2021
Journal Publications
Könnölä, T., Eloranta, V., Turunen, T., & Salo, A. (forthcoming). Transformative governance of innovation ecosystems. Technological Forecasting and Social Change, in-press.
Liesiö, J., Salo, A., Keisler, J.M., & Morton, A. (2021). Portfolio Decision Analysis: Recent developments and future prospects, European Journal of Operational Research 293(3), 811–825.
Mancuso, A., Compare, M., Salo, A., & E. Zio, E. (2021). Optimal prognostics and health management-driven inspection and maintenance strategies for industrial systems, Reliability Engineering and System Safety 210, 107536.
Salo, A. (2021). Developing the needed scientific theory will not be easy: Commentary on Fergnani and Chermack (2021), Futures & Foresight Science (forthcoming, https://doi.org/10.1002/ffo2.73).
Dissertations
Andelmin, J. (2021). Models and algorithms for vehicle routing, resource allocation, and multi-stage decision-making under uncertainty. Aalto University School of Science. Department of Mathematics and Systems Analysis. Doctoral Dissertation Series 82/2021. Helsinki.
2020
Journal Publications
Baker, E., Bosetti, V., & Salo, A. (2020). Robust portfolio decision analysis: An application to the energy R&D portfolio problem, European Journal of Operational Research 284(3), 1107-1120.
Hynninen, Y., Vilkkumaa, E., & Salo A. (forthcoming). Operationalization of utilitarian and egalitarian objectives for optimal allocation of healthcare resources, Decision Sciences.
Liesiö, J., Andelmin, J., & Salo, A. (forthcoming). Efficient allocation of resources to a portfolio of decision making units, European Journal of Operational Research.
Naveed, N., Watanabe, C., & Neittaanmäki, P. (2020). Co-evolutionary coupling leads a way to a novel concept of R&D: Lessons from digitalized bioeconomy. Technology in Society, 60, 101220.
Tou, Y., Watanabe, C., & Neittaanmäki, P. (2020). Fusion of technology
management and financing management: Amazon’s transformative endeavor by orchestrating techno-financing systems. Technology in Society, 60, 101219.
Watanabe, C., Tou, Y. & Neittaanmaki, P. (2020). Institutional systems inducing R&D in Amazon: The Role of an investor surplus toward stakeholder capitalization. Technology in Society 63, 101290.
Watanabe, C., Akhtar, W, Tou, Y. & Neittaanmäki, P. (2020). Fashion-driven textiles as a crystal of a new stream for stakeholder capitalism: Amazon’s endeavor. International Journal of Managing Information Technology, 12 (2), 19-42.
Dissertations
Mancuso, A. (2020). Risk-informed optimization of mitigation strategies in safety-critical systems. Aalto University School of Science. Department of Mathematics and Systems Analysis. Doctoral Dissertation Series 116/2020. Helsinki.
2019
Journal Publications
Tou, Y., Watanabe, C., & Neittaanmäki, P. (2019). Co-evolution between CCC-driven cash flow management and transformation of R&D: Amazon’s endeavor. International Journal of Managing Information Technology, 11 (3), 1-20.
Tou, Y., Watanabe, C., Moriya, K. & Neittaanmäki, P. (2019). Harnessing soft innovation resources leads to neo open innovation. Technology in Society, 58, 101114.
Tou, Y., Watanabe, C., Moriya, K., Naveed, N., Vurpillat, V. & Neittaanmäki, P. (2019). The transformation of R&D into neo open innovation: A new concept in R&D endeavor triggered by Amazon. Technology in Society, 58, 101141.
Watanabe, C. & Tou, Y. (2019). Transformative direction of R&D: Lessons from Amazon’s endeavor. Technovation, 88, 102081.
Tou, Y., Watanabe, C., Moriya, K., Vurpillat, V. & Neittaanmäki, P. (2019). A new concept of R&D in neo open innovation: Transformation of R&D triggered by Amazon. International Journal of Managing Information Technology, 11 (1), 17-35.
Tou, Y., Watanabe, C., Moriya, K. & Neittaanmäki, P. (2019). A solution to the dilemma between R&D expansion and the productivity decline: Lessons from the R&D models in Amazon and Finland. International Journal of Managing Information Technology, 11 (2), 9-31.
Moriya, K., Tou, Y., Watanabe, C. & Neittaanmäki, P. (2019). Co-evolutionary coupling between captured and uncaptured GDP cycles: Cross learning from Amazon and Finland models for sustainability. International Journal of Managing Information Technology, 11 (2), 33-54.
Moriya, K., Tou, Y., Watanabe, C. & Neittaanmäki, P. (2019). Towards overcoming the limitation of GDP in the digital economy: Lessons from the UK’s endeavor and other recent studies. Open Journal of Economics and Finance, 3, 1-10.
Naveed, N. & Watanabe, C. (2019). Co-evolutionary Coupling via a Digital-bio Ecosystem: A Suggestion for a New R&D Model in the Digital Economy. International Journal of Managing Information Technology, 11 (2), 65-87.
Conference Publications
Eloranta, V., Hakanen, E., Töytäri, P., and Turunen, T. (2019). Aligning Multilateral Value Creation and Value Capture in Ecosystem-level Business Models, Academy of Management Proceedings. Boston, US. August, 2019.
2018
Journal Publications
Autio, E., Nambisan, S., Thomas, L. D., & Wright, M. (2018). Digital affordances, spatial affordances, and the genesis of entrepreneurial ecosystems. Strategic Entrepreneurship Journal, 12(1), 72-95.
Dattée, B., Alexy, O., & Autio, E. (2018). Maneuvering in poor visibility: How firms play the ecosystem game when uncertainty is high. Academy of Management Journal, 61(2), 466-498.
Eloranta, V. and Turunen, T. (2018). Special Issue on Internet-of-Things -driven B2B Service Networks: Guest Editorial. Journal of Business and Industrial Marketing, 33(6), 745-748 .
Inoue, Y. & Tsujimoto, M. (2018). New market development of platform ecosystems: A study of the Nintendo Will. Technological Forecasting and Social Change, 136, 235-253.
Kauppinen, L., Siddiqui, A. S., & Salo, A. (2018). Investing in Time-to-Build Projects With Uncertain Revenues and Costs: A Real Options Approach. IEEE Transactions on Engineering Management, 99, 1-12.
Naveed, K., Watanabe, C. & Neittaanmäki, P. (2018). The transformative direction of innovation toward an IoT-driven society: Increasing dependency on uncaptured GDP in global ICT firms. Technology in Society, 53, 23-46.
Su, Y.S., Kajikawa, Y., Tsujimoto, M. & Chen, J. (2018). Innovation ecosystems: Theory, evidence, practice, and implications. Technological Forecasting and Social Change, 136, 14-17.
Tsujimoto, M., Kajikawa, Y., Tomita, J. & Matsumoto, Y. (2018) A review of the ecosystem concept: Towards coherent ecosystem design. Technological Forecasting and Social Change, 136, 49-58.
Turunen, T., Eloranta, V., & Hakanen, E. (2018). Contemporary perspectives on the strategic role of information in internet of things-driven industrial services. Journal of Business & Industrial Marketing, 33(6), 837-845.
Tou, Y., Moriya, K., Watanabe, C., Ilmola, L. & Neittaanmäki, P. (2018). Soft innovation resources: Enabler for reversal in GDP growth in the digital economy. International Journal of Managing Information Technology, 10(3), 21-39.
Tou, Y., Watanabe, C., Ilmola, L., Moriya, K.,& Neittaanmäki, P. (2018). Hybrid role of soft innovation resources: Finland’s notable resurgence in the digital economy. International Journal of Managing Information Technology, 10(4), 1-21.
Tou, Y., Watanabe, C., Moriya, K.,& Neittaanmäki, P. (2018). Neo open innovation in the digital economy: Harnessing soft innovation resources. International Journal of Managing Information Technology, 10(4), 53-75.
Töytäri, P., Turunen, T., Klein, M., Eloranta, V., Biehl, S., and Rajala, R. (2018). Aligning the Mindset and Capabilities within a Business Network for Successful Adoption of Smart Services. Journal of Product Innovation Management, 35(5), 763-779.
Vilkkumaa, E., Liesiö, J., Salo, A. & Ilmola-Sheppard, L. (2018): Scenario-based portfolio model for building robust and proactive strategies. European Journal of Operational Research, 266(1), 205-220. [read]
Watanabe, C., Moriya, K., Tou, Y., & Neittaanmäki, P. (2018). Structural sources of a productivity decline in the digital economy. International Journal of Managing Information Technology, 10(1), 1-20.
Watanabe, C., Moriya, K., Tou, Y., & Neittaanmäki, P. (2018). Consequences of the digital economy: Transformation of the growth concept. International Journal of Managing Information Technology, 10(2), 21-39.
Watanabe, C., Naveed, N. & Neittaanmaki, P. (2018). Digital solutions transform the forest-based bioeconomy into a digital platform industry: A suggestion for a disruptive business modelin the digital economy, Technology in Society, 54, 168-188.
Watanabe, C., Tou, Y. & Neittaanmaki, P. (2018). A new paradox of the digital economy: Structural sources of the limitation of GDP statistics, Technology in Society, 55, 9-33.
Watanabe, C., Naveed, K., Tou, Y., & Neittaanmäki, P. (2018). Measuring GDP in the digital economy: Increasing dependence on uncaptured GDP. Technological Forecasting and Social Change, 137, 226-240.
Watanabe, C., Naveed, N. & Neittaanmaki, P. (2018). Digitalized bioeconomy: Planned obsolescence-driven circular economy enabled by co-evolutionary coupling. Technology in Society, 56, 8-30.
Conference papers
Ardolino, M., Saccani, N., & Eloranta, V. (2018). Complexity Management in Service Businesses through Platform Adoption. IFAC-PapersOnLine, 51(11), 1329-1334.
Ardolino, M., Eloranta, V., Saccani, N., Turunen, T. (2018). The role of platform for archieving complexity reduction and absorption in servitization. Spring Servitization Conference, Aston, UK.
Eloranta, V., Hakanen, E., Töytäri, P. and Turunen, T. (2018). Business models of decentralized ecosystems: Conceptual analysis of blockchain-based data markets. Academy of Management Specialized Conference: From Start-up to Scaleup, December 17-19, Tel Aviv, Israel.
Special issues
Eloranta, V. and Turunen, T. (2018). Special Issue on Internet-of-Things -driven B2B Service Networks. Journal of Business and Industrial Marketing, 33(6) .
2017
Journal Publications
Autio, E. (2017). Strategic entrepreneurial internationalization: A normative framework. Strategic Entrepreneurship Journal, 11(3), 211-227.
Kettunen, J. & Salo, A. (2017). Estimation of Downside Risks in Project Portfolio Selection, Production and Operations Management.
Lopez-Cuevas, A., Sanchez-Ante, G., Ramirez-Marquez, J.E. & Barker, K (2017). A Community Perspective on Resilience Analytics: A Visual Analysis of Community Mood. Risk Analysis, DOI: 10.1111/risa.12788.
Nakagawa, M. and Watanabe, C. (2017). Roles of exogenous technologies in vehicle innovation: Cases from a Japan’s automotive parts manufacturing firm. Journal of Technology Management for Growing Economies, 8(1), 93-112.
Naveed, K., Watanabe, C. & Neittaanmaki, P. (2017). Co-evolution between Streaming and Live Music Leads a Way to the Sustainable Growth of Music Industry: Lessons from the US Experiences. Technology in Society, 50, 1-19.
Watanabe, C., Naveed, K., & Neittaanmaki, P. (2017). Co-evolution between Trust in Teachers and Higher Education toward Digitally-rich Learning Environments. Technology in Society, 48, 70-96.
Watanabe, C., Naveed, K. and Neittaanmaki, P. (2017). Harnessing women’s potential as a soft engine for growth: Lessons from contrasting trajectories between Finland and Japan for growing economies. Journal of Technology Management for Growing Economies, 8(1), 7-32
Watanabe, C., Naveed, K., & Neittaanmäki, P. (2017). ICT-driven disruptive innovation nurtures un-captured GDP–Harnessing women’s potential as untapped resources. Technology in Society, 51, 81-101.
Watanabe, C., Naveed, K., & Neittaanmaki, P. and Fox, B. (2017). Consolidated Challenge to Social Demand for Resilient Platforms: Lessons from Uber’s Global Expansion. Technology in Society, 48, 33-53.
Watanabe, C., Naveed, N. and Neittaanmaki, P. (2017). Transformation of the forest-based bioeconomy by embracing digital solutions. Journal of Technology Management for Growing Economies, 8(2), 191-214.
Conference Papers
Dufva, M., Koivisto, R., Ilmola-Sheppard, L., Seija, J. (2017). Anticipating alternative futures for platform economy. The XXVIII ISPIM Innovation Conference, Austria, Vienna on 18-21 June 2017
Hakanen, E., Eloranta, V., Töytäri, P., Rajala, R., & Turunen, T. (2017). Material intelligence: Cross-organizational collaboration driven by detailed material data. Proceedings of the 50th Hawaii International Conference on System Sciences (HICSS). Runner-Up for the ISSIP-IBM Smart Service System Best Paper Award.
Jaarinen, M. & Turunen, T. (2017). Design principles for organizational ambidexterity. Accepted for the European Group for Organization Studies (EGOS) 2017, Copenhagen, Denmark.
Turunen, T., Jaarinen, M. & Hakanen E. (2017). Toward Organizations as Creative and Living Structures: Ambidexterity through Design. Accepted for the Academy of Management Meeting, Atlanta, US.
Töytäri, P., Turunen, T., Klein, M., Eloranta, V., Biehl, S., & Rajala, R. (2017). Overcoming Institutional and Capability Barriers to Smart Services. Proceedings of the 50th Hawaii International Conference on System Sciences (HICSS).
Töytäri, P., Turunen, T., Klein, M., Eloranta, V., Biehl, S., & Rajala, R. (2017). Exploring
interplay of mindset and abilities at multiple organizational interfaces. Accepted for the Academy of Management Meeting, Atlanta, US.
Book Chapters
Autio, E. & Levie, J. (2017). Management of Entrepreneurial Ecosystems. In: The Wiley Handbook of Entrepreneurship, G. Ahmetoglu, T. Chamorro-Premuzic, B. Klinger and T. Karcisky (eds.). Chichester: John Wiley & Sons.
2016
Journal Publications
Dufva, T. and Dufva, M. (2016). Metaphors of code—Structuring and broadening the discussion on teaching children to code, Thinking Skills and Creativity, 22, 97-110.
Eloranta, V. & Turunen, T. (2016). Platforms in service-driven manufacturing: Leveraging complexity by connecting, sharing, and integrating. Industrial Marketing Management, 55. 178–186.
Eloranta, V., Orkoneva, L., Hakanen, E., & Turunen, T. (2016). Using platforms to pursue strategic opportunities in service-driven manufacturing. Service Science, 8(3), 344-357.
Ilmola, L., & Rovenskaya, E. (2016). Three experiments: The exploration of unknown unknowns in foresight. Technological Forecasting and Social Change, 106, 85-100.
Lipizzi, C., Gama Dessavre, D., Iandoli, L., & Ramirez Marquez, J.E. (2016). Social Media Conversation Monitoring: Visualize Information Contents of Twitter messages using conversational metrics, Procedia Computer Science, Vol. 80, pp. 2216-2220
Lipizzi, C., Gama Dessavre, D., Iandoli, L., & Ramirez-Marquez, J.E. (2016). Towards computational Discourse Analysis: a methodology for mining Twitter backchanneling conversations, Computers in Human Behavior, Vol. 64, pp. 782-792
Lipizzi, C. Iandoli, L., & Ramirez-Marquez, J.E. (2016). Combining structure, content and meaning in online social networks: the analysis of public’s early reaction in Social Media to newly launched movies. Technological Forecasting & Social Change, Vol. 109, pp. 35–49.
Watanabe, C., Naveed, K., Neittaanmäki, P., & Tou, Y. (2016). Operationalization of un-captured GDP-Innovation stream under new global mega-trends. Technology in Society, 45, 58-77.
Watanabe, C., Naveed, K., & Neittaanmäki, P. (2016). Co-evolution of three mega-trends nurtures un-captured GDP – Uber’s ride-sharing revolution. Technology in Society, 46, 164-185.
Conference Papers
Dufva, M., Auvinen, H., & Koivisto, R., 2016. Making sense of platform economy: perceptions and metaphors. The XXVII ISPIM Innovation Conference, Porto, Portugal on 19-22 June 2016.
Eloranta, V., Turunen, T., Melgin, T., Hakanen, E., Töytäri, P., & Rajala, R. (2016), “Strategic Perspectives of Industrie 4.0 and Industrial Internet”, in: Grubbström, R. W. and Hinterhuber, H. H. (Eds), Proceedings of 19th International Working Seminar on Production Economics, Innsbruck, Austria, pp. 137-148.
Töytäri, P., Eloranta, V., Klein, M., Biehl, S., & Rajala, R. (2016), “Overcoming barriers to smart services”, in: Proceedings of SERVSIG Conference 2016, Maastricht, The Netherlands, pp. 479-484.
Töytäri, P., Hakanen, E., Eloranta, V., Turunen, T., Rajala, R., & Melgin, T. (2016), “Increasing information intensity in industrial service operations”, in: Grubbström, R. W. and Hinterhuber, H. H. (Eds), Proceedings of 19th International Working Seminar on Production Economics, Innsbruck, Austria, pp. 391-402.
Dissertations
Eloranta, V. (2016). Servitization, strategy and platforms. Aalto University, School of Science. Department of Industrial Engineering and Management. Doctoral Dissertation Series 74/2016. Helsinki.
Book Chapters
Autio, E. & Thomas, L. (2016). Tilting the Playing Field: Towards an Endogenous Strategic Action Theory of Ecosystem Creation. In: Nambisan, S. (ed). 2016. Open Innovation, Innovation Ecosystems, and Entrepreneurship: Multidisciplinary Perspectives. World Scientific Publishing, New Jersey.
2015
Journal Publications
Leminen, S., Turunen, T., & Westerlund, M. (2015). The Grey Areas Between Open and Closed in Innovation Networks. Technology Innovation Management Review, 5(12).
Vilkkumaa, E., Salo, A., Liesiö J., & Siddiqui, A. (2015). Fostering Breakthrough Technologies – How Do Optimal Funding Decisions Depend on Evaluation Accuracy? Technological Forecasting and Social Change, 96, pp. 173-190
Watanabe, C., Naveed, K., & Zhao, W. (2015). New paradigm of ICT productivity–Increasing role of un-captured GDP and growing anger of consumers. Technology in Society, 41, 21-44.
Watanabe, C., Naveed, K., & Neittaanmäki, P. (2015). Dependency on un-captured GDP as a source of resilience beyond economic value in countries with advanced ICT infrastructure: Similarities and disparities between Finland and Singapore. Technology in Society, 42, 104-122.
Hyvonen, H., Helminen, M. & Watanabe, C. (2015). Significance of supplier criteria evolution in IT outsourcing to emerging economies: Lessons from a global IT outsourcing project. Journal of Technology Management for Growing Economies, 6(2), 7-25.
Conference Papers
Turunen, T., Eloranta, V., & Hakanen, E. (2015), “Leveraging big data in industrial service business – from protection to sharing and recombining””, in: Zhao, X., Zhang, J. and Han, H. (Eds), Proceedings of QUIS 14 – Accelerate the Impact of Service Research, Shanghai, China, pp. 946-955. (Honorable mention award winner)
Dissertations
Dufva, M. (2015). Knowledge Creation in Foresight – a practice- and systems-oriented view. VTT Science. Doctoral Dissertation Series 222/2015. Helsinki.