IDEAS home Printed from https://ideas.repec.org/a/wsi/ijitmx/v17y2020i02ns0219877020500121.html
   My bibliography  Save this article

Low-Risk Innovative Ideas with High Self-Confidence: Innovation Process Characteristics in ASEAN Countries

Author

Listed:
  • Nanami Furue

    (School of Management, Tokyo University of Science, 1-11-2, Fujimi, Chiyoda-ku, Tokyo, Japan)

  • Yuhanis Ab Aziz

    (School of Business and Economics, Universiti Putra Malaysia, Jalan Upm, 43400 Serdang, Selangor, Malaysia)

  • Koichiro Mori

    (Faculty of Economics, Shiga University, 1-1-1, Banba, Hikone-city, Shiga, Japan)

  • Ancella Anitawati Hermawan

    (Faculty of Economics and Business, Universitas Indonesia, UI Campus, Depok 16424, Indonesia)

  • Nuttapol Assarut

    (Marketing Department, Chulalongkorn Business School, Phyatai Road, Pathumwan, Bangkok 10330, Thailand)

  • Wataru Uehara

    (School of Business Administration, Hitotsubashi University, 2-1, Naka, Kunitachi-city, Tokyo, Japan)

  • Yuichi Washida

    (School of Business Administration, Hitotsubashi University, 2-1, Naka, Kunitachi-city, Tokyo, Japan)

Abstract

To understand the characteristics of ASEAN countries that are conducive to unique innovation, a series of idea generation and selection experiments were conducted in three emerging countries, Malaysia, Indonesia, and Thailand, which were compared with one developed country, Japan. The experiments consisted of one-day-workshops held in each of the four countries. Two significant differences were found between emerging and developed countries. First, participants from the ASEAN countries proposed ideas that entailed a lower investment risk than did the Japanese participants. Secondly, the ASEAN participants were more confident in their idea selection than the Japanese participants were. The results suggested new possibilities for the development of strategies encouraging collaboration between emerging and developed countries in innovation management.

Suggested Citation

  • Nanami Furue & Yuhanis Ab Aziz & Koichiro Mori & Ancella Anitawati Hermawan & Nuttapol Assarut & Wataru Uehara & Yuichi Washida, 2020. "Low-Risk Innovative Ideas with High Self-Confidence: Innovation Process Characteristics in ASEAN Countries," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 17(02), pages 1-19, April.
    • Handle: RePEc:wsi:ijitmx:v:17:y:2020:i:02:n:s0219877020500121
    DOI: 10.1142/S0219877020500121
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0219877020500121
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0219877020500121?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

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:wsi:ijitmx:v:17:y:2020:i:02:n:s0219877020500121. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ijitm/ijitm.shtml .

    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.