Assessing Risks in R&D projects

Making up a “Risk Register” at the beginning of an R&D project obviously makes a lot of sense. However, risk assessment is not easy. There are some helpful tools like Failure Mode and Effect Analysis (FMEA), but it all relies on team members being able and willing to identify the risks.... more»

Roadmapping Sandia Labs

Fundamentals of technology roadmapping

The main benefit of technology roadmapping is that it provides information to make better technology investment decisions.... more»

Licensing Agricultural Intellectual Property: How Should Public R&D Institutions in Developing Countries Respond?

Licensing Agricultural Intellectual Property

Due to the strong association between Intellectual Property Rights (IPR) and agricultural biotechnology, this paper argues that technology transfer (e.g., licensing), needs to be conducted differently for agricultural bio-technology products.... more»

Building Innovation Capabilities: An Inquiry into the Dynamic Growth Process of University Spin-Outs in China

Building Innovation Capabilities

University spinout (USO) are an important source of innovation however concerns are raised about the mediocre survival rate in general and even a lower rate for those to grow larger. This paper aims to develop a conceptual framework, in order to understand the dynamic growth process of university spin-outs (USOs) in China.... more»

Open Innovation Practices and Their Effect on Innovation Performance

Revealing interesting findings on the impact of Open Innovation, this paper develops an indicator framework for examining open innovation practices and their impact on performance.... more»

Forecasting emerging technologies: Use of bibliometrics and patent analysis

Forecasting emerging technologies: Use of bibliometrics and patent analysis

It is challenging to forecast emerging technologies as there is no historical data available. However, the use of use of bibliometrics and patent analysis has provided useful data.... more»

disruptive technology

Supporting the technology-push of a discontinuous innovation in practice

Game changing technology creates a challenge for any industry, but particularly for the hydraulic power generation business, which has traditionally progressed through continuous innovation.... more»

Creating an R&D Strategy

The failure of many companies to improve R&D performance is not due to lack of effort or commitment by the management or people involved but due to a misconception about the drivers of R&D performance.... more»

visualizing roadmaps

Visualizing Roadmaps: A Design-Driven Approach

The visual design of technology roadmaps greatly enhances their value as communication aids but this is being overlooked.... more»

Managing the R&D pipeline

Integrating TRIZ into technology push oriented product planning

When a technology is ‘pushing’ a new invention through R&D and sales without a comprehensive consideration as to whether it satisfies a user need then integrating TRIZ (Theory of Inventive Problem Solving) methods have value in anticipating performance.... more»

Overcoming the Global Innovation Trade-Off

As the range of knowledge required for global innovation becomes wide and more varied, co-location is no longer sufficient.... more»

Towards an integrated framework for managing the process of innovation

Innovation is now a major driving force for business growth and success but coping with the challenges during the innovation process can be difficult for technology managers. Could the concept of Innovation Readiness Levels help?... more»

Business Appraisal of Technology Potentials – development of a practical approach to valuing technology

The issue of assessing technology for business application is cited as a major concern for managers in industry. Representatives from a range of industries were interviewed to review the tools and techniques currently available and to identify gaps and limitations.... more»

Developing a product innovation and technology strategy for your business

Based on their observations of top-performing businesses, Cooper and Edgett’s paper provides a structured framework for strategy development... more»

How combinations of TRIZ tools are used in companies – results of a cluster analysis

Experienced TRIZ users and academics will find this paper stimulating, both for further theoretical understanding and also as a basis for further research.... more»

What is disruptive innovation?

The ‘Theory of Disruption’ has proven to be a powerful way of thinking about innovation driven growth; popular with companies both large and small. This paper explores what is and what it isn’t and how it can be used to predict success.... more»

The theory of crowd capital

Crowdsourcing is well-known as a problem-solving and production model but how can organisations use it effectively?... more»

Selling technological knowledge: managing the complexities of technology transactions

Selling technological knowledge is complex, and even for a company that possesses a breakthrough or radically innovative technology, there is no guarantee that the technology would be successfully sold or commercialised. This paper provides a five point plan.... more»

A review of TRIZ its benefits and challenges in practice

TRIZ provides a useful structure for thinking and brainstorming, enabling ideas to be developed more quickly. However it requires patience to understand it... more»

Do you need a new product-development strategy?

Hewlett-Packard has successfully piloted a new approach to product development strategy. Learning points from this new framework are discussed in this article.... more»

Business model innovation in practice at Goodyear

Overcoming resistance to change is always a challenge when introducing innovation, this approach pioneered by Goodyear provides interesting learning points.... more»

How GemStone implemented an R&D Strategy

The importance of R&D for future success is widely accepted however there are no widely accepted performance measurement standards.... more»

Business Model Innovation creating new metrics

Organizations that pursue Business Model Innovation (BMI) develop novel value creation architectures and original revenue models beyond new products or new services. However studies that focus on the relationship between BMI and a firm’s performance are rare – this paper discusses the need for new metrics.... more»

Open R&D and open innovation: exploring the phenomenon

There is currently a broad awareness of open innovation and its relevance to corporate R&D. The implications and trends that underpin open innovation are actively discussed in terms of strategic, organizational, behavioral, knowledge, legal and business perspectives, and its economic implications.... more»

How a telecommunications company faced up to the challenge of Cloud computing

As technologies develop and markets evolve firms are being forced to consider radical new ways of doing business if they are to remain competitive. Developing a new business model is extremely complex and challenging as the changes made will inevitably affect every part of the firm.... more»

Schumpeterian economics

Schumpeter’s emphasis in his early work on three main aspects of industrial R&D; namely the importance of entrepreneurship, industrial innovation and resultant creative destruction, were major new insights that rejected the long-standing view that equilibrium was the best state for any industrial economy.... more»