Innovation and Operation Management Group

This research area examines the economic and management aspects related to technological innovation.

Investigating how knowledge is used in innovation is of primary importance for enabling organizations to create and capture value from what they know. Financing of innovation is a specific interest. Indeed, high-tech companies are characterized by a pronounced funding gap, which limits their growth. The goal of this theme is to analyze the efficacy of public and private mechanisms in supporting the need to raise capital:

  1.  venture capital,
  2. crowdfunding,
  3. and proof of concepts and university seed funds.

 

Operations management  

This research area investigates the economic and management aspects related to firms’ production systems and supply chains to understand how firms effectively organize internal operations, build efficient interfirm relationships, and develop sustainable production strategies. This area can be subdivided into four categories as follows.

 

Buyer–supplier relationships

This theme identifies and analyzes the mechanisms to be adopted for effective supplier management. These mechanisms are broadly defined as transactional and relational; their effectiveness is typically context dependent. Combinations of the two types can be appropriate under specific conditions.

 

Global supply chain management and reshoring

Production location choices and the implications of these choices influence product quality and cost as well as service performance. Particular attention is devoted to the recent reshoring trend, (i.e., the repatriation of previously offshored activities).

 

Performance measurement systems

Research on performance measurement systems aims at exploring how to measure and manage performance in organizations. Particular focus is devoted to the design of key performance indicators and performance dashboards that support organizations in strengthening both efficiency and innovation (organizational ambidexterity).

 

Business sustainability and circular economy

Business sustainability has gained greater attention in recent years. Our research aims to analyze how to measure sustainability in organizations and across value chains, with a particular focus on eco-design and value loops. We are currently exploring how to support industrial ecosystems in the transition towards a low-carbon economy.

 

Science and public policy

This area investigates the design, implementation, and evaluation of public policies in support of science, innovation, social cohesion, and sustainability. Researchers in this area adopt multidisciplinary approaches and robust methodologies to understand how the public intervention can effectively address social and economic challenges. A specific focus is devoted to the rigorous assessment of the impact of public policies as a way to support “evidence-based” policy-making. The main themes addressed in this area are the following.

 

The design of science and innovation policies

Public intervention is a central catalyst for the creation of entrepreneurial ecosystems and the translation of scientific results into new commercial solutions. It also provides direction, incentives and support for companies’ R&D and innovation activities. In this thematic area, a diversified set of public measures is analyzed (including university institutional reforms; science funding programmemes; incubators, science parks, and accelerators; public venture capital funds; R&D grants) that speed up broad commercialization of innovation and foster the creation and growth of new ventures. 

 

Public policies for social enterprises

This thematic area is concerned with public innovative solutions to spur social enterprises and social businesses as a vehicle for the provision of public services. It analyzes a set of policy tools that nurture the social enterprise ecosystem, including financial instruments such as public venture capital programmes, social bonds, grants, and crowdfunding.

 

Environmental and sustainability policies

The goal of this thematic area is to analyze public measuresimplemented at the local, regional, national, or international levelsaimed at preventing or reducing harmful effects of human and business activities on environmental resources and natural ecosystems. A specific focus is directed towards understanding the impact of environmental policies and regulations on firms’ activities, strategies, and outcomes.

 

Assessing the innovation, social, and economic impacts of public policies

A specific thematic area regards the development of innovative frameworks and robust statistical methodologies for assessing the impact of public policies on tackling societal challenges and meeting public objectives such as economic growth, the environment, and overall human well-being. Researchers in this area have matured solid and internationally renowned competences in the application of scientific methods for measuring the direct and indirect effects of science, innovation, social, and environmental policies. They have also developed innovative and extensive datasets of science, technology, and entrepreneurship indicators to support ex-post policy evaluations.