2. Product level innovation Flashcards
What are the 3 pillars of sustainability?
- Social
- Environmental
- Economic
What are the Future Scenarios for the planet?
Unsustainable planet - High resource depletion, high environmental impact
Technologically sustained planet -High resource depletion, low environmental impact
Socio-economically sustained planet - Low resource depletion, high environmental impact
Sustainable planet - Low resource depletion, low environmental impact
What is innovation?
Management of all activities in the process of idea generation, tech development, manufacturing and marketing of a new product or service.
What is an example of an unsustainable packaging method?
Biopolymer PLA - single use applications
What are the ingredients of successful product innovation?
- System compatibility
- System standardisation
- Maintain and protect advantage
- Must meet a real need
- Become the product of choice to the consumer
- Tipping point - introduced at the right time.
What is sustainable innovation?
Creation of new market space, products and services or processes driven by social, environmental or sustainability issues.
What are the main drivers of sustainable innovation?
- Environmental and resource issues
- Legislation and sustainable consumption and production policies
- Competition, financial and market/consumer demand
- Social and ethical
What was the general outlook of SI in 2006?
- SI is a new and developing field (few examples, mainly market leading companies, not a mainstream practice)
- Social and wider sustainability issues emerging
- SI tools and methodologies becoming more available.
For what reason was tesla considered a sustainability driven innovation?
The aim and strategy of tesla suggested it was sustainability driven. (accelerate transition of world to electric cars).
What are the 5 steps to success in SI?
- View compliance as opportunity
- Making value chains sustainable
- Designing sustainable products and services
- Developing new business models
- Creating next practice platforms
Explain the sustainability innovation spectrum:
Level 1: incremental (improve existing products and services)
Level 2: Radical (new products and services. Often disruptive (tesla))
Level 3: Business level change - start ups or new business
Level 4: System level change - design for sustainable society (green cities)
Define a ‘more sustainable’ product.
- Less resources in manufacture
- Less resources In use
- Renewable resources
- Longer life
- Less damage to environment
What are the stages of an LCA?
- Definition of goal and scope
- Life cycle inventory analysis
- Life cycle impact assessment
4.Life cycle interpretation
Why is the use of a functional unit important?
Avoids unfair or misleading comparisons.
