Innovaiting Responsibly: Discovering the Opportunities and Risks of Foundation Models

PROBLEM<br/>Foundation Models are emerging as a new paradigm in AI research &amp;<br/>commercialisation. While this opens up possibilities for radically innovative<br/>solutions and significant value creation, startups are challenged with finding<br/>unique &amp; differentiated ways to leverage the technology, while simultaneously<br/>mitigating...

Northern European Enclosure Dam: Success and failure factors for a very radical innovation

It is becoming increasingly clear that the current climate policy is not beneficial to our planet. Climate change is having several negative effects on the planetary environment and its health (Rig- not et al., 2011). Among these negative effects is the rise of the seawater level (Jevrejeva et al., 2014). Efforts are being made to counter this...

Decoding a holistic laundry product experience to envision the future product innovation

The graduation project is performed in collaboration with Henkel Laundry &amp; Home Care business unit. This consumer goods business has flourished into a globally active unit with a broad product portfolio.To succeed in the highly competitive consumer goods environment, it is essential to shifting from price and product superiority to...

A routine design strategy to change organisational processes in the front end of radical innovation

For technology firms like Barco, radical innovation a way to escape intense competition, but also crucial for long-term survival as they provide the foundations on which future generations of products are created (McDermott &amp; O’Connor, 2002; Sandberg &amp; Aarikk-Stenroos, 2014). However, a required mature radical innovation capability in...

Facilitating The Internal Adoption Of Radical Innovation Concepts: A strategic design approach to facilitating the decision-making process behind the internal adoption of radical innovation concepts for further development

Radical innovation is a critical source for creating competitive advantage and value for potential customers. However, radical innovation has inherent characteristics that make a radical innovation project difficult to manage, such as: increased generativity – the aspect that describes how radical innovation outcomes are creative and novel,...

Learning factors from experiments in Sustainable Urban Freight Transport: A Strategic Niche Management Analysis of Electric Truck experiments

In the Netherlands the cities of Rotterdam and Amsterdam are coping with problems of air quality and congestion caused by inner-city transport. The continued demand for cleaner air, especially in the inner-city, has produced multiple experiments in sustainable transport.Some of these solutions can be seen as radical innovations; however a...

Assessing Influencing Factors During Diffusion of a Radical Innovation: A Case Study in Urban Farming The Netherlands

Niche markets are essential for commercialization of radical new innovations. In a niche market, the innovation is protected while gaining maturity till finally being able to compete with the incumbent technology in the mass market. Along the way towards large-scale diffusion, firms can apply niche strategies as a deliberate and temporary choice...

Adoption of Design Thinking by a novice multidisciplinary team in industry

Despite the limited amount of empirical evidence, the adoption of the Design Thinking approach is frequently presented as a solution to many of the problems that large organizations face when executing radical innovation projects. In this master thesis, a longitudinal study was conducted which revealed the difficulties of implementing such...

Barriers to innovation within large financial services firms: An in-depth study into disruptive and radical innovation projects at a bank

Purpose - Since the 2008 financial crisis, the financial industry is in need of innovation to increase stability and improve quality of services. The purpose of this paper is to explore internal barriers that influence the effectiveness of projects within large financial services firms focussing on potentially disruptive and radical innovations....

Business modelling agility: Turning ideas into business

Business Model Innovation is attracting more and more attention from business as well as from academics. Business Model Innovation deals with both technological and knowledge related changes that either may disrupt or sustain existing product/market strategies. Timing of Business Model Innovation both with regard to the right moment as well as...

How Radical is a Radical Innovation? An Outline for a Computational Approach

Radical innovations prompt significant subsequent technological development and exhibit novelty and “architectural” innovation, i.e. rearranging the way design elements are put together in a system. Thus, radical innovations often serve as the foundation for new technological systems, industries or domains and are seen to involve significant...

Towards a conceptual framework for Experience-Driven Innovation

Companies that aim to evoke specific experiences among their customers, should not only modify their design process, but also need to reorganize their innovation processes. Experience-driven innovation has implications on at least three levels in the organization: company, brand, and product/service level. The creative process at each level can...

A Practice Oriented Approach to User Centered Sustainable Design

This paper describes a method for insight generation for sustainable innovations. The method takes a practice oriented approach aiming for product ideas for practice level innovations. The method was applied in a case study on the practice of bathing. Insights on sustainable bathing innovations were gathered during a two-week period in which...