IDEAS home Printed from https://ideas.repec.org/a/spr/annopr/v333y2024i2d10.1007_s10479-024-05875-z.html
   My bibliography  Save this article

Tackling the global challenges using data-driven innovations

Author

Listed:
  • Shahriar Akter

    (University of Wollongong)

  • Saida Sultana

    (University of Wollongong)

  • Angappa Gunasekaran

    (Penn State Harrisburg)

  • Ruwan J. Bandara

    (University of Wollongong in Dubai)

  • Shah J Miah

    (Newcastle Business School, The University of Newcastle)

Abstract

The data revolution transforms operations, innovation, and society through artificial intelligence and advanced analytics. Data-driven innovations (DDI) have the most potential to tackle global challenges, including poverty, healthcare, climate actions, disaster management, gender inequality, peace and justice and others. This paper identifies the sources of DDI capabilities to address various global challenges. The findings show three major foundations of DDI capabilities: market orientation, infrastructure orientation, and talent orientation. Theoretically, these findings highlight the role of dynamic DDI capabilities to sense, seize and transform global challenges. Practically, we present guidelines for developing DDI in an agile and efficient manner that is fair and inclusive.

Suggested Citation

  • Shahriar Akter & Saida Sultana & Angappa Gunasekaran & Ruwan J. Bandara & Shah J Miah, 2024. "Tackling the global challenges using data-driven innovations," Annals of Operations Research, Springer, vol. 333(2), pages 517-532, February.
    • Handle: RePEc:spr:annopr:v:333:y:2024:i:2:d:10.1007_s10479-024-05875-z
    DOI: 10.1007/s10479-024-05875-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10479-024-05875-z
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10479-024-05875-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Nawab Khan & Ram L. Ray & Ghulam Raza Sargani & Muhammad Ihtisham & Muhammad Khayyam & Sohaib Ismail, 2021. "Current Progress and Future Prospects of Agriculture Technology: Gateway to Sustainable Agriculture," Sustainability, MDPI, vol. 13(9), pages 1-31, April.
    2. Beske, Philip & Land, Anna & Seuring, Stefan, 2014. "Sustainable supply chain management practices and dynamic capabilities in the food industry: A critical analysis of the literature," International Journal of Production Economics, Elsevier, vol. 152(C), pages 131-143.
    3. Hair, Joe F. & Howard, Matt C. & Nitzl, Christian, 2020. "Assessing measurement model quality in PLS-SEM using confirmatory composite analysis," Journal of Business Research, Elsevier, vol. 109(C), pages 101-110.
    4. Bell, David & Lycett, Mark & Marshan, Alaa & Monaghan, Asmat, 2021. "Exploring future challenges for big data in the humanitarian domain," Journal of Business Research, Elsevier, vol. 131(C), pages 453-468.
    5. Jean D. Kabongo & Olivier Boiral, 2017. "Doing More with Less: Building Dynamic Capabilities for Eco‐Efficiency," Business Strategy and the Environment, Wiley Blackwell, vol. 26(7), pages 956-971, November.
    6. Hannah Smidt, 2021. "Keeping electoral peace? Activities of United Nations peacekeeping operations and their effects on election-related violence," Conflict Management and Peace Science, Peace Science Society (International), vol. 38(5), pages 580-604, September.
    7. Jose A. Puppim De Oliveira & Yijia Jing & Paul Collins & Shuhua Monica Liu & Qianli Yuan, 2015. "The Evolution of Information and Communication Technology in Public Administration," Public Administration & Development, Blackwell Publishing, vol. 35(2), pages 140-151, May.
    8. Saumyaranjan Sahoo, 2022. "Big data analytics in manufacturing: a bibliometric analysis of research in the field of business management," International Journal of Production Research, Taylor & Francis Journals, vol. 60(22), pages 6793-6821, November.
    9. Fosso Wamba, Samuel & Akter, Shahriar & Edwards, Andrew & Chopin, Geoffrey & Gnanzou, Denis, 2015. "How ‘big data’ can make big impact: Findings from a systematic review and a longitudinal case study," International Journal of Production Economics, Elsevier, vol. 165(C), pages 234-246.
    10. Ghasemaghaei, Maryam & Calic, Goran, 2019. "Does big data enhance firm innovation competency? The mediating role of data-driven insights," Journal of Business Research, Elsevier, vol. 104(C), pages 69-84.
    11. Raffaele Cioffi & Marta Travaglioni & Giuseppina Piscitelli & Antonella Petrillo & Fabio De Felice, 2020. "Artificial Intelligence and Machine Learning Applications in Smart Production: Progress, Trends, and Directions," Sustainability, MDPI, vol. 12(2), pages 1-26, January.
    12. P. K. Senyo & Stan Karanasios & Daniel Gozman & Melissa Baba, 2022. "FinTech ecosystem practices shaping financial inclusion: the case of mobile money in Ghana," European Journal of Information Systems, Taylor & Francis Journals, vol. 31(1), pages 112-127, January.
    13. Bresciani, Stefano & Ciampi, Francesco & Meli, Francesco & Ferraris, Alberto, 2021. "Using big data for co-innovation processes: Mapping the field of data-driven innovation, proposing theoretical developments and providing a research agenda," International Journal of Information Management, Elsevier, vol. 60(C).
    14. Tarique, Ibraiz & Schuler, Randall S., 2010. "Global talent management: Literature review, integrative framework, and suggestions for further research," Journal of World Business, Elsevier, vol. 45(2), pages 122-133, April.
    15. Richard Arend, 2013. "Ethics-focused dynamic capabilities: a small business perspective," Small Business Economics, Springer, vol. 41(1), pages 1-24, June.
    16. George Kassinis & Alexia Panayiotou & Andreas Dimou & Georgia Katsifaraki, 2016. "Gender and Environmental Sustainability: A Longitudinal Analysis," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 23(6), pages 399-412, November.
    17. Seyedesmaeil Mousavi & Bart Bossink & Mario van Vliet, 2019. "Microfoundations of companies' dynamic capabilities for environmentally sustainable innovation: Case study insights from high‐tech innovation in science‐based companies," Business Strategy and the Environment, Wiley Blackwell, vol. 28(2), pages 366-387, February.
    18. Lajoie-O'Malley, Alana & Bronson, Kelly & van der Burg, Simone & Klerkx, Laurens, 2020. "The future(s) of digital agriculture and sustainable food systems: An analysis of high-level policy documents," Ecosystem Services, Elsevier, vol. 45(C).
    19. Johan Rauer & Lutz Kaufmann, 2015. "Mitigating External Barriers to Implementing Green Supply Chain Management: A Grounded Theory Investigation of Green-Tech Companies' Rare Earth Metals Supply Chains," Journal of Supply Chain Management, Institute for Supply Management, vol. 51(2), pages 65-88, April.
    20. Larissa Marchiori Pacheco & Marlon Fernandes Rodrigues Alves & Lara Bartocci Liboni, 2018. "Green absorptive capacity: A mediation‐moderation model of knowledge for innovation," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1502-1513, December.
    21. Zhonghua Zhao & Fanchen Meng & Yin He & Zhouyang Gu, 2019. "The Influence of Corporate Social Responsibility on Competitive Advantage with Multiple Mediations from Social Capital and Dynamic Capabilities," Sustainability, MDPI, vol. 11(1), pages 1-16, January.
    22. Sarstedt, Marko & Hair, Joseph F. & Cheah, Jun-Hwa & Becker, Jan-Michael & Ringle, Christian M., 2019. "How to specify, estimate, and validate higher-order constructs in PLS-SEM," Australasian marketing journal, Elsevier, vol. 27(3), pages 197-211.
    23. Maria Cristina Pietronudo & Fuli Zhou & Andrea Caporuscio & Giuseppe La Ragione & Marcello Risitano, 2022. "New emerging capabilities for managing data-driven innovation in healthcare: the role of digital platforms," European Journal of Innovation Management, Emerald Group Publishing Limited, vol. 25(6), pages 867-891, August.
    24. John Hulland & Hans Baumgartner & Keith Marion Smith, 2018. "Marketing survey research best practices: evidence and recommendations from a review of JAMS articles," Journal of the Academy of Marketing Science, Springer, vol. 46(1), pages 92-108, January.
    25. Israel Edem Agbehadji & Bankole Osita Awuzie & Alfred Beati Ngowi & Richard C. Millham, 2020. "Review of Big Data Analytics, Artificial Intelligence and Nature-Inspired Computing Models towards Accurate Detection of COVID-19 Pandemic Cases and Contact Tracing," IJERPH, MDPI, vol. 17(15), pages 1-16, July.
    26. David J. Teece, 2007. "Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance," Strategic Management Journal, Wiley Blackwell, vol. 28(13), pages 1319-1350, December.
    27. Wang, Guangping & Dou, Wenyu & Zhu, Weichun & Zhou, Nan, 2015. "The effects of firm capabilities on external collaboration and performance: The moderating role of market turbulence," Journal of Business Research, Elsevier, vol. 68(9), pages 1928-1936.
    28. Cervelló-Royo, R. & Moya-Clemente, I. & Perelló-Marín, M.R. & Ribes-Giner, G., 2020. "Sustainable development, economic and financial factors, that influence the opportunity-driven entrepreneurship. An fsQCA approach," Journal of Business Research, Elsevier, vol. 115(C), pages 393-402.
    29. Ali Kharrazi & Hua Qin & Yi Zhang, 2016. "Urban Big Data and Sustainable Development Goals: Challenges and Opportunities," Sustainability, MDPI, vol. 8(12), pages 1-6, December.
    30. Giacomo Buzzao & Francesco Rizzi, 2021. "On the conceptualization and measurement of dynamic capabilities for sustainability: Building theory through a systematic literature review," Business Strategy and the Environment, Wiley Blackwell, vol. 30(1), pages 135-175, January.
    31. Evans Brako Ntiamoah & Dongmei Li & Bismark Ameyaw & Daniel Bruce Sarpong & Martinson Twumasi Ankrah & Edmond Yeboah Nyamah, 2022. "A data‐driven approach to mitigating food insecurity and achieving zero hunger: A case study of West African countries," Natural Resources Forum, Blackwell Publishing, vol. 46(2), pages 157-178, May.
    32. Arim Park & Huan Li, 2021. "The Effect of Blockchain Technology on Supply Chain Sustainability Performances," Sustainability, MDPI, vol. 13(4), pages 1-18, February.
    33. Ivan Montiel & Alvaro Cuervo-Cazurra & Junghoon Park & Raquel Antolín-López & Bryan W. Husted, 2021. "Implementing the United Nations’ Sustainable Development Goals in international business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(5), pages 999-1030, July.
    34. Kühne, Babett & Zolnowski, Andreas & Bornholt, Jennifer & Böhmann, Tilo, 2019. "Making Data Tangible for Data-driven Innovations in a Business Model Context," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 113195, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    35. Edurne A. Inigo & Laura Albareda & Paavo Ritala, 2017. "Business model innovation for sustainability: exploring evolutionary and radical approaches through dynamic capabilities," Industry and Innovation, Taylor & Francis Journals, vol. 24(5), pages 515-542, July.
    36. Lu Qiu & Xiaowen Jie & Yanan Wang & Minjuan Zhao, 2020. "Green product innovation, green dynamic capability, and competitive advantage: Evidence from Chinese manufacturing enterprises," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(1), pages 146-165, January.
    37. Konstantinos D. Mitosis & Demetris Lamnisos & Michael A. Talias, 2021. "Talent Management in Healthcare: A Systematic Qualitative Review," Sustainability, MDPI, vol. 13(8), pages 1-20, April.
    38. Atuahene-Gima, Kwaku, 1996. "Market orientation and innovation," Journal of Business Research, Elsevier, vol. 35(2), pages 93-103, February.
    39. Yu-Shan Chen & Ching-Hsun Chang, 2013. "The Determinants of Green Product Development Performance: Green Dynamic Capabilities, Green Transformational Leadership, and Green Creativity," Journal of Business Ethics, Springer, vol. 116(1), pages 107-119, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Daniela Ortiz‐Avram & Nelly Ovcharova & Alexander Engelmann, 2024. "Dynamic capabilities for sustainability: Toward a typology based on dimensions of sustainability‐oriented innovation and stakeholder integration," Business Strategy and the Environment, Wiley Blackwell, vol. 33(4), pages 2969-3004, May.
    2. Giacomo Buzzao & Francesco Rizzi, 2021. "On the conceptualization and measurement of dynamic capabilities for sustainability: Building theory through a systematic literature review," Business Strategy and the Environment, Wiley Blackwell, vol. 30(1), pages 135-175, January.
    3. Shahriar Akter & Saradhi Motamarri & Shahriar Sajib & Ruwan J. Bandara & Shlomo Tarba & Demetris Vrontis, 2024. "Theorising the Microfoundations of analytics empowerment capability for humanitarian service systems," Annals of Operations Research, Springer, vol. 335(3), pages 989-1013, April.
    4. Yuan, Baolong & Cao, Xueyun, 2022. "Do corporate social responsibility practices contribute to green innovation? The mediating role of green dynamic capability," Technology in Society, Elsevier, vol. 68(C).
    5. Tiberius, Victor & Stiller, Laura & Dabić, Marina, 2021. "Sustainability beyond economic prosperity: Social microfoundations of dynamic capabilities in family businesses," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    6. Lara Bartocci Liboni & Luciana Oranges Cezarino & Marlon Fernandes Rodrigues Alves & Charbel José Chiappetta Jabbour & V. G. Venkatesh, 2023. "Translating the environmental orientation of firms into sustainable outcomes: the role of sustainable dynamic capability," Review of Managerial Science, Springer, vol. 17(4), pages 1125-1146, May.
    7. Trujillo-Gallego, Mariana & Sarache, William & Sousa Jabbour, Ana Beatriz Lopes de, 2022. "Digital technologies and green human resource management: Capabilities for GSCM adoption and enhanced performance," International Journal of Production Economics, Elsevier, vol. 249(C).
    8. Tomas Santa‐Maria & Walter J. V. Vermeulen & Rupert J. Baumgartner, 2022. "How do incumbent firms innovate their business models for the circular economy? Identifying micro‐foundations of dynamic capabilities," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1308-1333, May.
    9. Cecilia Correggi & Paolo Di Toma & Stefano Ghinoi, 2024. "Rethinking dynamic capabilities in light of sustainability: A bibliometric analysis," Business Strategy and the Environment, Wiley Blackwell, vol. 33(8), pages 7990-8016, December.
    10. Patrick Elf & Andrea Werner & Sandy Black, 2022. "Advancing the circular economy through dynamic capabilities and extended customer engagement: Insights from small sustainable fashion enterprises in the UK," Business Strategy and the Environment, Wiley Blackwell, vol. 31(6), pages 2682-2699, September.
    11. Sultana, Saida & Akter, Shahriar & Kyriazis, Elias, 2022. "How data-driven innovation capability is shaping the future of market agility and competitive performance?," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    12. Desirée Knoppen & Louise Knight, 2022. "Pursuing sustainability advantage: The dynamic capabilities of born sustainable firms," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1789-1813, May.
    13. Vinicius Minatogawa & Matheus Franco & Izabela Simon Rampasso & Maria Holgado & Diego Garrido & Hernan Pinto & Ruy Quadros, 2022. "Towards Systematic Sustainable Business Model Innovation: What Can We Learn from Business Model Innovation," Sustainability, MDPI, vol. 14(5), pages 1-35, March.
    14. Stav Fainshmidt & Amir Pezeshkan & M. Lance Frazier & Anil Nair & Edward Markowski, 2016. "Dynamic Capabilities and Organizational Performance: A Meta-Analytic Evaluation and Extension," Journal of Management Studies, Wiley Blackwell, vol. 53(8), pages 1348-1380, December.
    15. Shore, Adam & Tiwari, Manisha & Tandon, Priyanka & Foropon, Cyril, 2024. "Building entrepreneurial resilience during crisis using generative AI: An empirical study on SMEs," Technovation, Elsevier, vol. 135(C).
    16. Ying Guo, 2023. "External Knowledge Acquisition and Green Innovation in Chinese Firms: Unveiling the Impact of Green Dynamic Capabilities," SAGE Open, , vol. 13(3), pages 21582440231, July.
    17. Luca Marrucci & Tiberio Daddi & Fabio Iraldo, 2022. "Do dynamic capabilities matter? A study on environmental performance and the circular economy in European certified organisations," Business Strategy and the Environment, Wiley Blackwell, vol. 31(6), pages 2641-2657, September.
    18. Pelin Demirel & Effie Kesidou, 2019. "Sustainability‐oriented capabilities for eco‐innovation: Meeting the regulatory, technology, and market demands," Business Strategy and the Environment, Wiley Blackwell, vol. 28(5), pages 847-857, July.
    19. Ying Ye & Kwok Hung Lau, 2022. "Competitive Green Supply Chain Transformation with Dynamic Capabilities—An Exploratory Case Study of Chinese Electronics Industry," Sustainability, MDPI, vol. 14(14), pages 1-23, July.
    20. Arnaldo Coelho & Jorge Ferreira & Catarina Proença, 2024. "The impact of green entrepreneurial orientation on sustainability performance through the effects of green product and process innovation: The moderating role of ambidexterity," Business Strategy and the Environment, Wiley Blackwell, vol. 33(4), pages 3184-3202, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:annopr:v:333:y:2024:i:2:d:10.1007_s10479-024-05875-z. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.