General knowledge (introduction) Flashcards

To learn the basic knowledge for the course

1
Q

Why involve customers and suppliers in innovation (NPD Projects)?

A
  • Better acces to knowledge
  • improved quality
  • Lower cost
  • better fit with customer needs
  • more room for creativity
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2
Q

What is involvment in innovation?

A

Supplier involvement:
- Resources they bring (capabilities, knowledge, Investments)
- Work they do
Customer involvement
- Participate in the decision making of a new product (idea stage to prototyoe)

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3
Q

Challenges of Supplier/customer involvement?

A

E.g.

  • Who owns the IP rights
  • Find the right supplier or customer
  • Difficult to control
  • May involve organisational changes
  • information flow
  • disagreements
  • Resistment of knowledge sharing
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4
Q

Two types of knowledge sharings?

A

Supplementary knowledge:
Easy to share, similar products, Quick to do
Complementary knowledge: outside of the firms ekpertise, more difficult to transfer, dissimilar products

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5
Q

The model by Aune and Greesetvold (2011)

Explain the the typology for supplier involvment. Hint: A matrice with four different involvments

A

Single or multiple scope of company involvment on the supplier side.
Low or high degree of cooperation between customer and supplier.
Single supplier-Low = e.g. paper for a printing Company.
Single supplier-high = e.g. typically be for more complex products perhaps with high degree of knowledge.
Multiple-low = e.g. more supplier needed but still simple products
Multiple-high = e.g. more supplier need for complex product /industrial products

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6
Q

What is the value stages of supplier innovation?

A

Importance - understand the importance of supplier innovation
requirements - know the requirements (behovet)
Management - know how to manage
Outcome - benefit from the outcome

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7
Q

What is supplier involvement in innovation?

A

Refers to the ressources they bring (capabilities, Investments, information, knowlegde, ideas)

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