IDEAS home Printed from https://ideas.repec.org/a/wsi/ijitmx/v07y2010i03ns0219877010002008.html
   My bibliography  Save this article

Technology And Innovation Radars: Effective Instruments For The Development Of A Sustainable Innovation Strategy And Successful Product Launches

Author

Listed:
  • JULIUS GOLOVATCHEV

    (Detecon International GmbH, Oberkasseler Str. 2, D-53227 Bonn, Germany)

  • OLIVER BUDDE

    (Research Institute for Operations Management, Aachen University, Pontdriesch 14/16, D-52062 Aachen, Germany)

  • DANIEL KELLMEREIT

    (Detecon Inc., 128 Spear Street, San Francisco, CA 94105, USA)

Abstract

This paper summarizes many years of experience in process design and methodology implementation for sustainable innovation development as carried out by the authors within several innovation projects in different industries (e.g. fixed and mobile telecommunications, high tech, logistics). We have developed a research innovation approach which provide effective innovation intelligence and scouting through the use of technology and innovation radars. These instruments enable the identification and evaluation of emerging business and technology trends, provide an overview of the relative maturity and assess their relevance to the company. A rating mechanism helps companies to decide when to adopt an innovation and to develop new products and services. Furthermore, the technology and innovation radars are good strategic tools for early stage identification and prioritization in order to give an approximate value judgment without detailed return-on-investment justifications. In later stages of the planning process, the radar tools can be used as a high-level summary of an underlying prioritization process.

Suggested Citation

  • Julius Golovatchev & Oliver Budde & Daniel Kellmereit, 2010. "Technology And Innovation Radars: Effective Instruments For The Development Of A Sustainable Innovation Strategy And Successful Product Launches," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 7(03), pages 229-236.
    • Handle: RePEc:wsi:ijitmx:v:07:y:2010:i:03:n:s0219877010002008
    DOI: 10.1142/S0219877010002008
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0219877010002008
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0219877010002008?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Eram Abbasi & Imran Amin & Shama Siddiqui, 2022. "Towards developing innovation management framework (IMF) for ICT organizations at Pakistan," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-23, December.
    2. Kerr, Clive & Phaal, Robert, 2018. "Directing the technology intelligence activity: An ‘information needs’ template for initiating the search," Technological Forecasting and Social Change, Elsevier, vol. 134(C), pages 265-276.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:ijitmx:v:07:y:2010:i:03:n:s0219877010002008. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ijitm/ijitm.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.