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A digital platform as a facilitator for assessing innovation potential and creating business models: a case study from the i3 project

Author

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  • Bellini Francesco

    (Eurokleis srl/ International Telematic University UNINETTUNO, Roma, Italy)

  • Dulskaia Iana

    (Eurokleis srl / University La Sapienza - Dept. of Management, Roma, Italy)

Abstract

Many ideas flow into the innovation funnel but only 1 out 3000 becomes a successful new product. There are many variables that interact in this complex process and investors decisions are often based on experience and feeling rather than a comprehensive evaluation of the social, economic and technological factors. The innovation potential, the innovator capability, the accessibility of the technology as well as the social acceptance and the chosen business model are the some of the critical factors of a successful innovation strategy. In the broad sense, a business model is the approach of doing business through which a company can sustain itself and generate profits in the long term. Digital platforms can help manage and facilitate the complexity of value propositions and provide an immediate feedback to the entrepreneur. Creating value is necessary, but not sufficient, for an organization to profit from its business model. It is important to see the whole picture of the business that is why the business models are so important for a good start of the business. However, innovation assessment and business model development sometimes are not an easy task and ICT can make this process easier. Then, the aim of this paper is to explore the role of digital platforms as facilitators for the techno-socio-economic impact assessment and the development of sustainable business models through the analysis of a case study from the EU Horizon 2020 “i3 project”.

Suggested Citation

  • Bellini Francesco & Dulskaia Iana, 2017. "A digital platform as a facilitator for assessing innovation potential and creating business models: a case study from the i3 project," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 11(1), pages 982-993, July.
    • Handle: RePEc:vrs:poicbe:v:11:y:2017:i:1:p:982-993:n:103
    DOI: 10.1515/picbe-2017-0103
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    References listed on IDEAS

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    1. Antonella Passani & Francesca Spagnoli & Francesco Bellini & Alessandra Prampolini & Katja Firus, 2016. "Collective Awareness Platform for Sustainability and Social Innovation (CAPS)," Lecture Notes in Information Systems and Organization, in: Cecilia Rossignoli & Mauro Gatti & Rocco Agrifoglio (ed.), Organizational Innovation and Change, edition 1, pages 103-114, Springer.
    2. Giuditta De Prato & Daniel Nepelski & Giuseppe Piroli, 2015. "Innovation Radar: Identifying Innovations and Innovators with High Potential in ICT FP7, CIP & H2020 Projects," JRC Research Reports JRC96339, Joint Research Centre.
    3. Antonella Passani & Fabiana Monacciani & Shenja Van Der Graaf & Francesca Spagnoli & Francesco Bellini & Marie Debicki & Paolo Dini, 2014. "SEQUOIA: A methodology for the socio-economic impact assessment of Software-as-a-Service and Internet of Services research projects," Research Evaluation, Oxford University Press, vol. 23(2), pages 133-149.
    4. Alnoor Ebrahim & V. Kasturi Rangan, 2010. "The Limits of Nonprofit Impact: A Contingency Framework For Measuring Social Performance," Harvard Business School Working Papers 10-099, Harvard Business School.
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