Developing life cycle oriented innovations within the turbulent business environment

Christoph Herrmann*, Lars Bergmann, Sebastian Thiede

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

3 Downloads (Pure)

Abstract

Generating successful innovations is a key factor for companies to survive within today's business environment in the long term. When developing new products and processes the integrated perspective on their whole life cycle gets increasingly important nowadays for various reasons. The last couple of years showed several examples of innovations that did not enfold their full potential or did not even work at all. However, these failures can not really be explained through previous innovation research. Therefore, the Life Cycle Innovation framework is proposed in this paper which shall integrate and extend previous approaches in a holistic description model. Different life cycle phases are practically represented by different actors within an extended supply chain network - this system is identified as most relevant for a successful development of innovations. Whereas the network is additionally strongly influenced by external factors, each one of the involved actors has specific requirements regarding all innovations within the system. To avoid unforeseen failures and tap the full potential of innovations all of these requirements urgently have to be considered as early as possible in the innovation process. Idealistically this could lead to different effects potentially resulting in more and better innovations with less resource input. To validate the ideas of the framework and to derive recommendations regarding system design and optimal strategies the theoretical description framework was transferred in a simulation approach in the next step. Based on this model first simulation experiments were also conducted.

Original languageEnglish
Title of host publicationProceedings of ICED 2007, the 16th International Conference on Engineering Design
EditorsJ.-C. Bocquet
PublisherThe Design Society
Number of pages12
ISBN (Print)9781904670025
Publication statusPublished - 1 Dec 2007
Externally publishedYes
Event16th International Conference on Engineering Design, ICED 2007 - Paris, France
Duration: 28 Aug 200730 Aug 2007
Conference number: 16

Publication series

NameInternational Conference on Engineering Design (ICED)
PublisherThe Design Society
VolumeDS 42

Conference

Conference16th International Conference on Engineering Design, ICED 2007
Abbreviated titleICED 2007
CountryFrance
CityParis
Period28/08/0730/08/07

Keywords

  • Extended supply chain
  • Innovation
  • Life cycle innovation model

Fingerprint Dive into the research topics of 'Developing life cycle oriented innovations within the turbulent business environment'. Together they form a unique fingerprint.

Cite this