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Imagine a world in which the search for tomorrow's trends of (software) products is not subject to a long and laborious data search but is possible with a single mouse click. Through the use of artificial intelligence (AI), this reality is made possible and is to be further advanced through research. The study therefore aims to provide an initial overview of the young research field. Based on research, expert interviews, company and student surveys, current application possibilities of AI in the innovation process (defined as Smart Innovation), existing challenges that slow down the further development are discussed in more detail and future application possibilities are presented. Finally, a recommendation for action is made for business, politics and science to help overcome the current obstacles together and thus drive the future of Smart Innovation.
Imagine a world in which the search for tomorrow's trends is not subject to a long and laborious data search but is possible with a single mouse click. Through the use of artificial intelligence (AI), this reality is made possible and is to be further advanced through research. The study therefore aims to provide an initial overview of the young research field. Based on research, expert interviews, company and student surveys, current application possibilities of AI in the innovation process (defined as Smart Innovation), existing challenges that slow down the further development are discussed in more detail and future application possibilities are presented. Finally, a recommendation for action is made for business, politics and science to help overcome the current obstacles together and thus drive the future of Smart Innovation.
A closed-loop control for a cooperative innovation culture in interorganizational R&D projects
(2022)
Since project managers only have a limited authority in interorganizational R&D projects a cooperative innovation culture is essential for team cohesion and thus for achieving project scope in time and cost. For its development different factors depending on underlying values are essential. These factors must be learned iteratively by the project members so that they are living the values of a cooperative innovation culture. Hence, this paper raises the following research question: “How to control living the values of a cooperative innovation culture in interorganizational R&D projects?” To answer this question, a closed-loop control for a cooperative innovation culture is developed. The developed closed-loop control system includes several different functional units which show essential roles and several different variables which show what to consider and design in the control system. In addition, the developed closed-loop control system is generalized for other types of projects such as intraorganizational projects.
Internet of things innovations and the industrial internet these days become more and more decisive factors of future success for companies. Especially manufacturing oriented SME will face the challenge to develop innovative technology driven business models alongside technology innovations in this field which will be essential for future competitiveness. Failing in developing these technology driven business models in an internationally highly competitive environment will have a serious impact both on companies and on the society. Hence, securing economic stability and success of these technology driven business models is an indispensable task. To identify challenges for innovative industrial internet business models first it is necessary to understand what the industrial internet means to the leading parties and applying companies and start-ups in the field. Second, challenges from general business model development will be outlined. In a third step risks and challenges in business model development will be discussed with regard to the special characteristics of technology driven business models in the context of the industrial internet and the important role of the technological key component of the business model. Especially the capability to deal with an integrated consideration of the indivisible linked dimensions of economic and technological aspects of these business models is questioned. In the fourth place the specific challenges for industrial internet business models are derived. On the basis of these results it is also discussed what might be done to handle these challenges successfully with the goal to turn them into chances. The need for future research on the integration of the risk management perspective into the development of these technology driven business models is derived. This will help established companies and start-ups to realize great technological innovations for the industrial internet in sound and successful innovative business models.