9. NPD in ecosystem Flashcards

1
Q

Ecosystem

A

A dynamc entity consisting of a heterogeneous interdependent set of actors that can influence (positive/negative) or can be influence by a value proposition (product/service)

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2
Q

Different elements of ecosystem

A
  • Actors that can influence or are influenced by a value proposition
  • Interdependence
  • Hetergogeneity
  • Dynamic entity
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3
Q

Use value blueprints to ..

A
  • Identify all actors and their positions
  • Identify required changes in activities for each actor
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4
Q

What is the co-innovation risk?

A

How able are they (you and competitors) to undertake required activity?

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5
Q

When is an ecosystem perspective most relevant?

A
  • Sustainable innovation: because when there are a lot of different actors, lot of them are involved
  • Radical innovation: because lot of changes for a lot of different actors. If there is a misfit, it is likely that the innovation will fail
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6
Q

What are the two type os risks?

A

Co-Innovation risk
Adoption risk

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7
Q

what is the adoption risk?

A

How willing are they to undertake required action?

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8
Q

What is the causal logic approach? (Berends)

A

View of future: predictive
Attitude to surprise: Avoid, use prediction to minimize surprise
basis for action: Goal orientated
attitude to others: Competition
View on risk: expected returns

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9
Q

What is the effectual logic approach? (Berends)

A

View on future: Creative
Attitude to suprise: transform surpises into opportunities
Basis for action: Means oriented
Attitude to others: Partner to expand resource base
Affordable loss: limit investments to what you extent to what you can afford to lose

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10
Q

What is the effectual process? (Berends)

A

Means -> Goals -> interactions -> ecosystem commitment –> New means (back to means) & New goals (back to goals)

the converging cycle of goals lead to innovation

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11
Q

What are the 2 loops? in the effectual process

A
  1. Resources may change because of the fact that we included ecosystem actors
  2. Goals may change because other actors were included
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12
Q

Which logic approach is used when?

A

Effecutal = Beginning of NPD (because of uncertainty)
Causal = Final port of NPD (more is known about product)

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13
Q

What do firms need for market shaping? (Neonen article)

A
  1. triggering capabilities: Actions that directly create new value by linking resources of the firm and stakeholders in new ways
  2. Facilitating capabilities: Dispositions, attitudes, approaches to the new system at large that determine which actors are employed and how1
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14
Q

What are different triggering capabilities (nenonen)?

A
  • redesigning exchange
  • Reconfiguring network
  • Reforming institutions
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15
Q

What are the different facilitating capabilities?

A
  • Exploring
  • Expressing
  • Experimenting
  • Engaging
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