9. NPD in ecosystem Flashcards
Ecosystem
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)
Different elements of ecosystem
- Actors that can influence or are influenced by a value proposition
- Interdependence
- Hetergogeneity
- Dynamic entity
Use value blueprints to ..
- Identify all actors and their positions
- Identify required changes in activities for each actor
What is the co-innovation risk?
How able are they (you and competitors) to undertake required activity?
When is an ecosystem perspective most relevant?
- 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
What are the two type os risks?
Co-Innovation risk
Adoption risk
what is the adoption risk?
How willing are they to undertake required action?
What is the causal logic approach? (Berends)
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
What is the effectual logic approach? (Berends)
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
What is the effectual process? (Berends)
Means -> Goals -> interactions -> ecosystem commitment –> New means (back to means) & New goals (back to goals)
the converging cycle of goals lead to innovation
What are the 2 loops? in the effectual process
- Resources may change because of the fact that we included ecosystem actors
- Goals may change because other actors were included
Which logic approach is used when?
Effecutal = Beginning of NPD (because of uncertainty)
Causal = Final port of NPD (more is known about product)
What do firms need for market shaping? (Neonen article)
- triggering capabilities: Actions that directly create new value by linking resources of the firm and stakeholders in new ways
- Facilitating capabilities: Dispositions, attitudes, approaches to the new system at large that determine which actors are employed and how1
What are different triggering capabilities (nenonen)?
- redesigning exchange
- Reconfiguring network
- Reforming institutions
What are the different facilitating capabilities?
- Exploring
- Expressing
- Experimenting
- Engaging