Towards a framework for innovations Online publication date: Sat, 27-Sep-2014
by Pradeep Waychal, R.P. Mohanty, Ajit Verma, Abhishek Chatterjee
International Journal of Business Excellence (IJBEX), Vol. 4, No. 5, 2011
Abstract: In this paper an innovation framework – an organic system consisting of different stages of innovation process, a repository of innovations and requirements from individuals and ecosystem – has been formulated. The innovation process has multiple interrelated, mutually supportive stages that cover distinct aspects of innovation and, they are creative thinking, idea screening, idea development and value delivery. The paper delves deeper into the value delivery stage and has proposed a focal structure governed by Deming/Shewhart PDCA cycle and is illustrated by using real life data collected from a variety of organisations. Affinity diagram is used as a primary technique to provide levers and anti levers for a given type of innovation in the structure. Artificial neural network technique has been used to prove correctness of the framework. The framework has the potential to analyse the outcomes of innovations and to synthesise levers and anti levers for facilitating the execution of innovations of different types.
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