A Business Perspective on IP: Open Innovation vs. Open Source in Commercializing Biotechnology

2013 ◽  
Vol 19 (2) ◽  
Author(s):  
Arthur A. Boni
Keyword(s):  
Life Cycle ◽  
Open Innovation ◽  
Component Software ◽  
Software Products ◽  
Business Perspective ◽  
Long Life ◽  
Capital Intensive ◽  
Opening Up ◽  
Wide Dissemination ◽  
Commercial Introduction

Abstract – In this article, we address the issues that are involved when developing a strategy for commercializing a discovery that is novel, useful, and non-obvious to someone skilled in the art.  Patent(s) may be used as one means of providing a competitive advantage, and in addition this method is quite common as a means to monetize the intellectual asset.  Alternatively, a more “open-source” method may be employed as is more typical in dealing with software products or services – thereby opening up the field to collaboration and widespread use.  However, other means must then be developed to monetize the asset whether it involves a “hardware” component, software, or both. We argue that to answer these questions, one needs to be very strategic in framing the business model that would be most successful in commercializing the particular discovery keeping in mind that wide dissemination of the innovation is the objective. We focus on issues prevalent for innovation in biopharma, medtech, and medical IT, where high risk, long life cycle, capital-intensive investments are required for commercial introduction.

Innovation and Corporate Social Responsibility in SMEs

2015 ◽  
Vol 808 ◽  
pp. 359-363
Author(s):  
Cristina Feniser ◽  
Florin Lungu
Keyword(s):  
Corporate Social Responsibility ◽  
Life Cycle ◽  
Open Innovation ◽  
Social Goals ◽  
New Approach ◽  
Rational Management ◽  
Corporate Social ◽  
Qualitative Exploration ◽  
Whole Life Cycle ◽  
The Relationship

So far little attention has been given the differences or the compatibilities between CSR and innovation. Few works treats CSR in combination with innovation. What exactly is the relationship between CSR and innovation? Recent phenomena such as open innovation is based on the concept that the stakeholder's dialogue that overlaps with some dimensions of CSR. Being innovative means to bring organizational and technical improvements which will translate into a better position in the market. These improvements don't just aim the product, but the process by which it is obtained and its whole life-cycle. We're talking about a new approach to innovation, namely its orientation towards sustainability. Although SMEs have many features which facilitate implementation of CSR, activities of this type in such organizations are still limited. SMEs managers often make choices that are related to rational management. This leads to divergence between economical and social goals. Through a qualitative exploration of the concepts of CSR and innovation, we wanted to find out from some managers whether there is a link between innovation and CSR in SMEs and whether the activities corresponding to the two concepts overlap in a certain measure.

scholarly journals Risk-Informed Performance-Based Metrics for Evaluating the Structural Safety and Serviceability of Constructed Assets against Natural Disasters

2021 ◽  
Vol 13 (11) ◽  
pp. 5925
Author(s):  
Nuno Marques de Almeida ◽  
Maria João Falcão Silva ◽  
Filipa Salvado ◽  
Hugo Rodrigues ◽  
Damjan Maletič
Keyword(s):  
Life Cycle ◽  
Built Environment ◽  
Natural Disasters ◽  
Evaluation Criteria ◽  
Design Methods ◽  
Structural Safety ◽  
Building Structures ◽  
Natural Agents ◽  
Long Life ◽  
Physical Asset

The tangible and intangible value derived from the built environment is of great importance. This raises concerns related to the resilience of constructed assets to both human-made and natural disasters. Consideration of these concerns is present in the countless decisions made by various stakeholders during the decades-long life cycle of this type of physical asset. This paper addresses these issues from the standpoint of the engineering aspects that must be managed to enhance the structural safety and serviceability of buildings against natural disasters. It presents risk-informed performance-based parameterization strategies and evaluation criteria as well as design methods to embed differentiated levels of structural safety and serviceability of buildings against wind, snow, earthquakes and other natural agents. The proposed approach enables designers to assure the resilience and reliability of building structures against natural risks.

scholarly journals The Open Innovation Model of Coaching Interaction in Organisations for Sustainable Performance within the Life Cycle

2018 ◽  
Vol 10 (10) ◽  
pp. 3516 ◽  
Author(s):  
Angelina Roša (Rosha) ◽  
Natalja Lace
Keyword(s):  
Life Cycle ◽  
Open Innovation ◽  
Growth And Development ◽  
Driving Forces ◽  
Life Cycle Stage ◽  
Sustainable Growth ◽  
Business World ◽  
Sustainable Performance ◽  
Life Cycle Stages ◽  
Innovation Model

Organizations need innovation to be competitive and sustainable on their marketplace. Sustainable performance is an important precondition for growth and development. In spite of a body of literature, non-financial factors of sustainable performance remain an open issue. Coaching has gained considerable attention in the business world for its impact on sustainable performance. The current research investigates the use of coaching interaction to facilitate organizational sustainable growth and development in the context of Miller and Friesen’s five stage life-cycle model. The expert opinion survey is chosen as a central method of research. The questionnaire is developed on the literature review that is focused on the drivers for sustainable development throughout the life cycle, and the features of coaching that accelerate these driving forces. Fifteen experts took part in the survey conducted from November 2017 to January 2018. The results are estimated by considering the competence coefficient for each expert. The findings led to creation of an open innovation model, which displays relationships between the appropriate coaching forms and types and the organizational life cycle stages. The developed model enables choosing the optimal way of coaching delivery at any life cycle stage. This model is particularly valuable for the coaching support programs.

scholarly journals Life Cycle System Aiming at a Long Life Product : Environmental Assessment of Reuse Parts

2004 ◽  
Vol 2004.14 (0) ◽  
pp. 455-458
Author(s):  
Katsuya NAGATA ◽  
Makoto NOTOMI ◽  
Hiroshi ONODA ◽  
Shinsaku KOSUGE ◽  
Koji SATO ◽  
...  
Keyword(s):  
Life Cycle ◽  
Environmental Assessment ◽  
Cycle System ◽  
Long Life ◽  
Life Cycle System

scholarly journals Methodological Aspects of the Use of Software in the Teaching of Engineering Disciplines: Tasks, Problems and Prospects

2020 ◽  
Vol 35 ◽  
pp. 04020
Author(s):  
Irina K. Romanova
Keyword(s):  
Active Role ◽  
Project Approach ◽  
Approach To Learning ◽  
Software Application ◽  
Software Products ◽  
Integrated Software ◽  
Methodological Aspects ◽  
Competent Self ◽  
Opening Up

The main directions of improving training that can be achieved as part of the introduction of new software in the teaching of engineering disciplines are considered. The necessity of ensuring the continuity of training within the framework of a unified concept of using software tools is noted. The analysis of needs in the formation of new competencies based on the results of a survey of graduate students of BMSTU, and the views of employers, which showed the closeness of the representations of students, teachers and employers. It is noted that the developed software application technologies should guarantee their inextricable link. New approaches to the teaching of engineering disciplines based on computer modeling, which are used in world practice, are considered. Trends in the application of modeling technologies, including the use of integrated software products, are noted. The main modern trends are active training and teamwork, group training. These computer technologies have taken the project approach to learning to a new stage. New software products allow not only the formation of special competencies, but also provide the opportunity to acquire important communication skills. New opportunities for student motivation are opening up. Access to an open electronic educational environment, including open packages of applied engineering design programs allows you to create self-education skills, without which it is impossible for an engineer to work in rapidly changing conditions. The active role of the teacher in effective and competent self-education is noted.

scholarly journals Prediction Markets for Crowdsourcing

2018 ◽  
Author(s):  
Christian Horn ◽  
Marcel Bogers ◽  
Alexander Brem*
Keyword(s):  
Stock Market ◽  
Open Innovation ◽  
Innovation Process ◽  
Business Practice ◽  
Prediction Markets ◽  
Knowledge Sources ◽  
Prediction Market ◽  
Online Platform ◽  
External Knowledge ◽  
Opening Up

Crowdsourcing is an increasingly important phenomenon that is fundamentally changing how companies create and capture value. There are still important questions with respect to how crowdsourcing works and can be applied in practice, especially in business practice. In this chapter, we focus on prediction markets as a mechanism and tool to tap into a crowd in the early stages of an innovation process. The act of opening up to external knowledge sources is also in line with the growing interest in open innovation. One example of a prediction market, a virtual stock market, is applied to open innovation through an online platform. We show that use of mechanisms of internal crowdsourcing with prediction markets can outperform use of external crowds.

scholarly journals A Software System Development Life Cycle Model for Improved Stakeholders’ Communication and Collaboration

2010 ◽  
Vol 5 (1) ◽  
pp. 20 ◽  
Author(s):  
Shalom Cohen ◽  
Dov Dori ◽  
Uzi De Haan
Keyword(s):  
Life Cycle ◽  
System Development ◽  
Time Line ◽  
Software Products ◽  
Software Market ◽  
Development Life Cycle ◽  
Tier System ◽  
Software Product ◽  
Stakeholder Interaction ◽  
Potential Customers

<p>Software vendors and entrepreneurs, who try to introduce an innovative software product to a specific organization or an entire market, enter a long and tedious process. During this process, the market and various organizations evaluate the product from different perspectives, such as software robustness, manufacturer reliability, and corporate need for the product. The vendors and entrepreneurs engaged in this process encounter decision crossroads for which no relevant guidance exists in the literature.<br /> The research closely monitored the processes associated with the introduction and assimilation of an innovative off-the-shelf (OTS) software product into five different organizations in different vertical market segments. Observations were carried out to assess organizational and marketing processes and to document and analyze what the software product undergoes before it is accepted for acquisition or full implementation within the organization.<br /> The research outcomes offer a unified, collaborative multi-tier System Development Life Cycle (SDLC) framework and methodology for packaged OTS software products that greatly improves communication and collaboration among the stakeholders. Each tier addresses a different force or stakeholder involved in the software market: vendor, customer, consultants and integrators. All stakeholders refer to the same time-line thus; tasks of various stakeholders are streamlined. Adherence to the unified time-line brings about an increased amount of stakeholder interaction, communication and collaboration.<br /> Newly found tasks that improve communication and collaboration among stakeholders include (1) offering of the OTS software product together with personnel as a bundle, (2) an improvisation-intensive iterative task of weaving potential customers’ requirements into the prototype, and (3) a third sale milestone, representing the successful diffusion of the product. The significance of this interdisciplinary research stems from its unique position at a crossroad between software engineering, marketing, and business administration, which has not yet been sufficiently explored or cultivated.</p>

ECSE

2014 ◽  
pp. 296-309 ◽  
Author(s):  
Sakgasit Ramingwong ◽  
Lachana Ramingwong
Keyword(s):  
Life Cycle ◽  
Software Development ◽  
Engineering Students ◽  
Major Influence ◽  
Engineering Construction ◽  
Software Products ◽  
Development Life Cycle ◽  
Critical Issues ◽  
Development Processes ◽  
Software Development Life Cycle

Software development is uniquely different especially when compared to other engineering processes. The abstractness of software products has a major influence on the entire software development life cycle, which results in a number of uniquely important challenges. This chapter describes and discusses Engineering Construction for Software Engineers (ECSE), an effective workshop that helps software engineering students to understand some of these critical issues within a short period of time. In this workshop, the students are required to develop a pseudo-software product from scratch. They could learn about unique characteristics and risks of software development life cycle as well as other distinctive phenomenon through the activities. The workshop can still be easily followed by students who are not familiar with certain software development processes such as coding or testing.

An Idea Ontology for Innovation Management

2011 ◽  
pp. 303-321
Author(s):  
Christoph Riedl ◽  
Norman May ◽  
Jan Finzen ◽  
Stephan Stathel ◽  
Viktor Kaufman ◽  
...  
Keyword(s):  
Life Cycle ◽  
Open Innovation ◽  
Innovation Management ◽  
Automatic Analysis ◽  
Modular Approach ◽  
Common Language ◽  
Formal Definition ◽  
Semantic Reasoning ◽  
Core Idea

Exchanging and analyzing ideas across different software tools and repositories is needed to implement the concepts of open innovation and holistic innovation management. However, a precise and formal definition for the concept of an idea is hard to obtain. In this paper, the authors introduce an ontology to represent ideas. This ontology provides a common language to foster interoperability between tools and to support the idea life cycle. Through the use of an ontology, additional benefits like semantic reasoning and automatic analysis become available. Our proposed ontology captures both a core idea concept that covers the ‘heart of the idea’ and further concepts to support collaborative idea development, including rating, discussing, tagging, and grouping ideas. This modular approach allows the idea ontology to be complemented by additional concepts like customized evaluation methods. The authors present a case study that demonstrates how the ontology can be used to achieve interoperability between innovation tools and to answer questions relevant for innovation managers that demonstrate the advantages of semantic reasoning.

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