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Institutional systems inducing R&D in Amazon- the role of an investor surplus toward stakeholder capitalization

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  • Watanabe, Chihiro
  • Tou, Yuji
  • Neittaanmäki, Pekka

Abstract

Amazon demonstrated a conspicuous increase in R&D and became the world's top R&D firm in 2017 with a skyrocketing increase in market capitalization, making it close to being the world's biggest company.

Suggested Citation

  • Watanabe, Chihiro & Tou, Yuji & Neittaanmäki, Pekka, 2020. "Institutional systems inducing R&D in Amazon- the role of an investor surplus toward stakeholder capitalization," Technology in Society, Elsevier, vol. 63(C).
    • Handle: RePEc:eee:teinso:v:63:y:2020:i:c:s0160791x20300828
    DOI: 10.1016/j.techsoc.2020.101290
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    References listed on IDEAS

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    1. Bronwyn H. Hall & Jacques Mairesse & Benoit Mulkay, 1998. "Does cash flow cause investment and R&D: an exploration using panel data for French, Japanes and United States scientific firms," IFS Working Papers W98/11, Institute for Fiscal Studies.
    2. Tou, Yuji & Watanabe, Chihiro & Neittaanmäki, Pekka, 2020. "Fusion of technology management and financing management - Amazon's transformative endeavor by orchestrating techno-financing systems," Technology in Society, Elsevier, vol. 60(C).
    3. Jeremy Greenwood & Karen A. Kopecky, 2013. "Measuring The Welfare Gain From Personal Computers," Economic Inquiry, Western Economic Association International, vol. 51(1), pages 336-347, January.
    4. Roger Fouquet, 2018. "Consumer Surplus from Energy Transitions," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    5. Tou, Yuji & Watanabe, Chihiro & Moriya, Kuniko & Neittaanmäki, Pekka, 2019. "Harnessing soft innovation resources leads to neo open innovation," Technology in Society, Elsevier, vol. 58(C).
    6. Naveed, Nasir & Watanabe, Chihiro & Neittaanmäki, Pekka, 2020. "Co-evolutionary coupling leads a way to a novel concept of R&D - Lessons from digitalized bioeconomy," Technology in Society, Elsevier, vol. 60(C).
    7. Watanabe, Chihiro & Naveed, Kashif & Neittaanmäki, Pekka, 2016. "Co-evolution of three mega-trends nurtures un-captured GDP – Uber’s ride-sharing revolution," Technology in Society, Elsevier, vol. 46(C), pages 164-185.
    8. Watanabe, Chihiro & Naveed, Kashif & Zhao, Weilin, 2015. "New paradigm of ICT productivity – Increasing role of un-captured GDP and growing anger of consumers," Technology in Society, Elsevier, vol. 41(C), pages 21-44.
    9. Watanabe, Chihiro & Naveed, Kashif & Neittaanmäki, Pekka, 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, Elsevier, vol. 42(C), pages 104-122.
    10. Watanabe, Chihiro & Naveed, Kashif & Tou, Yuji & Neittaanmäki, Pekka, 2018. "Measuring GDP in the digital economy: Increasing dependence on uncaptured GDP," Technological Forecasting and Social Change, Elsevier, vol. 137(C), pages 226-240.
    11. Watanabe, Chihiro & Naveed, Kashif & Neittaanmäki, Pekka & Tou, Yuji, 2016. "Operationalization of un-captured GDP - Innovation stream under new global mega-trends," Technology in Society, Elsevier, vol. 45(C), pages 58-77.
    12. Bronwyn Hall & Jacques Mairesse, 1998. "Does Cash Flow cause Investment and R and D: An Exploration Using Panel Data for French, Japanese, and United States Scientific Firms," Economics Series Working Papers 1998-W08, University of Oxford, Department of Economics.
    13. Tou, Yuji & Watanabe, Chihiro & Moriya, Kuniko & Naveed, Nasir & Vurpillat, Victor & Neittaanmäki, Pekka, 2019. "The transformation of R&D into neo open innovation- a new concept in R&D endeavor triggered by amazon," Technology in Society, Elsevier, vol. 58(C).
    14. Watanabe, Chihiro & Tou, Yuji & Neittaanmäki, Pekka, 2018. "A new paradox of the digital economy - Structural sources of the limitation of GDP statistics," Technology in Society, Elsevier, vol. 55(C), pages 9-23.
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    Citations

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    Cited by:

    1. Watanabe, Chihiro & Akhtar, Waleed & Tou, Yuji & Neittaanmäki, Pekka, 2021. "Amazon's New Supra-Omnichannel: Realizing Growing Seamless Switching for Apparel During COVID-19," Technology in Society, Elsevier, vol. 66(C).
    2. Tsai, Pei-Hsuan & Tang, Jia-Wei, 2023. "Consumers' switching intention towards E-commerce platforms’ store-to-store pickup services: The application of the extended PPM model," Journal of Retailing and Consumer Services, Elsevier, vol. 75(C).
    3. Watanabe, Chihiro & Akhtar, Waleed & Tou, Yuji & Neittaanmäki, Pekka, 2022. "A new perspective of innovation toward a non-contact society - Amazon's initiative in pioneering growing seamless switching," Technology in Society, Elsevier, vol. 69(C).
    4. Watanabe, Chihiro & Akhtar, Waleed & Tou, Yuji & Neittaanmäki, Pekka, 2021. "Amazon's initiative transforming a non-contact society - Digital disruptionleads the way to stakeholder capitalization," Technology in Society, Elsevier, vol. 65(C).
    5. Howard, Philip H. & Ajena, Francesco & Yamaoka, Marina & Clarke, Amber, 2021. "'Protein' Industry Convergence and its Implications for Resilient and Equitable Food Systems," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 5.
    6. Beck, Donizete & Ferasso, Marcos, 2023. "How can Stakeholder Capitalism contribute to achieving the Sustainable Development Goals? A Cross-network Literature Analysis," Ecological Economics, Elsevier, vol. 204(PA).

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