A New Approach Dedicated to the Continuous Assessment and Improvement of a Radical Innovation Capacity within a Mature Company

Owning a radical innovation capacity is a mandatory feature for a mature industrial company that wants to grow. However, this capacity relies on many factors embedded into the whole innovation process, and especially in the Front-End Innovation (FEI) process. Scholars have demonstrated that, a process has to be measurable in order to be potentially improved. One could further imagine that every radical innovation project could evaluate prominent factors in order to improve its effectiveness and efficiency towards a successful outcome. In our previous study, we have identified those prominent factors that significantly impact the effectiveness and efficiency of the FEI process. This paper presents this continuous assessment and improvement new approach allowing radical innovation projects to continuously assess and improve the FEI process effectiveness and efficiency.

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