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When all the hotels in San Francisco were fully booked ahead of a design conference, two roommates saw an opportunity to offer delegates an airbed and breakfast for a small fee. A new enterprise based on the sharing economy was born and Airbnb has become an international brand.
Tesla’s new product strategy used ‘valuation entrepreneurship’ to successfully launch a high-end battery electric vehicle to the market; when others had failed to gain traction. The way
it achieved this has been investigated by Maximilian Palmié and his co-workers, they reveal that reputational politics and blame avoidance tactics were key factors.
For many years, the innovation has been characterized by ideation, creating concepts and validation. The IMS offers an added focus: look at the opportunity to see what will generate most value, and create the processes and mechanisms to deliver that value.
Velindre University NHS Trust is implementing the ISO 56001 Innovation Management System to drive an innovation culture and enhance service delivery
Steven Armitage discovered the Innovation Management System by chance and saw the potential for it within the aviation industry. It offers a structured approach to identifying the opportunity, creating concepts, and validating them.
The R&D Project Exchange offers a unique platform for collaboration between university students and companies. This initiative invites students and businesses to co-develop research proposals, ensuring a balanced approach that addresses both academic objectives and real-world industry challenges.
The Federal Drug Agency’s 1997 design control guidance – built on a traditional waterfall framework – is increasingly misaligned with the dynamic landscape of medical device development, argues Dr Stuart Grant of Archetype Medtech, a med-tech innovation management consultancy.
The potential of the ‘Great North’ to drive the digitalisation of the UK’s economy has been underestimated, according to Professor Carsten P Welsch, Director of the Liverpool Centre for Doctoral Training for Innovation in Data Intensive Science (LIV.INNO).
For many organisations innovation happens in silos – there is poor visibility by senior management of the process and little sharing of best practice between business units. Creating a common and consistent language for describing innovation terminology is a major benefit of the ISO Innovation Management Systems standard 56000, says Jon Rains, Group Innovation Manager at Mott MacDonald.
The recent report “Selling Less of the Family Silver” has provoked some interesting responses. Valerie Lynch, Chairman of AND Technology Research, gives her perspective on why the government relies on R&D Tax Credits to support corporate innovation.
“It’s fantastic being here and the conference was wonderful,” says Jeremy Klein, Chairman of RADMA, about The Next Generation R&D Management in China Conference, which was held in Wuhan on 15-17 September 2024.
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