HC1-introducing topic Flashcards
Schumpeters defenition of innovation
Schumpeter defines innovation as new arrangement of known elements. 1 new element + existing elements. Sometimes it is new for the world and market, but always new for organization that develops/implements it.
You have several degrees of newness;
Incremental; no new elements, new way of combining; ‘inside the box’
Radical; maybe 1 new element, creatively combined with existing; ‘outside the box’
Breakthrough/disruptive; must have new element/technology. ‘why go in a box’.
Kirton developed different styles of problem solver;
Adaptors; solve problems within existing knowledge; incremental
Innovators; provide new solution; radical, breakthrough
Tidd & Bessant state the innovation process:
search -> select -> implement -> capture. There are 2 flows here; steady state & discontinuous innovation
Search; continuous activity
Select; interval, decision making
Implement; do and manage project & portfolio
Capture; primary process ‘up and running
Phase 1 Search: How do we organize an effective search process to ensure a steady flow of
new ideas that gives us better chance of surviving and thriving?
- Phase 2 Select: The selection process involves a strategic choice. This process needs to take
into account competitive differentiation and previous capabilities.
- Phase 3 Implement: This tasks is essentially one of managing a growing commitment of
resources against a background of uncertainty.
- Phase 4 Capture: How will we ensure that the efforts have been justified, either in
commercial or social value? How will we protect it from appropriation from others? And how
do we learn from the experience to improve the innovation process in the future?
The innovation process is influenced by a number of factors. Of particular relevance is the presence
of an innovation strategy. And innovation is at heart a process involving people. So the presence of
an enabling innovative organisation is another key influence
steady state innovation
Zone 1: incremental: steady-state improvements to
products or processes and knowledge
accumulated around core components. The core innovation concepts are reinforced, but the knowledge links are unchanged
discontinuous innovation
Zone 3: discontinuous innovation,
where neither the end state nor the
ways in which it can be achieved are
known
modular innovation (zone2)
Zone 2: significant change in one
element, but the overall architecture
remains the same
architectural innovation (zone4)
Zone 4: new architectures emerge by
using existing knowledge and
recombining it in different ways, or by
combining new and old.