Journal of Business Chemistry February 2019
Describing today’s world by VUCA (volatility, uncertainty, complexity, and ambiguity) seems to be more appropriate than ever. Leaving aside the question whether or not the acronym could always be used to characterize the prevalent situation because in retrospect the past was easier to manage than the future. Over the last years, we have witnessed VUCA […]
1 Introduction Next time you switch on your TV or computer display spare a thought for the company who probably produced the liquid crystal display. With over 60% of the global market, the German company Merck is probably not one which would instantly come to mind. Nevertheless, they dominate this and a wide spread of […]
Abstract More and more industrial activities are performed outside of Europe. INSPIRE is a project, that is driven by the European process industry in order to facilitate the relocalization of process industry value chain activities to Europe. Within the project four business model archetypes (BMA) that facilitate this relocalization were identified: decentralization and modularization, mass […]
Abstract Assessing the sustainability of the innovation portfolio is a particular challenge for industries. The two main issues are the lack of data at the early stage of project development and the high number of ideas and projects that are developed. This paper provides an overview of the I2P3® process (Idea to People, Planet and […]
Abstract This article explores the role of artificial intelligence (AI) in the process industries such as the chemical and pharmaceutical industry. We start by classifying the most prominent technologies comprised under the generic term of AI, define them, and delineate their applicability in various functions along the organizational value chain. Further, we illustrate the boundary […]
Abstract Recent literature on organizational features and activities along the phases of convergent value chains is gathered in a classification framework. It is emphasized that within convergent value chains organizations lack certain competences and hence need to collaborate in order to close their competence gaps. These collaborations are also discussed in regard to the intensity […]