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Idea Assessment and Selection in Product Innovation: The Empirical Research Results
University of Zagreb, Faculty of Mechanical Engineering and Naval Architecture, Zagreb, Croatia.
University of Zagreb, Faculty of Mechanical Engineering and Naval Architecture, Zagreb, Croatia.
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Innovation and Design.ORCID iD: 0000-0001-9700-008X
Number of Authors: 3
2016 (English)In: Technical Gazette, ISSN 1330-3651, E-ISSN 1848-6339, Vol. 23, no 6, 1707-1716 p.Article in journal (Refereed) Published
Abstract [en]

The process of innovation takes significant resources, and therefore it is of great importance for companies to recognize the ideas with high innovation capacity as early as possible, and in a transparent manner, with the least necessary amount of expert knowledge. Current research indicates that companies often carry out the selection of ideas ad hoc or intuitively, and that only a small number of companies have defined the methods for ideas assessment and evaluation. In doing so, such problems as imprecise definition of the variables used in the evaluation process of the innovation capacities of ideas, undefined metrics and interaction variables will arise. In order to determine the practical points of view in this area, a study was conducted in the form of a survey on a representative sample of Croatian companies which have product innovation in their production program. The survey is aimed at determining what motivates companies to innovate, and the ways in which companies carry out the assessment and selection of ideas. Through a thorough study of the literature, a set of variables that are commonly used in the idea capacities assessment for product development have been defined, and the survey tried to establish the practical significance of individual variables for the participants of the process. This paper presents the results of the study.

Place, publisher, year, edition, pages
2016. Vol. 23, no 6, 1707-1716 p.
Keyword [en]
Innovation Management, Product Development, Front-End of Innovation, Idea Management, Idea Evaluation and Selection
National Category
Other Engineering and Technologies not elsewhere specified
Research subject
Product Innovation
Identifiers
URN: urn:nbn:se:ltu:diva-60652DOI: 10.17559/TV-20151103120545OAI: oai:DiVA.org:ltu-60652DiVA: diva2:1049242
Projects
MINMED- Models and Methods of Innovation Management in Complex Engineering Systems Development (www.minmed.org)
Note

Validerad; 2016; Nivå 2; 2016-12-03 (kribac)

Available from: 2016-11-24 Created: 2016-11-24 Last updated: 2016-12-03Bibliographically approved

Open Access in DiVA

The full text will be freely available from 2017-01-01 08:19
Available from 2017-01-01 08:19

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Publisher's full texthttp://www.tehnicki-vjesnik.com/web/public/archive

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