Skip to main content

Product innovation and problem solving

  • Chapter
Market Oriented Product Innovation
  • 298 Accesses

Abstract

There are different views on the possibility of planning innovations. Some claim that innovation is too much of a chance occurrence to be planned. Others take the opposite view (Little 1997, Szanto 2001); they talk about “planned innovation”, “managed innovation” or “systematic innovation”. Turning to practice there is evidence supporting both views. As always, the answer is — “it depends”. It depends on the situation, where one is standing, and what perspective one has. According to C.W. Spherley- “the innovation cycle begins with the definition of a need, the creation/invention of alternative designs, the evaluation against the original specification, and finally, the selection of the most promising concept, followed by further iterations around all, or part of the cycle”. The quotation indicates that a systematic approach to innovation is possible. However, the last sentence shows that it is not a simple, strait forward process. Actually, there are several ways to successful product innovation. Many products are the result of chance occurrences. Interesting examples are different products such as champagne, plastics, penicillin, and polymer conductors (see p. 1–2). Other products are initiated by information about the users and their needs (the “need pull), or technological opportunities (the “technology push”) (see p. 18). Product innovations can more or less be planned, contingent on the situation. The major factor is the degree of change, which determines the type of problem, the problem solving approach, and the risk connected with the project, as shown in Fig. 100. In general, the more change, the less is it possible to formalize the planning, the more the process will have the character of a visionary, unstructured learning process, and the higher the risk. There is a great difference between the planning of minor improvements in an existing product and the planning of a basic innovation for an unknown market with no information about the users and their needs.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 129.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

Copyright information

© 2002 Springer Science+Business Media Dordrecht

About this chapter

Cite this chapter

Holt, K. (2002). Product innovation and problem solving. In: Market Oriented Product Innovation. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-5720-0_16

Download citation

  • DOI: https://doi.org/10.1007/978-1-4757-5720-0_16

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4419-5298-1

  • Online ISBN: 978-1-4757-5720-0

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics