Innovation Under Uncertainty

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The Uncertainty Mindset

Author : Vaughn Tan
Publisher : Columbia University Press
Page : 296 pages
File Size : 42,5 Mb
Release : 2020-07-28
Category : Social Science
ISBN : 9780231551878

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The Uncertainty Mindset by Vaughn Tan Pdf

Innovation is how businesses stay ahead of the competition and adapt to market conditions that change in unpredictable and uncertain ways. In the first decade of the twenty-first century, high-end cuisine underwent a profound transformation. Once an industry that prioritized consistency and reliability, it turned into one where constant change was a competitive necessity. A top restaurant’s reputation and success have become so closely bound up with its ability to innovate that a new organizational form, the culinary research and development team, has emerged. The best of these R&D teams continually expand the frontiers of food—they invent a constant stream of new dishes, new cooking processes and methods, and even new ways of experiencing food. How do they achieve this nonstop novelty? And what can culinary research and development teach us about how organizations innovate? Vaughn Tan opens up the black box of elite culinary R&D to provide essential insights. Drawing on years of unprecedented access to the best and most influential culinary R&D teams in the world, he reveals how they exemplify what he calls the uncertainty mindset. Such a mindset intentionally incorporates uncertainty into organization design rather than simply trying to reduce risk. It changes how organizations hire, set goals, and motivate team members and leads organizations to work in highly unconventional ways. A revelatory look at the R&D kitchen, The Uncertainty Mindset upends conventional wisdom about how to organize for innovation and offers practical insights for businesses trying to become innovative and adaptable.

Innovation under Uncertainty

Author : Valentina Bosetti,Michela Catenacci
Publisher : Edward Elgar Publishing
Page : 192 pages
File Size : 51,5 Mb
Release : 2015-02-27
Category : Business & Economics
ISBN : 9781782546474

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Innovation under Uncertainty by Valentina Bosetti,Michela Catenacci Pdf

Innovation under Uncertainty presents original research and insights on innovation in carbon-free energy technologies. Valentina Bosetti and Michela Catenacci provide a complete and informative assessment of the current potentials and limits and offer

The Upside of Uncertainty

Author : Nathan Furr
Publisher : Harvard Business Press
Page : 268 pages
File Size : 53,9 Mb
Release : 2022-07-19
Category : Business & Economics
ISBN : 9781647823023

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The Upside of Uncertainty by Nathan Furr Pdf

A science-backed guide for navigating and thriving through uncertainty—based on interviews and insights from world-renowned leaders, innovators, entrepreneurs, artists, and creatives. Whether you're searching for courage to start a new project, change careers, launch a business, develop an idea, or reinvent yourself after a disappointment or life change, you will face uncertainty—that ambiguous and uncomfortable state that often makes us feel confused, anxious, and afraid to act. Though these moments are difficult, they offer opportunities for personal growth, innovation, and creativity. In The Upside of Uncertainty, INSEAD professor Nathan Furr and entrepreneur Susannah Harmon Furr provide a sweeping guide to embracing uncertainty and transforming it into a force for good. Drawing from hundreds of interviews, along with pioneering research in psychology, innovation, and behavioral economics, Nathan and Susannah provide dozens of tools—including mental models, techniques, and reflections—for seeing the upside of uncertainty, developing a vision for what to do next, and opening ourselves up to new possibilities. In our fast-paced, ever-changing world, uncertainty is on the rise. We face it every day. But few of us have been taught the techniques to navigate it well. The Upside of Uncertainty provides the inspiration, tools, and strategies you need to thrive through the inevitable plot twists in your life and career.

Uncertainty in Mechanical Engineering

Author : Peter F. Pelz,Peter Groche
Publisher : Springer
Page : 0 pages
File Size : 44,8 Mb
Release : 2021-05-27
Category : Technology & Engineering
ISBN : 3030772551

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Uncertainty in Mechanical Engineering by Peter F. Pelz,Peter Groche Pdf

This open access book reports on methods and technologies to describe, evaluate and control uncertainty in mechanical engineering applications. It brings together contributions by engineers, mathematicians and legal experts, offering a multidisciplinary perspective on the main issues affecting uncertainty throughout the complete system lifetime, which includes process and product planning, development, production and usage. The book is based on the proceedings of the 4th International Conference on Uncertainty in Mechanical Engineering (ICUME 2021), organized by the Collaborative Research Center (CRC) 805 of the TU Darmstadt, and held online on June 7–8, 2021. All in all, it offers a timely resource for researchers, graduate students and practitioners in the field of mechanical engineering, production engineering and engineering optimization.

Modeling Environment-Improving Technological Innovations Under Uncertainty

Author : Alexander Golub,Anil Markandya
Publisher : Routledge
Page : 346 pages
File Size : 42,5 Mb
Release : 2008-12-08
Category : Business & Economics
ISBN : 9781134041206

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Modeling Environment-Improving Technological Innovations Under Uncertainty by Alexander Golub,Anil Markandya Pdf

This book presents a compendium of methodologies for evaluating the economic impact of technological innovation upon climate-change policy. There is a broad consensus on the key elements of climate-change science and agreement that near-term actions are needed to prevent dangerous anthropogenic interference with the climate system. However, there is little agreement on the costs and benefits of climate policy. Any policy implementation will result in an irreversible but environment-improving investment in alternative technologies; this change will generate immediately-realized costs but significantly-delayed benefits. Hence, a critical element in policy selection is the inherent uncertainty in the climate and economy that can be expected over time.

High-Tech Entrepreneurship

Author : Michel Bernasconi,Simon Harris,Mette Moensted
Publisher : Routledge
Page : 304 pages
File Size : 47,8 Mb
Release : 2013-01-11
Category : Business & Economics
ISBN : 9781136009020

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High-Tech Entrepreneurship by Michel Bernasconi,Simon Harris,Mette Moensted Pdf

High-tech businesses form a crucial part of entrepreneurial activity – in some ways presenting very typical examples of entrepreneurship, yet in some ways representing quite different challenges. The uncertainty in innovation and advanced technology makes it difficult to use conventional economic planning models, and also means that the management skills used in this area must be more responsive to issues of risk, uncertainty and evaluation than in conventional business opportunities. Specifically focusing on the mix of theory and practice needed to accurately inform students, the key topics covered include: uncertainty and innovation entrepreneurial finance marketing technological innovations high-tech incubation management. Including case studies to give practical insights into genuine business examples, this comprehensive book has a distinctly ‘real-world’ focus throughout. Edited by a multi-national team, it draws together leading writers and researchers from across Europe, making it a must-read for all those involved in advanced entrepreneurship with specific interests in high-tech start-ups.

Dynamic Timing Decisions Under Uncertainty

Author : Manh Hung Nguyen,Van Quyen Nguyen
Publisher : Unknown
Page : 307 pages
File Size : 41,9 Mb
Release : 1991
Category : Electronic
ISBN : OCLC:1131103832

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Dynamic Timing Decisions Under Uncertainty by Manh Hung Nguyen,Van Quyen Nguyen Pdf

Modeling Environment-Improving Technological Innovations under Uncertainty

Author : Alexander Golub,Anil Markandya
Publisher : Routledge
Page : 433 pages
File Size : 49,5 Mb
Release : 2008-12-08
Category : Business & Economics
ISBN : 9781134041190

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Modeling Environment-Improving Technological Innovations under Uncertainty by Alexander Golub,Anil Markandya Pdf

The issues of technology and uncertainty are very much at the heart of the policy debate of how much to control greenhouse gas emissions. The costs of doing so are present and high while the benefits are very much in the future and, most importantly, they are highly uncertain. Whilst there is broad consensus on the key elements of climate change science and agreement that near-term actions are needed to prevent dangerous anthropogenic interference with the climate system, there is little agreement on the costs and benefits of climate policy. The book looks at different ways of reconciling the needs for sustainability and equity with the costs of action now. Presenting a compendium of methodologies for evaluating the economic impact of technological innovation upon climate-change policy, this book describes mathematical models and their predictions. The goal is to provide a practitioner’s guide for doing the science of economics and climate change. Because the assumptions motivating different problems in the economics of climate change have different complexities, a number of models are presented with varying levels of difficulty: reduced-form and structural, partial- and general-equilibrium, closed-form and computational. A unifying theme of these models is the incorporation of a number of price and quantity instruments and an analysis of their respective efficacies. This book presents models that contain structural uncertainty, i.e., uncertainty that economic agents respond to via their risk attitudes. The novelty of this book is to relate the effects of risk and risk attitudes to environment-improving technological innovation.

Real Options and Investment Under Uncertainty

Author : Eduardo S. Schwartz,Lenos Trigeorgis
Publisher : MIT Press
Page : 890 pages
File Size : 52,8 Mb
Release : 2004
Category : Business & Economics
ISBN : 0262693186

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Real Options and Investment Under Uncertainty by Eduardo S. Schwartz,Lenos Trigeorgis Pdf

The study of investment under uncertainty was stagnant for several decades until developments in real options revitalized the field. The topics covered in this book include the reasons behind the under-investment programme.

Innovative Forms of Organizing

Author : Andrew M Pettigrew,Richard Whittington,Leif Melin,Carlos Sanchez-Runde,Frans A J van den Bosch,Winfried Ruigrok,Tsuyoshi Numagami
Publisher : SAGE
Page : 443 pages
File Size : 52,6 Mb
Release : 2003-07-17
Category : Business & Economics
ISBN : 9781412933162

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Innovative Forms of Organizing by Andrew M Pettigrew,Richard Whittington,Leif Melin,Carlos Sanchez-Runde,Frans A J van den Bosch,Winfried Ruigrok,Tsuyoshi Numagami Pdf

This book presents novel theoretical ideas and empirical findings where the fields of strategizing and organizing meet. At this boundary lie many of the most crucial theoretical and practical issues for management and managing. Innovative Forms of Organizing, the eagerly awaited sequel to The Innovating Organization (SAGE, 2000), draws upon the comprehensive data sets of the INFORM programme of research, to examine the development of innovative forms of organizing and company performance in organizations across Europe, Japan and the United States. Innovative Forms of Organizing establishes and develops three strong themes: organizing and strategizing; complementarities, change and performance; and the management of dualities in the modern corporation. The book then discusses the implications of its presented ideas for strategizing/organizing in the 21st century firm and the challenges for management researchers of conducting large scale, international comparative research. Innovative Forms of Organizing thereby illustrates 21st Century management research in 21st Century organizations across Europe, Japan and the USA. This seminal international study will be a classic in the field for years to come for scholars and policy makers in academia, business and government who are interested in strategy, organization and international management.

Changing Conversations in Organizations

Author : Patricia Shaw
Publisher : Psychology Press
Page : 214 pages
File Size : 50,6 Mb
Release : 2002
Category : Business & Economics
ISBN : 0415249147

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Changing Conversations in Organizations by Patricia Shaw Pdf

Focusing on the essential uncertainty of participating in evolving events as they happen, this book considers the creative possibilities of such participation from a complexity perspective.

The Dance on the Feet of Chance

Author : Hooman Attar
Publisher : Xlibris Corporation
Page : 334 pages
File Size : 50,6 Mb
Release : 2010-12-02
Category : Reference
ISBN : 9781456806446

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The Dance on the Feet of Chance by Hooman Attar Pdf

Corporations have problems dealing with the indeterminate aspects of innovation, particularly in the early ‘fuzzy front-end’ of the process. They have difficulty in reflecting upon and handling uncertainties of innovation; often exhibiting a ‘dynamic conservatism’ or a set of ‘defensive routines’ that inhibit inquiry about such contentious issues. They prefer, and are better equipped to operate within the ‘language of investment’ than the ‘language of invention’. In the language of investment, corporations select an environmental niche, and attempt to program and fabricate its future according to rational, stable assumptions and formulations. This view is closely bound to a utopian image of risk management as a tool able to objectively map, measure, and monitor future uncertainties that govern the behavior of the chosen niche. By seeking a close and clear fit between risk management solutions (means) and the dominant factors that determine future threats and opportunities to the niche environment (ends), corporations attempt to master risks and colonize the future through an orderly process. It is the argument of this book that this approach is only good when targeting and ‘solving’ well-defined problems of risk management and innovation within an intellectual terrain that has already been intellectually ‘set’. It fails to systematically recognize, reflect upon, and improve the effectiveness of the complex and creative task undertaken in the prior stage of ‘problem setting’ or ‘risk settling’. In contrast to this approach, it is argued that in ill-defined, unique, and uncertain situations, ‘problem setting’ or ‘risk settlement’ are the key primary activities, and ‘problem solving’ or ‘risk management’ only secondary. This study, as its strategic objective, seeks to juxtapose these contrasting views and develop an integrated conceptual framework capable of supporting a reflective practice amongst practitioners grappling with the interplay between ‘risk settlement’ and ‘risk management’ at the ‘fuzzy front-end’ of innovation. This framework, strongly influenced by Donald Schön’s scholarly work, takes the form of a set of concepts designed to synthesize, mobilize, and focus a wide range of academic literature on managing risk and handling uncertainty in product innovation. It informs reflections on professional practice through pragmatist/existential explorations of the role of metaphor in basic thinking processes as well as sociopolitical and psychological insights into the factors influencing how practitioners intuitively transform and translate uncertain, unmanageable realities into packages of manageable problems, converting uncertainty into manageable risks and rewards. In seeking to understand, reflect upon and improve the way in which such a conversion process within the practice of risk settlement works, it is argued that it is useful to view it has having four dimensions: ‘undertaking spontaneous and reciprocal reflections’, ‘coping with anxiety’, ‘use of metaphors’, and ‘use of frames and framing’. The study applies this framework and understanding to an empirical study of risk management and product innovation in the Australian Cooperative Research Centres (CRC) programme. A narrative reconstruction of critical events occurring in a series of R&D projects in the CRCs is used to elucidate, elaborate, and illustrate the conceptual framework that has been developed as both a contribution to risk management thought and, at least in prototype, as a guide for reflective practice. The framework, and its illustration, is designed to support practical reflection on the complexities of ‘problem setting’, ’risk settlement’ and the ‘non-rational’ character of ‘generative metaphors’ and the practice of ‘invention’. In the introduction, I point to the increasing rate of uncertain, unique, and complex problems as they affect professionals, organizations involved in innovation, and modern institutions as a whole. This situati

Signals for Strategists

Author : David Schatsky
Publisher : Unknown
Page : 128 pages
File Size : 46,8 Mb
Release : 2015
Category : BUSINESS & ECONOMICS
ISBN : 0795345607

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Signals for Strategists by David Schatsky Pdf

This book is for strategists0́4leaders, managers, entrepreneurs0́4who are so caught up in the daily pressures of business that they're missing key signals of their future reality. It's like driving a car heads down, staring at the dashboard, rather than heads up, looking through the windshield. We need to do both. The book is devoted to the practice of sensing, or scanning the horizon for signs of emerging trends. The sooner we see them, the better our response.Each chapter starts with a set of signals0́4data we observed that, taken together, helped us to reveal a trend. The impact of new technology on strategy is a theme of the book, and each chapter looks at how organizations are using new technologies to their advantage.The goal is to spark meaningful conversations within organizations: How could we participate in the collaborative economy? What could our CIO and our CMO be doing to drive strategy, innovation, and revenue growth? What could we do to leverage the Internet of Things and intelligent automation as catalysts of invention? Could we use MOOCs as pivots for corporate training, recruiting, and marketing? How might technology transform the manufacturing process, our supply chain, and the knowledge work that we do? Could we take advantage of the renaissance in domestic energy (oil and gas)? What could we be doing to counter cyber crime? What is our organization doing to tune into signals of emerging trends that may be relevant to us?In an environment where the pace of change is accelerating, sensing has become an essential discipline for all organizations. No matter your role in an organization, sensing emerging trends can make you more effective and more valuable in your work. If you've been working too heads-down lately and feel overwhelmed by data and deadlines, then this book is for you. It's a quick read designed to give you a heads up on your horizon.

Problem Solving in the Management of Technology and Innovation

Author : Stephan Schrader
Publisher : Forgotten Books
Page : 38 pages
File Size : 48,7 Mb
Release : 2017-11-06
Category : Philosophy
ISBN : 026038786X

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Problem Solving in the Management of Technology and Innovation by Stephan Schrader Pdf

Excerpt from Problem Solving in the Management of Technology and Innovation: Choosing the Uncertainty-Ambiguity Boundary The concepts of uncertainty and ambiguity have been defined in a number of ways in the organizational literature, depending on the nature of the research question being addressed. In this section we will briefly review these definitions, and then offer definitions which we find appropriate for discussing problem solving in a technological environment. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Global Innovation Index 2023

Author : World Intellectual Property Organization
Publisher : WIPO
Page : 250 pages
File Size : 49,7 Mb
Release : 2023-09-27
Category : Law
ISBN : 9789280533217

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Global Innovation Index 2023 by World Intellectual Property Organization Pdf

The Global Innovation Index 2023 (GII) takes the pulse of innovation against a background of an economic and geopolitical environment fraught with uncertainty. Tracking the most recent global innovation trends, the GII finds that – despite a climate of disquiet and a decline in risk capital investment – opportunities abound as a result of the incipient Digital Age and Deep Science innovation waves. At its core, the GII 2023 reveals who is leading in global innovation, ranking the innovation performance of 132 economies and highlighting their strengths and weaknesses. In addition, it identifies the world’s top 100 science and technology clusters. The GII is a “tool for action” regarding innovation policy. Governments around the world have used the GII to benchmark innovation performance, perfect innovation metrics and, ultimately, to shape evidence-based innovation policymaking. In the context of the United Nations Sustainable Development Goals (SDGs), since 2019, the GII has been recognized by the United Nations General Assembly to be a benchmark for measuring innovation, including more recently in a post-pandemic environment.