Value creation and capture from sustainability-oriented innovations in a shared semiconductor infrastructure

A shared semiconductor research infrastructure can be studied as a local innovation ecosystem consisting of an infrastructure-operating company and user companies. This study focuses on investigating the forms of sustainable value that such infrastructure provides for its users, as well as value cre...

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Main Authors: Piia Konstari, Katri Valkokari
Format: Article
Language:English
Published: Elsevier 2025-05-01
Series:Sustainable Technology and Entrepreneurship
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Online Access:http://www.sciencedirect.com/science/article/pii/S2773032825000094
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author Piia Konstari
Katri Valkokari
author_facet Piia Konstari
Katri Valkokari
author_sort Piia Konstari
collection DOAJ
description A shared semiconductor research infrastructure can be studied as a local innovation ecosystem consisting of an infrastructure-operating company and user companies. This study focuses on investigating the forms of sustainable value that such infrastructure provides for its users, as well as value creation and capture from sustainability-oriented innovation activities in a shared infrastructure. The research was conducted as a qualitative multiple-case study in a Finnish semiconductor innovation ecosystem at the end of 2023. It shows that the shared infrastructure provided users with environmental, social, and economic forms of sustainable value. The study also provides evidence that value creation from sustainability-oriented innovations takes place at three levels—operational, organizational, and system—in a shared infrastructure. The value is then captured through an increase in company value, user company business growth, and business expansion through open innovation, consumption data availability, best practice dissemination, and knowledge development, as well as new entrepreneurial opportunities by the infrastructure-operating company. This study contributes to the discussion and understanding of value creation and capture from sustainability-oriented innovations in the semiconductor industry. The results can be used by entrepreneurs, decision-makers, and management to understand how they can capture value from sustainability-oriented actions.
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spelling doaj-art-1e79cf834d9342f29df89371618a70612025-08-20T03:52:19ZengElsevierSustainable Technology and Entrepreneurship2773-03282025-05-014210010410.1016/j.stae.2025.100104Value creation and capture from sustainability-oriented innovations in a shared semiconductor infrastructurePiia Konstari0Katri Valkokari1Microelectronics and quantum technology, VTT Technical Research Centre of Finland, PO Box 1000 FI-02044, VTT, Finland; Corresponding author.Foresight and data economy, VTT Technical Research Centre of Finland, PO Box 1300 FI-33101, Tampere, FinlandA shared semiconductor research infrastructure can be studied as a local innovation ecosystem consisting of an infrastructure-operating company and user companies. This study focuses on investigating the forms of sustainable value that such infrastructure provides for its users, as well as value creation and capture from sustainability-oriented innovation activities in a shared infrastructure. The research was conducted as a qualitative multiple-case study in a Finnish semiconductor innovation ecosystem at the end of 2023. It shows that the shared infrastructure provided users with environmental, social, and economic forms of sustainable value. The study also provides evidence that value creation from sustainability-oriented innovations takes place at three levels—operational, organizational, and system—in a shared infrastructure. The value is then captured through an increase in company value, user company business growth, and business expansion through open innovation, consumption data availability, best practice dissemination, and knowledge development, as well as new entrepreneurial opportunities by the infrastructure-operating company. This study contributes to the discussion and understanding of value creation and capture from sustainability-oriented innovations in the semiconductor industry. The results can be used by entrepreneurs, decision-makers, and management to understand how they can capture value from sustainability-oriented actions.http://www.sciencedirect.com/science/article/pii/S2773032825000094SustainabilitySustainability-oriented innovationValue creationValue captureShared infrastructureEntrepreneurship
spellingShingle Piia Konstari
Katri Valkokari
Value creation and capture from sustainability-oriented innovations in a shared semiconductor infrastructure
Sustainable Technology and Entrepreneurship
Sustainability
Sustainability-oriented innovation
Value creation
Value capture
Shared infrastructure
Entrepreneurship
title Value creation and capture from sustainability-oriented innovations in a shared semiconductor infrastructure
title_full Value creation and capture from sustainability-oriented innovations in a shared semiconductor infrastructure
title_fullStr Value creation and capture from sustainability-oriented innovations in a shared semiconductor infrastructure
title_full_unstemmed Value creation and capture from sustainability-oriented innovations in a shared semiconductor infrastructure
title_short Value creation and capture from sustainability-oriented innovations in a shared semiconductor infrastructure
title_sort value creation and capture from sustainability oriented innovations in a shared semiconductor infrastructure
topic Sustainability
Sustainability-oriented innovation
Value creation
Value capture
Shared infrastructure
Entrepreneurship
url http://www.sciencedirect.com/science/article/pii/S2773032825000094
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AT katrivalkokari valuecreationandcapturefromsustainabilityorientedinnovationsinasharedsemiconductorinfrastructure