INNOVATION PROCESS

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INNOVATION PROCESS by Mind Map: INNOVATION PROCESS

1. Idea - Prototype - Commercialisation

1.1. May be cyclical e.g. iPhone

2. Idea adoption

2.1. Stgae 1: Impossible!

2.2. Stage 2: Not worth doing

2.3. Stage 3: Told you it was good!

3. Closed Innovatin

3.1. Develop, prototype, commercialise in-house

3.2. R&D Strat asset

3.3. Risks;

3.3.1. Market uncertainty

3.3.2. Tech uncertainty

4. Open Innovatin

4.1. Outside help

4.2. Expand firm boundaries

4.3. Capitalise on 'false negatives'

4.4. IBM; Wikipedia; Google

5. Open Source Software

5.1. Incentives to innovate

5.2. Sharing

5.3. Google

5.3.1. Open handset allicance

6. Additive Manuf. (3D Printing)

6.1. Materials:

6.1.1. Sandstone

6.1.2. Plastic

6.1.3. Glass

6.1.4. Metal

6.2. On-demand production

6.3. Cost decreasing, 2015 comparative to 10K - 100K items

7. Global Innovation Strategies

7.1. "Borne Globals"

7.1.1. Virtual

7.1.2. Small

7.1.3. High use comm techs.

7.1.4. Skype; Infosys

7.2. Sys Integration

7.2.1. Strategies & resources

7.2.2. Arbitrage

7.2.3. Networks

8. Collaborative Production