Fast-Track Innovation and Commercialization: Tools and Techniques

✍ Scribed by Biplab Kumar Datta

• Publisher: Springer
• Year: 2023
• Tongue: English
• Leaves: 170
• Category: Library

✦ Synopsis

This book discusses innovation and invention. It introduces innovation, the innovation eco-system needed in company to succeed in innovation, the need for innovation and its timing with respect to the product life cycle. It shows how to develop innovation strategy  and get ready for product development, the management of innovation processes from the concept phase to commercialization and supplies practical tools and techniques for achieving success in complex, fast-track technology development projects.

In today’s world of fast-paced innovation from all corners of the world, technology is getting obsolete much faster than it was 50 years ago. In order to match the fast-evolving market demand and evolution of technology, one needs to innovate much faster. The whole process of developing technology/product/services from concept phase to prototyping to series production and commercialization has to happen in a very structured way so that the process is not only fast-track and lean but also very efficient. 

The methodology presented in the book has been applied in many real-life projects. The book will be of interest to professionals in business and technology as well as students.

✦ Table of Contents

Preface
Introduction
References
Contents
List of Figures
List of Tables
1 Innovation and Innovation Ecosystem
1.1 Innovation
1.1.1 Defining Innovation
1.1.2 Defining Invention
1.1.3 Sustainable Innovation
1.1.4 Driving Force Behind Innovation
1.1.5 Classification of Innovation Activities
1.1.6 Accidental Innovation
1.2 Innovation Ecosystem in Corporate World
1.2.1 Creating Strategic Innovation Agenda
1.3 Innovation Ecosystem for Start-Ups
1.3.1 Funding and Valuation of a Start-Up
References
2 Strategic Technology Development Process
2.1 Red Ocean Versus Blue Ocean Strategy
2.2 Value Creation
2.3 Product Life Cycle and Importance of Innovation Management
2.4 Pricing Strategy
2.5 Communication of Value Proposition
2.6 Technology Strategy and Roadmap
2.6.1 Creating Technology Roadmap
2.6.2 Defining the Problem/Challenge
2.6.3 Disclosure of Invention
2.6.4 Intellectual Property (IP)
2.6.5 Patenting Process
2.6.6 Patenting or Keeping Innovation Secret
2.6.7 Non-disclosure Agreement
2.6.8 Market/IPR Assessment
2.6.9 Time to Market
2.7 Business Model and Business Model Canvas (BMC)
References
3 Managing Technology Development
3.1 Technology Readiness Level (TRL)
3.2 Customer Acceptance Level (CAL)
3.3 Managing Creative People
3.4 Why a Process is Needed
3.5 Concurrent Engineering and Its Benefits
3.6 Industrializing Innovation Process—Chinese Way [8]
References
4 Systems Engineering Approach
4.1 Systems Engineering Management
4.2 The Development Process and System Requirements
4.2.1 Concept Development
4.2.2 Function Means Analysis
4.2.3 Process of Creating Systems Requirement Document
4.2.4 Requirements Analysis
4.2.5 Types of Requirements
4.2.6 System Requirements Document
4.2.7 Requirements Verification Matrix
4.2.8 System Design Document
4.3 Technology Development Using Systems Engineering Process
4.4 Impact of Systems Engineering on Quality and Schedule—A Case Study
References
5 Systems Engineering Best Practice and Useful Tools
5.1 Systems Engineering Best Practice
5.1.1 Qualification of New Technology
5.1.2 Decision Making Tool
5.2 Risk Management
5.3 Fast Track Technology Development Process
5.4 Lean Process in Technology Development
5.5 Some Challenges
References
6 Key to Successful Fast Track Innovation
6.1 Overview of Product/Technology Development Process
6.2 Commercialization and Its Importance
6.2.1 Commercialization Pathways
6.3 A Few Words for Start-Ups
Reference
Appendix A Disclosure of Invention
Appendix B Mutual Non-disclosure Agreement
Appendix C Business Model Canvas
Appendix D System Requirements Document
D.1 Scope
D.1.1 Identification
D.1.2 Document Overview
D.1.3 Definitions and Abbreviations
D.2 References
D.2.1 Document History
D.3 System Description
D.3.1 Business
D.3.2 Initial Need
D.3.3 Stakeholder Requirements
D.3.4 Context
D.3.5 Interfaces
D.3.6 Stakeholders
D.3.7 Use Cases
D.3.8 Operational Modes
D.3.9 States
D.3.10 Load Scenarios
D.3.10.1 External Impact
D.3.10.2 Operational
D.4 Requirements Specification
D.4.1 Functional
D.4.1.1 SW Version Retrievable
D.4.1.2 System Status Monitoring
D.4.1.3 Configuration of System Parameters
D.4.1.4 SW Upgrade
D.4.1.5 Hot-Swap
D.4.1.6 Hot Swap XXX Computer
D.4.1.7 Log Key System Events
D.4.2 Non Functional
D.4.2.1 Performance/Capability
Battery Capacity (UPS)
D.4.2.2 Safety, Health, Environmental Protection
Operator Safety—Sharp Edges
Operator Safety—Squeezing
Battery Removal
D.4.2.3 Quality
Single Point of Failure
Redundant Power Supply
Redundant Communication Lines
Maintenance—Online
Ease of Access
D.4.2.4 Law, Regulation, Standard
D.4.2.5 Metrics (Dimension, Weight Etc.)
Weight
Build Space for Equipment—Instrument Room
D.4.2.6 External Interface
Lifting Points
Power Supply from xxx
D.4.2.7 Environmental Properties
Electro Magnetic Compatibility (EMC)
Electrical Noise
Temperature Range—Operation
Temperature Range—Storage
Enclosure Protection—IP Code
D.4.2.8 Materials
Material Corrosion
Tools
Material Degradation
Hazardous Materials
RoHS—Restriction of Hazardous Substances Directive
D.4.2.9 Design and Construction
Tagging of Unit
SW Components—Compatibility
Protection Against Entanglement
Use COTS Components
Ease of Assembly/Disassembly
Replaceable Units
Fail-Safe Priority
D.4.2.10 Human Factors
Outdoor User Interface—Readability
D.5 Verification
D.6 Traceability
Appendix E System Requirement Document Template
E.1 Scope
E.1.1 System Identification
E.1.2 System Overview
E.1.3 System Requirements Document Overview
E.2 Applicable Documents
E.2.1 General
E.2.2 Government Documents
E.2.2.1 Specifications, Standards, and Handbooks
E.2.2.2 Other Government Documents, Drawings, and Publications
E.2.3 Non-government Publications
E.2.4 Order of Precedence
E.3 Requirements
E.3.1 Required States and Modes
E.3.2 System Capability Requirements
E.3.2.1 System Capability
E.3.3 System External Interface Requirements
E.3.3.1 Interface Identification and Diagrams
Interface Diagram
E.3.3.2 Project Unique Interface Identifier
E.3.4 System Internal Interface Requirements
E.3.5 System Internal Data Requirements
E.3.6 Adaptation Requirements
E.3.7 Safety Requirements
E.3.8 Security and Privacy Requirements
E.3.9 System Environment Requirements
E.3.10 Computer Resource Requirements
E.3.10.1 Computer Hardware Requirements
E.3.10.2 Computer Hardware Resource Utilization Requirements
E.3.10.3 Computer Software Requirements
E.3.10.4 Computer Communications Requirements
E.3.11 System Quality Factors
E.3.12 Design and Construction Constraints
E.3.13 Personnel Related Requirements
E.3.14 Training Related Requirements
E.3.15 Logistics Related Requirements
E.3.16 Other Requirements
E.3.17 Packaging Requirements
E.3.18 Statutory, Regulatory, and Certification Requirements
E.3.18.1 Statutory Requirements
E.3.18.2 Regulatory Requirements
E.3.18.3 Certification Requirements
E.3.19 Precedence and Criticality of Requirements
E.3.20 Demilitarization and Disposal
E.4 Verification Provisions
E.4.1 Verification Methods
E.4.1.1 Demonstration
E.4.1.2 Test
E.4.1.3 Analysis
E.4.1.4 Inspection
E.4.1.5 Special Verification Methods
E.5 Requirements Traceability
E.5.1 Traceability to Capability Document or System Specification
E.5.2 Traceability to Subsystems Requirements
E.6 Appendix Section
E.6.1 Appendix A—Acronyms and Definitions
E.6.2 Appendix B—Key Performance Parameters/Key System Attributes
E.6.3 Appendix C—Requirements Traceability Matrices
E.6.4 Appendix D—Verification Matrices
Appendix F A3 Template
Appendix G Risk Register
Index