Journal of Business Chemistry June 2017
Does the chemical industry lose its future? The ongoing wave of consolidation is profoundly changing the landscape of the chemical industry. Companies in the industry are more and more focused on M&A activities. But what are the reasons for this development? One might assume that the interest level is one decisive contributing factor. Another reason […]
The chemical industry – much like all other industries as well – has entered the digital age. The targeted use of data in order to create growth or increase efficiencies is at the very core of digitalization. The term “data is the new oil” describes the strategic importance of access to data, skills to store […]
Abstract Managing industrial parks is a multi-billion euro business with special importance to the asset intensive chemical and pharmaceutical industry. Site managers face many challenges, one of them being attracting new investments to the site. This article describes how site managers may create and implement an effective and efficient site marketing strategy by defining the […]
In a time of increasing market pressure, managers value innovations as a precious currency. While shifting the focus away from incremental innovations at the level of molecules, companies in the chemical industry should consider a more systematic approach to the development of ideas during the innovation processes. However, solely aligning all research activities with the […]
In a survey-based study including 42 companies of the chemical B2B industry, the usage and dissemination of Open Innovation (OI) initiatives are investigated. The article focuses on strategies and the motivation to implement OI tools. By summarizing the empirical evidence of OI, the success of projects and perceived satisfaction with the chosen approach is assessed […]