affect the knowledge required to identify and exploit opportunities by focusing on the role of complementarities and multiple specificities of capital resources. The results have implications for our understanding of the endogenous nature of entrepreneurship and the coevolution of business model innovation and innovation ecosystems.

  • 17.
    Saemundsson, Rögnvaldur
    et al.
    University of Gothenburg, Gothenburg, Sweden.
    McKelvey, Maureen
    University of Gothenburg, Gothenburg, Sweden.
    Zaring, Olof
    University of Gothenburg, Gothenburg, Sweden.
    Aiming high and failing spectacularly: Lessons from a recent crisis in regenerative medicine2016In: EU-SPRI Conference: Lund 2016: Book of abstracts, 2016, p. 319-320Conference paper (Refereed)
1 - 17 of 17
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