Innovating with care and avoiding crises
A research study on corporate law and organisation outlines a different approach to innovation
Innovation – a key concept for enterprises aiming to grow. A set course, then, that is also rife with difficulties, issues that in many cases have led enterprises to the verge of failure. It is a matter of carefully made choices and a corporate culture that must deal with increasingly complex contexts both internal and external to an organisation. There are rules to follow, both in legal and organisational terms. This is why reading “Crisi d’impresa e innovazione tecnologica” (“Corporate crises and technological innovation”) is worth the effort, a contribution by Serenella Sabina Luchena recently published on the University of Bari’s law and economy journal.
The study especially attempts to correlate the different degrees of technological innovations with corporate theory and practices. Luchena’s reasoning unravels from an underlying observation. “The relationship existing between technological innovation and corporate activities,” she explains, “is acquiring increasing relevance today. In this respect, it is possible to identify two different interaction profiles: one entailing technological innovation as part of production operations, where it becomes the goal of corporate activities; the other where it integrates within the corporate organisational structure, affecting governance decisional processes”. The author attempts to identify the degree of relationship standing between innovation and the chance of a corporate crisis, as well as the nature of mechanisms that could prevent the latter.
The outcome is that corporate organisations must be prepared for “the arrival” of technological innovation, and they need to carefully reassess their own structure and budgeting strategies, also in accordance with the principles of corporate crises. An organisational and cultural feat that Serenella Sabina Luchena’s contribution helps us understand in all its minutiae.
Crisi d’impresa e innovazione tecnologica (“Corporate crises and technological innovation”)
Serenella Sabina Luchena
I battelli del Reno. Rivista on-Line di diritto ed economia dell’impresa, University of Bari, 2023
A research study on corporate law and organisation outlines a different approach to innovation
Innovation – a key concept for enterprises aiming to grow. A set course, then, that is also rife with difficulties, issues that in many cases have led enterprises to the verge of failure. It is a matter of carefully made choices and a corporate culture that must deal with increasingly complex contexts both internal and external to an organisation. There are rules to follow, both in legal and organisational terms. This is why reading “Crisi d’impresa e innovazione tecnologica” (“Corporate crises and technological innovation”) is worth the effort, a contribution by Serenella Sabina Luchena recently published on the University of Bari’s law and economy journal.
The study especially attempts to correlate the different degrees of technological innovations with corporate theory and practices. Luchena’s reasoning unravels from an underlying observation. “The relationship existing between technological innovation and corporate activities,” she explains, “is acquiring increasing relevance today. In this respect, it is possible to identify two different interaction profiles: one entailing technological innovation as part of production operations, where it becomes the goal of corporate activities; the other where it integrates within the corporate organisational structure, affecting governance decisional processes”. The author attempts to identify the degree of relationship standing between innovation and the chance of a corporate crisis, as well as the nature of mechanisms that could prevent the latter.
The outcome is that corporate organisations must be prepared for “the arrival” of technological innovation, and they need to carefully reassess their own structure and budgeting strategies, also in accordance with the principles of corporate crises. An organisational and cultural feat that Serenella Sabina Luchena’s contribution helps us understand in all its minutiae.
Crisi d’impresa e innovazione tecnologica (“Corporate crises and technological innovation”)
Serenella Sabina Luchena
I battelli del Reno. Rivista on-Line di diritto ed economia dell’impresa, University of Bari, 2023