Hotspots in complex product systems: emerging issues in innovation management

Technovation ◽  
1998 ◽  
Vol 18 (8-9) ◽  
pp. 589-590
Author(s):  
Karen Lee Hansen ◽  
Howard Rush
2019 ◽  
Vol 24 (03) ◽  
pp. 2050029
Author(s):  
BEN VAN VLIET

This paper theorises about the behaviour of firms engaged in complex product systems innovation and engineering under the lean startup/minimum viable product process. In doing so, it fills a gap in the literature at the intersection of innovation management and behavioural economics. By deconstructing the concept of commercial value, we assemble, define and structure the relationships among seven values that innovation teams encounter along the path of innovation. Then, we demonstrate the usefulness of the proposed framework by applying it to the case of algorithmic financial systems. The model of capability developed for this domain may have broader applicability. For innovations where performance is probabilistic and achieves a steady state, capability can define what counts as “good enough” commercial value.


2017 ◽  
Vol 122 ◽  
pp. 253-261 ◽  
Author(s):  
Mohammad Naghizadeh ◽  
Manoochehr Manteghi ◽  
Marina Ranga ◽  
Reza Naghizadeh

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