Developing Life Cycle Oriented Innovations within the Turbulent Business Environment

摘要: Generating successful innovations is a key factor for companies to survive within today’s business environment in the long term. When developing new products and processes integrated perspective on their whole life cycle gets increasingly important nowadays various reasons. The last couple of years showed several examples that did not enfold full potential or even work at all. However, these failures can really be explained through previous innovation research. Therefore, Life Cycle Innovation framework proposed this paper which shall integrate extend approaches holistic description model. Different phases are practically represented by different actors an extended supply chain network – system identified as most relevant development innovations. Whereas additionally strongly influenced external factors, each one involved has specific requirements regarding all system. To avoid unforeseen tap urgently have considered early possible process. Idealistically could lead effects potentially resulting more better with less resource input. validate ideas derive recommendations design optimal strategies theoretical was transferred simulation approach next step. Based model first experiments were also conducted.