Integrating the customer in the innovation process is believed to be a powerful means to reduce failure rates and to increase the revenue from new products. Although many companies have launched programs to enable such integration, the understanding of the mechanisms behind successful programs...

In order to identify discontinuous technological change and develop appropriate action, companies are increasingly building technology foresight (TF) practices. This paper explores how, using networks of experts, technology foresight capabilities can be built. On the basis of three case studies...

Rapid changes in technology and growing competition in consumer as well as business customer markets are forcing industry to explore new ways to foster innovation. This is also true in times of economic crises, where innovation can lead to the competitive advantage needed for success and...

The growing competition in consumer as well as business customer markets is forcing industry to explore new ways to foster product and service innovations. To increase the clock speed of incremental innovations and raise the number of radical innovations, university-industry collaborations (UIC)...

When, on 21st September 2006, 'The Economist' compared incumbent telecommunication operators with dinosaurs that could soon face extinction, most readers were ready to agree. The mixture of declining revenues and fierce competition was believed to shake the market and soon to dethrone former...

The results of this study indicate that companies have built strong capabilities for collecting information. However, their ability to interpret information, disseminate gained insights and trigger management reactions leaves room for improvement: Only 23% of the participants state that SF...

Future Preparedness is shown to be a factor strongly influencing mid-term future firm performance, and such preparedness can be achieved via the systematic application of future preparation activities, particularly Perceiving, Prospecting, and Probing, as part of the strategic leadership function

This paper analyzes the establishment of a technology intelligence tool of the Deutsche Telekom Laboratories - the Technology Radar. Goals and method are contrasted to approaches discussed in literature. After the presentation of exemplary findings of the Technology Radar, the role of the...

This paper focuses on exploring the potential and empirically observable value creation of strategic foresight activities in firms. We first review the literature on strategic foresight, innovation management and strategic management in order to identify the potential value contributions. We use...

This paper aims to explore how mature firms in the media industry adapt their business models when faced with disruptive external change. This is particularly challenging as it often involves questioning and renewing the mental models that have guided the management of the firm in earlier...