Datta Fast-Track Innovation and Commercialization: Tools and Techniques

1. Auflage 2023
ISBN: 978-3-031-30375-3
Verlag: Springer International Publishing
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 161 Seiten, eBook

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.

Zielgruppe

Professional/practitioner

Autoren/Hrsg.

Datta, Biplab Kumar

Inhaltsverzeichnis

List of figures 
List of tables 
Preface 
Acknowledgements Introduction 
1. Innovation & Innovation ecosystem 1.1 Innovation  Defining Innovation Defining invention Sustainable innovation Driving force behind Innovation Classification of Innovation Activities Accidental innovation 1.2 Innovation ecosystem in corporate world  Creating strategic innovation agenda 1.3 Innovation ecosystem for start-ups Funding & Valuation of a Startup 
2. Strategic technology development process 2.1. Red ocean vs. blue ocean strategy 2.2. Value creation 2.3. Product life cycle & importance of innovation management 2.4. Pricing strategy 2.5. Communication of Value proposition2.6. Technology strategy & roadmap Creating Technology Roadmap Defining the problem/Challenge Disclosure of invention Intellectual property (IP)Patenting process Patenting or keeping innovation secret Non-disclosure agreement Market/IPR assessment  Time to Market 2.7. Business model and Business model canvas (BMC)  
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 & its benefits  3.6. Industrializing Innovation process – Chinese way (43) 
4. Systems engineering approach 4.1. Systems engineering management 4.2. The development Process & System requirements Concept development Function means analysis  Process of Creating Systems Requirement Document  Requirements AnalysisTypes of Requirements Systems Requirement Document  Requirements Verification Matrix  System design document 4.3. Technology development using systems engineering process 4.4. Impact of Systems Engineering on Quality and Schedule – a case study 
5. Systems engineering best practice & useful tools 5.1. System engineering best practice Qualification of new technology 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 
6. Key to successful fast track innovation 6.1 Overview of product/technology development process 6.2 Commercialization & its importance  Commercialization pathways 6.3 A few words for Start-ups References Appendix A - Disclosure of Innovation Appendix B – Mutual Non-disclosure Agreement Appendix C – Business Model Canvas Appendix D – System Requirement DocumentAppendix E – System Requirement Document template Appendix F – A3 Template Appendix G – Risk Register

Über Autor(innen)

Dr. Biplab K Datta is a mechanical engineer and has very wide industrial experience across various sectors of industry in India. He was an assistant professor at ISM (now IIT), Dhanbad, India before moving to Norway being invited to join Tel-Tek  (Now SINTEFF) at Porsgrunn. In Norway, he worked with applied research in the field of powder technology and developing technology for process industry. He was also teaching at HiT (now University of South Norway) as a professor in powder technology. During his tenure at Porsgrunn, he collaborated with oil and gas sector industries for new technology development. Dr. Datta has been an inventor in three patents in collaborative innovation work with companies like National Oilwell, Statoil (Equinor), Rolls Royce Marine, etc. He has several publications in international peer reviewed journals and conferences. 

As a program manager at Kongsberg Devotek, Dr. Datta has managed several multi-discipline technology development (often with revolutionary technology) projects for the oil and seismic sectors industries (for customers like Statoil (Equinor), Hydro Oil & Gas, Fugro, etc.) from concept development to commercialization, which has resulted in several patents also. The author had the privilege of leading a few game-changing technology development projects related to subsea electrification in Norway for the oil industry and automatization for the seismic industry. Autonomous snow plough machine (now commercially available in Norway) started as a student project developing the concept under the author’s management. Dr. Datta has also worked as the head of Patent and Innovation in a patent company in Norway.

Dr. Datta is currently working as the director for Innovation at NILU (Norwegian Institute for Air Research) in Norway. Dr Datta is a 'Standards Norway' expert member of Norwegian National Committee for Innovation Management. He is also a member of Norwegian National Committee for the investigation of misconduct in research.