Volume 2, Issue 3

Corporate Response to Climate Change Mitigation: What Can We Learn From Annual Reports of European Industries? (pp. 77-86)

Levihn Fabian, Nuur Cali, Blomgren Henrik
Climate change and how best to mitigate its impact has in recent decades prefigured in the industrial development debate. Awareness about future costs related to increased atmospheric temperatures provides an incentive for lowering greenhouse gas emissions such as CO2. At the same time, measures to mitigate climate change do not only induce corporate uncertainty and pressure, but it is also provides opportunities for new businesses domains and models. The coverage of climate change issues from mass media broke with earlier trends and increased in the middle of the last decade. How about corporate focus? Was climate change issue on the corporate agenda by then? This study presents a content analysis of more than 1100 shareholder letters from 131 of the largest European public liability companies between 2000 to 2009. The main purpose of this paper is to analyze climate change from a corporate perspective. Was climate change discussed by Chief Executive Officers (CEO) and board chairmen during this time? If so, to what extent and are there industrial differences?

Print Email

Firms’ Collaboration Within Their Business Networks in Bioenergy Technology: A Case Study (pp. 87-97)

Matti Lehtovaara, Kirsi Kokkonen, Petri Rousku, Tuomo Kässi
Global warming is becoming a serious environmental concern, and current primary energy sources are also getting exhausted. Decentralized combined heat and power production using biofuels such as forest biomass could offer a qualified sustainable solution for many regions. The objective of this paper is to analyze what kind of heating plant manufacturers exist in the bioenergy field in Finland that also have future potential for supplying power generation units, and how they collaborate within their business networks. The primary sources of information for the industry evaluation were an analysis of major industry players based on financial and non-financial data and key expert interviews. The results reveal that the plant suppliers can be divided into three different clusters: network leaders, turnkey suppliers and distributors; and that they collaborate extensively within their business networks. The plant suppliers complement their own capabilities and competences by efficient networking that prepares the way for complete plant deliveries instead of component and parts supply only.

Print Email

The Influence of Knowledge Processes on the Innovativeness of Technology and Engineering Consultancies (pp. 99-108)

Ville Ojanen, Yan Xin, Kah-Hin Chai, Ivan Tan
Technology and engineering consultancies (TEC) are knowledge-intensive entities which rely on effective project management and system integration to compete successfully. Increasingly, these firms are becoming pivotal in the economies of numerous countries. However, how these firms operate, particularly in terms of innovation management, remains largely unknown. A review of the literature suggests that efficient knowledge management is critical for the innovativeness of TEC firms. This paper seeks to examine the impact of the various stages of knowledge management, i.e. knowledge acquisition, dissemination, and utilization, on the innovativeness of TEC firms in Singapore, by drawing on results from conducted qualitative and quantitative studies including questionnaires mailed to TEC firms in Singapore. The findings suggest that knowledge acquisition and knowledge utilization have a positive impact on the innovativeness of TEC firms and also that this impact is stronger for firms operating in more volatile environments. This could mean that TEC firms are relying on having a large portfolio of existing projects that can be reused rather than innovating from first principles. However, this may not be sufficient for TEC firms to remain innovative in the long run, especially when their clients are lead users in their industry.

Print Email

Integration of Engineers in Project Management: An Example from Oil and Gas Industry (pp. 109-114)

Radišić Ognjen, Radaković Nikola
This paper explains the importance of modern engineers’ integration in project teams and project management. By introducing the example of the company which operates in the field of oil and gas exploration and exploitation we explain the role of engineers within such an industrial system. The emphasis is given on the oil and gas drilling preparation process, which represents a large and expensive project.

Print Email

New Products in the Serbian Market With Special Emphasis on Fruit Processing Industry – Fruit Juices and Functional Products (pp. 115-122)

Veljko Adžić
In the fruit processing industry, i.e., in the production of fruit juices and nectars on the territory of Serbia, the need for juices, which belong to the group of functional products, has been recognized. The goal of this paper is to show that new functional products from fruit juices group are present in the Serbian market and that they have a noticeable role in the market. The very aim of the research is identifying customers’ needs and market potentials for the new products, as well as defining additional benefits for the customer (functional products) and the guidelines for innovative, developing, productive and marketing solutions in the field of fruit processing. The available data from the latest literature as well as web pages and researches have been used for this purpose.

Print Email