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Forgetting and Unlearning in Organizations

January 2015 until March 2016 (completed) FFF-Funding Project

Project Description

The field of organizational studies offers plenty of research and scholarly debate on organizational learning. However, research efforts examining questions as to how and why organizations lose knowledge are still scarce. The doctoral thesis aims at clarifying, understanding, and empirically testing the construct of organizational forgetting and unlearning. More precisely, the project seeks to get a better understanding and discover why and how organizations forget and unlearn. It is important to differentiate between existing knowledge stocks and newly acquired knowledge (e.g. innovations) as well as deliberate unlearning and unintentional modes of forgetting. Clarifying these differences and understanding why and how organizations forget and unlearn are main research questions within the boundaries of this project. Furthermore, the dissertation project investigates the effect of organizational forgetting and unlearning on organizational performance. Empirical results should provide insight into the nature of organizational forgetting and unlearning as well as its effect on organizational performance.

Keywords

Organizational forgetting Organizational unlearning

Participating Institutions

Forschungsförderungsfonds der Universität Liechtenstein / Sponsor Chair in International Management / Project Lead

Project Participants

Employee
Dr. Adrian Klammer
- Principal Investigator
Principal Investigator
Employee
PD Dr. habil. Stefan Güldenberg
- Project Collaborator
Project Collaborator
Employee
Dr. Stefan Wilhelm
- Project Collaborator
Senior Lecturer - Entrepreneurship and Strategic Management
Project Collaborator
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Publications

Foresight for a (product) lifetime: developing a lifecycle- encompassing foresight process

June 2023 until April 2024 (completed) FFF-Funding Project

Project Description

Dealing with discontinuities in the market, changing competitive advantages, and existing information uncertainties in decision-making processes are daily challenges for companies around the world. However, identifying and monitoring future market and technology trends promises support in this regard. While the current state of foresight already provides an extensive body of suitable analysis and planning methods for this matter, foresight research develops mostly detached from important management disciplines. One of those management disciplines is product lifecycle management, whose futureoriented decision-making is becoming increasingly complex due to intensifying competitive dynamics and advancing digitalization. Our research project recognizes the potential of foresight to minimize information uncertainty in product lifecycle management and aims to develop a novel lifecycle-encompassing foresight process for industrial companies. In doing so, we rely on the results of previous research, which demonstrate that enough foresight data sources and methods are available to cover the entire product lifecycle with foresight activities and that promising linkages between lifecycle and foresight research exist. Within the scope of our research the subject areas of future mobility and the industrial metaverse will form the application context for the planned foresight process.

Relevance to Liechtenstein

Several Liechtenstein-based companies provide valuable qualitative data for the research project. The mutual discussion of foresight matters is highly appreciated and supported by local companies. Existing and new contacts with local companies are maintained and promoted by the research project. Of course, industrial companies in Liechtenstein can also exploit the expected outcome of a new foresight process for lifecycle management for their own purposes.

Scientific, Economic and Societal Impact

The impact on practice is secured, first, by the fact that the underlying problem was partly derived from practice, and second, by the immediate practical applicability of the expected results. Discussions with industry experts revealed that the topic of foresight in general, and in particular the development of structured processes for integrating foresight activities into existing innovation management tasks, is of great practical relevance. A dedicated foresight process for product lifecycle management can serve as future guidance for better organizing and conducting foresight activities in industrial companies. Last but not least, the delineated trend insights for future mobility and the industrial metaverse can be exploited content-wise in practice.

Participating Institutions

Technology and Innovation / Project Lead

Project Participants

Employee
Marie Scheuffele MSc
- Project Manager
Research Assistant / PhD Student - Technology and Innovation
Project Manager
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Employee
Prof. Dr. Leo Brecht
- Project Collaborator
Professor - Technology and Innovation Academic Director MBA in Technology & Innovation - Technology and Innovation
Project Collaborator
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Employee
Dr. Niklas Maximilian Bayrle-Kelso
- Project Collaborator
Project Collaborator

Publications

Foreign Exchange Prediction Using Machine Learning

since February 2019 Preproposal PhD-Thesis

Project Description

The Swiss franc is famous for its safe haven status amid a myriad of currencies. For the Swiss and Liechtenstein economies, the EURCHF rate is no doubt the most essential one directly impacting internationally active companies. The Swiss franc is attractive for eurozone countries for its stable interest rate and exchange rate volatility. Globally, the foreign exchange market is the most liquid market of all with trillions in daily trading volume, with SNB alone amounting to about 850 billion CHF in total assets in 2017.

The study will focus on the different aspects of foreign exchange in the regions of Switzerland and Liechtenstein, in particular foreign exchange portfolio management and risk management. This research will support investors in finding ways to increase profits through novel methods in financial engineering and machine learning. These would equally involve forex derivatives and financial hedging to discover the most rewarding portfolio compositions for domestic and foreign investors alike.

Keywords

Foreign exchange Financial Engineering

Project Participants

Employee
Qing Yu
- PhD-Student
PhD-Student
---missing value--- N.N.
- Supervisor
Supervisor

FLUIDGLASS CUBE

April 2012 until January 2014 (completed) FFF-Funding Project

Project Description

Ziel des Forschungsprojekts „FLUIDGLASS CUBE“ ist es, von einem einzelnen mit Flüssigkeit durchströmten Fassadenelement einen Schritt weiter zu gehen, hin zu Gebäuden mit einer Fluidglashülle. Das Potential dieser Technologie wird mittels numerischer Simulation untersucht. Es wird bestimmt, inwieweit mit einer flüssigkeitsdurchströmten Fassade bei reduziertem Gesamtenergieverbrauch ein gesteigerter Komfort erreicht werden kann.

Relevance to Liechtenstein

Das Projekt ist in der Zusammenarbeit mit regionalen Partnern wie GlassX in der Schweiz und Hoval in Liechtenstein entstanden. Es wurde die Grundlage für weitere Forschungsarbeiten im Bereich von flüssigkeitsdurchströmten Fassaden geschaffen. Zusammen mit dem Institut für Entrepreneurship wurden Interviews mit Personen aus der Wirtschaft und der Wissenschaft geführt, aus denen die hohe Bedeutung dieser Forschung auch für den regionalen Markt hervorgeht.

Scientific, Economic and Societal Impact

Als übergeordneter Treiber für die Forschung in diesem Projekt kann das Schlagwort „Nachhaltigkeit“ herangezogen werden. Es geht darum, die Grundlagen für ein „Cleantech“ Produkt im Bereich des nachhaltigen Bauens zu erforschen.

Entwicklungen im Bereich energieoptimierter Fassaden und erhöhte Nutzung von erneuerbaren Energien (transparenter Sonnenkollektor) leisten einen wichtigen Beitrag gegen die globale Klimaerwärmung.

Keywords

Architecture Renewable energy Ecotec Building Physics Sustainable Construction

Participating Institutions

Forschungsförderungsfonds der Universität Liechtenstein / Sponsor Institute of Architecture and Planning / Project Lead GLASSX AG / Partner Hoval Aktiengesellschaft / Partner

Project Participants

Employee
Dr. Daniel Gstöhl
- Principal Investigator
Principal Investigator
Employee
Prof. Dipl.-Arch. ETH/SIA Dietrich Schwarz
- Project Collaborator
Professor - Sustainable Design Academic Director BSc AR - Liechtenstein School of Architecture
Project Collaborator
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Employee
PD Dr. habil. Christian Marxt
- Project Collaborator
Project Collaborator
Employee
Dr. rer. oec. Zorica Zagorac-Uremović MSc
- Project Collaborator
Project Collaborator
Employee
Dr. Markus Spiegel
- Project Collaborator
Project Collaborator
Employee
Eve Stocklasa MSc
- Project Collaborator
Project Collaborator

FLUIDGLASS - Solar Thermal Facades with Adjustable Transparency

September 2013 until August 2017 (completed) EU 7.RP-Funding Project

Project Description

The FLUIDGLASS project develops a new and innovative concept for multifunctional solar thermal glass facades systems. The FLUIDGLASS approach turns passive glass facades into active transparent solar collectors while at the same time controlling the energy flow through the building envelope. FLUIDGLASS unites four key functionalities in one integrated system: The system firstly acts as a fully transparent solar thermal collector, which enables harvesting of solar energy even in buildings with large glass share. It secondly acts as transparent insulation layer and thirdly controls the solar radiation transmission and inner glass surface temperature thus increasing the thermal user comfort and reducing the demand for heating, cooling and lighting. At the same time FLUIDGLASS substitutes conventional HVAC components such as cooling and heating panels.

Replacing four different systems by one, FLUIDGLASS brings a significant cost advantage compared to existing solutions. FLUIDGLASS increases the thermal performance of the whole building resulting in energy savings potential of 50%-70% for retrofitting and 20%-30% for new low energy buildings while the comfort for the user is significantly improved at the same time. Compared to state-of-the-art solar collectors FLUIDGLASS has the elegant but neutral aesthetics of clear glass. This allows full design freedom for the architect in new built applications and enables retrofits that do not destroy the original look of an existing building.

Relevance to Liechtenstein

Im Rahmen des FLUIDGLASS Projekts wird ein neues und innovatives Konzept für multifunktionale solarthermische Glasfassadensysteme entwickelt. Es wird mit elf Partnern aus der Wissenschaft und der Wirtschaft betreut, u.a. in der Zusammenarbeit mit Hoval in Liechtenstein, Mayer Glastechnik in Feldkirch und NTB in Buchs. Durch dieses Projekt wird die Reputation Liechtensteins als Forschungsstandort für neue Technologien im Bauwesen gefördert.

Scientific, Economic and Societal Impact

The FLUIDGLASS system will be validated in different climate conditions. The consortium brings together partners experienced in glass architecture, building simulation and energy management but also in experimental testing, HVAC systems, manufacturing of glazing units and construction of facades. It is very well balanced between RTD and industrial sectors covering the whole innovation value chain of the future building skin and gives an important role to participating SMEs.

Keywords

Energy saving (Measures for) Energy storage Energy transport

Participating Institutions

Institute of Architecture and Planning / Project Lead GLASSX AG / Partner NTB Interstaatliche Hochschule für Technik Buchs / Partner Hoval Aktiengesellschaft / Partner MGT - Mayer Glastechnik GmbH / Partner CyRIC - Cyprus Research and Innovation Center / Partner Commissariat a l'energie atomique et aux energies alternatives / Partner Alcoa Europe Commercial SAS / Partner Amires SRO / Partner Technische Universität München / Partner Universität Stuttgart / Partner

Project Participants

Employee
Dr. Daniel Gstöhl
- Project Collaborator
Project Collaborator
Employee
Dr. Volker Ritter
- Project Collaborator
Project Collaborator
Employee
Prof. Dipl.-Arch. ETH/SIA Dietrich Schwarz
- Principal Investigator
Professor - Sustainable Design Academic Director BSc AR - Liechtenstein School of Architecture
Principal Investigator
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Publications

Fluidised glass façade elements for an active energy transmission control

May 2008 until January 2012 (completed) FFF-Funding Project

Project Description

A glass façade system which controls the energy flows within the transparent building envelope will be developed. The facade enables the perfect comfort in the building, while simultaneously reducing the energy demand. Two fluid filled layers will be implemented in the glass facade. These two layers are regulating all energy flows. The inner fluid layer keeps the surface temperature constantly at room temperature. The outer liquid layer controls the solar radiation by absorption. The predominantly challenge in this project will be the absorption of the fluid driven forces within the glass panes. Furthermore the whole building services have to end up in a compact and simple plug and play system. The system integrates floor heating, cooling ceiling, solar collector, shading device and insulating façade in one element. The transparent facade increases the energy efficiency of buildings in every climate zone and enables the use of renewable energy - solar energy - at the whole façade area.

Scientific, Economic and Societal Impact

Architects and engineers receive a standardised product, which crucial increases the efficiency of their building. The user-friendly plug and play system - glass, window frame, building services - enables the use of renewable energy in an easy way. Because of the active control, the system can be used in every climate zone at every building type.

Keywords

Architecture Renewable energy Building Physics Sustainable Construction System development

Participating Institutions

Forschungsförderungsfonds der Universität Liechtenstein / Sponsor Institute of Architecture and Planning / Project Lead Hilti AG / Sponsor Hilti AG / Partner NTB Interstaatliche Hochschule für Technik Buchs / Partner Eckelt Glas GmbH Saint-Gobain Glass Solutions / Partner Hoval Aktiengesellschaft / Sponsor Hoval Aktiengesellschaft / Partner

Project Participants

Employee
Prof. Dipl.-Arch. ETH/SIA Dietrich Schwarz
- Principal Investigator
Professor - Sustainable Design Academic Director BSc AR - Liechtenstein School of Architecture
Principal Investigator
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Employee
Dr. Daniel Gstöhl
- Project Collaborator
Project Collaborator

Publications

Fluiddurchströmte Glasfassadenelemente – Fluidglas

April 2009 until March 2012 (completed) IBH-Funding Project

Project Description

Weltweit werden 40% des Energiebedarfs im Gebäudesektor verwendet, wobei Heizung und Kühlung für den Grossteil davon verantwortlich sind. Durch ein sog. fluiddurchströmtes Glasfassadensystems kann dieser Energieverbrauch signifikant reduziert werden. Hierbei handelt es sich um transparente Solarkollektoren, die als Bauteile in Hauswände integriert werden. Diese transparenten Kollektoren ersetzen zusätzlich die isolierende Gebäudehülle und bilden ein standardisiertes Bauteil. Ziel des Projektes ist es, Architekten und Ingenieure ein Produkt zu liefern, das die Effizienz ihrer Gebäude entscheidend verbessert. Im Vergleich zu konventionellen Doppelfassadensystemen können ca. 50 – 70cm an Fassadentiefe eingespart werden, wodurch die nutzbare Fläche des Gebäudes erhöht wird.

Die Forschungsergebnisse führten zu neuartigen Lösungen bei flüssigkeitsdurchströmten Fassaden. Es konnten Prototypen mit zwei flüssigkeitsführenden Schichten entwickelt werden. Eine entsprechende Patentanmeldung erfolgte. Aufbauend auf den Projektergebnissen konnte im Rahmen des 7. Forschungsrahmenprogramms – Energy ein Antrag über 5 Mio. € erfolgreich eingereicht werden. Neben der Universität Liechtenstein und der NTB Buchs sind 9 weitere europäische Partner aus Wissenschaft und Wirtschaft an diesem Projekt beteiligt.

Keywords

Energy saving (Measures for) Energy storage Energy transport Energy

Participating Institutions

NTB Interstaatliche Hochschule für Technik Buchs / Partner

Project Participants

Employee
Dr. Daniel Gstöhl
- Project Collaborator
Project Collaborator
Employee
Prof. Dipl.-Arch. ETH/SIA Dietrich Schwarz
- Principal Investigator
Professor - Sustainable Design Academic Director BSc AR - Liechtenstein School of Architecture
Principal Investigator
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Company Law Relevant to the Financial Centre: Determination of the Status Quo and Preparation of the Theoretical Principles for Pioneering Development

December 2009 until September 2011 (completed) KTT

Project Description

The purpose of the project is to undertake a systematic analysis of the strengths and weaknesses of Liechtenstein company law relevant to the financial centre. Theoretical principles will be compiled for the further stages of legal development.
As its starting point, the project will use the legal provisions contained in Liechtenstein company law and their application by the domestic and foreign courts. Insights into practical experience obtained by involving market participants will furthermore serve as a basis. In realising the project, various methodical approaches will be drawn upon. The basic theoretical, comparative law research required to determine the status quo will be augmented by empirical studies at home and abroad. Determining the national and international requirements (especially EEA and EU) on the company law relevant for the financial centre is the aim of the study. Existing or planned legal regulations will be subjected to an economic analysis.
The project will lead to structural representations of the individual areas of company law, having specific regard to the latest developments. The uncertainty among the industry, ensuing from a change in the law, will thus be tackled. The project is also aimed at drawing the industry's attention specifically to opportunities. Particular attention will be placed on the new law of foundations, the law of trust currently requiring reform, and the law of establishments.
The international, in particular European dimension plays a crucial role. Thus, imminent directives, which will have to be implemented in Liechtenstein and whose subject matter is related to company law, will for example be analysed and reviewed. The case law relevant for the company law at the Liechtenstein financial centre (e.g. judgments of the ECJ) will also be reviewed in a practice-orientated way.
There will moreover be sufficient scope for considering overlaps with contiguous issues of contract law, inheritance law, conflict of laws, etc.

Relevance to Liechtenstein

The purpose of the project was to undertake a systematic analysis of the strengths and weaknesses of Liechtenstein company law relevant to the financial centre. This provided a basis to compile theoretical principles for the further stages of legal development. As a result, structural representations of the individual areas of company law, having specific regard to the latest developments in the competition between jurisdictions, were made and thus chances for the industry were indicated.

Keywords

Corporate Law Trust Law comparative law analysis economic analysis of law Foundation Law

Participating Institutions

Chair of Company, Foundation and Trust Law / Project Lead

Project Participants

Employee
Univ.-Prof. Dr. Francesco A. Schurr
- Principal Investigator
Visiting Professor - Company, Foundation and Trust Law
Principal Investigator
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Employee
Mag. iur. Simone Büchel LL.M.
- Project Collaborator
Project Collaborator
Employee
Dr. Johannes von Schönfeld LL.M.
- Project Collaborator
Project Collaborator
Employee
Mag. iur. Martina Schöpf-Herberstein
- Project Collaborator
Project Collaborator
Employee
Dr. iur. Ines Fässler LL.M.
- Project Collaborator
Project Collaborator

Top Management Team Incentives and Paradox

February 2019 (completed) PhD-Thesis

Project Description

The aim of the dissertation is to investigate whether and to what extent financial incentives for top management teams help to address, overcome and embrace strategic paradoxes that occur in companies. The combination of these two relevant research streams should make a relevant contribution to theory and practice. Within a cumulative dissertation, the following three potential fields of research should be investigated:
The first project strives to look at the interplay of CEO and TMT incentives in fostering the simultaneous pursuit of exploration and exploitation (or innovation and efficiency). In the second project, we aim at exploring the effects of TMT incentives on firms’ social and economic performance. Finally, in the third project, we want to examine how incentives evolve over time and which effects these changes have on the evolution of firms’ exploration–exploitation allocations, their long-term performance outcomes and their potentially reinforcing effects.

Keywords

Ambidexterity Paradox Hybrid Organizations Top Management Teams Incentives

Participating Institutions

Chair of Entrepreneurship and Strategic Management / Doctoral instiution

Project Participants

Employee
Prof. Dr. Alexander Zimmermann
- Supervisor
Supervisor
Employee
Dr. rer. oec. Djordje Zivkovic M.A. HSG
- PhD-Student
Postdoc - Entrepreneurship and Strategic Management
PhD-Student
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Prof. Dr. Markus Menz
- Co-Supervisor
Co-Supervisor

Top Management Team Incentives and Paradox

February 2019 (completed) Preproposal PhD-Thesis

Project Description

The aim of the dissertation is to investigate whether and to what extent financial incentives for top management teams help to address, overcome and embrace strategic paradoxes that occur in companies. The combination of these two relevant research streams should make a relevant contribution to theory and practice. Within a cumulative dissertation, the following three potential fields of research should be investigated:
The first project strives to look at the interplay of CEO and TMT incentives in fostering the simultaneous pursuit of exploration and exploitation (or innovation and efficiency). In the second project, we aim at exploring the effects of TMT incentives on firms’ social and economic performance. Finally, in the third project, we want to examine how incentives evolve over time and which effects these changes have on the evolution of firms’ exploration–exploitation allocations, their long-term performance outcomes and their potentially reinforcing effects.

Keywords

Ambidexterity Paradox Hybrid Organizations Top Management Teams Incentives

Project Participants

Employee
Prof. Dr. Alexander Zimmermann
- Supervisor
Supervisor
Employee
Dr. rer. oec. Djordje Zivkovic M.A. HSG
- PhD-Student
Postdoc - Entrepreneurship and Strategic Management
PhD-Student
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