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A Tool For Designing Business Model Innovations, Arcot Desai Narasimhalu
A Tool For Designing Business Model Innovations, Arcot Desai Narasimhalu
Arcot Desai NARASIMHALU
There is a steady stream of business model innovations created to deliver value to customers using new approaches. Famous examples of business model innovations have been Amazon, Dell computers and Starbucks. Several other examples of business model innovations have been created across industries and reported in popular and academic forums. Osterwalder and Pigneur had defined a business model canvas as a framework for analysing business models. They had defined nine key subcomponents of a business model. Companies and individual entrepreneurs who wish to create business model innovations are still deploying trial and error approaches to discovering new business models. There …
An Extensible Framework For Selecting Incremental Innovations, Arcot Desai Narasimhalu
An Extensible Framework For Selecting Incremental Innovations, Arcot Desai Narasimhalu
Arcot Desai NARASIMHALU
There are several innovation methodologies reported in the literature starting from simple concepts such as technology push and market pull all the way to Disruptive innovation. Almost all these methods do not provide for customizability and extensibility. The method described in this paper is called Quick and Dirty Innovation Method or QaDIM in short to represent the fact that the method can be used rather easily to identify incremental innovation opportunities. The paper will first describe the basic concept, and then proceed to give a sample framework before proceeding to describe the extensibility. The method allows firms and individuals to …
A Quality Metric For Sustainable Innovations, Arcot Desai Narasimhalu
A Quality Metric For Sustainable Innovations, Arcot Desai Narasimhalu
Arcot Desai NARASIMHALU
Sustainability has become a major concern for nations and firms especially since the Kyoto Protocol was defined in 1997. While there have been several studies on benchmarks for national innovation systems and effectiveness of innovation management within firms there is as yet no reasonable metric for determining the quality of an innovation much less its quality relating to sustainability? Similarly, there have been several studies on sustainability but that such research groups have also not focused on developing a metric for denoting the quality of sustainable innovations. This paper offers a metric that defines the quality of an innovation, especially …
Innovation Engine, Arcot Desai Narasimhalu
Innovation Engine, Arcot Desai Narasimhalu
Arcot Desai NARASIMHALU
This paper describes a meta-model for innovation using an automobile engine as a metaphor. This innovation meta-model is used to manage a collection of innovation models. We develop an algorithm to identify innovations with potential for success using this meta-model. This meta-model can be used by corporations and individuals to identify plausible innovations at any given point in time.
Innovation Stack - Choosing Innovations For Commercialization, Arcot Desai Narasimhalu
Innovation Stack - Choosing Innovations For Commercialization, Arcot Desai Narasimhalu
Arcot Desai NARASIMHALU
This paper describes a method for enterprises to order the innovations of interest according to a number of parameters including their own business strategy and core competencies. The method takes into account aspects such as ability to create entry barriers and complementary assets. Enterprises can now use this method to both filter out innovations that may not be of interest to them and then order the short listed or selected innovations according to their attractiveness.