EURIDICE - Intelligent Cargo Innovation Management as Part of an R&D Project

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EURIDICE - Intelligent Cargo Innovation Management as Part of an R&D Project Prof. Dr. Bernhard R. Katzy, CeTIM 4th European Conference on ICT 4 transport logistics Thessaloniki, GR Oct 12-14 2011, 10.30 am to 3.00 pm EURIDICE Consortium 2011 1

Innovation Management the GAP» From Research to Research & Innovation EU Research Program Assessment & EU Innovation Score Board identified that Tangible outcomes of R&D projects is not sufficient R&D often is not relevant, not driven by a need Innovation & Growth capabilities are insufficient Strategic focus is put on innovation and Renamed DG research into DG Research and Innovation Involves industry in definition of programs and execution (e.g. PPP) EURIDICE pioneered systematic innovation management introduced P 3 Business Impact 2

How could we do better? 3

Innovation Management» Concurrent Research, Development, and Innovation = IP EURIDICE Business Impact Approach Concurrent development of technology (P1), user involvement (P2), and business development / innovation (P3) Dedicated tasks on business modeling, process analysis, performance indicators to introduce business thinking Coordination across projects Outcome and Learnings Today s business models / business plans delivered V Model for Project Management failed to provide coordination Challenge of combination of fields of knowledge from engineering, logistics operation, and business development 4

Innovation Management» The role of P 3 - revisited P 3 did act as a process facilitator... provided methodological expertise» structure for the innovation process» business (process) analysis methods» Innovation / Living Lab infrastructure Provided management capacity into technology focused teams» Business Planning» Organizational analysis Supported the business development process» Business case definition and evaluation» Target market evaluation Supported the venture creation process for new products» only rudimentary excercised within EURIDICE 5

Innovation Management» Demand Side of Innovation: User, Customer, Market & Growth Focus Growth Focus - Surviving the value of death - Venture (not R&D) financing Future Potential: Increase Capabilities Overcome Smuggler Feeling Business Creation - Start-Up of new Ventures - Creation of Business Units within Firms Customer orientation - Value propositions User Involvement - Living lab & real life pilots 6

Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations. 7

Innovation Management» Innovation Intermediaries as innovation process coordinators Performance Indicators: Innovation Management (inside Industrial Customers) Innovation Governance Innovation Policies Co- Creation Business Environment Regional Innovation System Services (involvement of knowledge institutions, SME) Increase success rates (Reduce Failure Rates) Increase speed Increase outcome quality Entrepreneurship / Venture Creation (launch of new ventures) 8

Thank You Contact: Prof. Dr. Bernhard R. Katzy Prof.Katzy@CeTIM.org 9