HELSINKI COLLEGE OR UNIVERSITY OF TECHNOLOGY
Department of Industrial Engineering and Management
Development and Supervision in Market
Management of Early Phases in Advancement Process
A Case Study of Commercializing Technology in a Small Venture
Thesis submitted in part fulfilment with the requirements to get the degree of Master of Technology in Anatomist
Turku, 06 28th 06\
Supervisor: Teacher Mikko Mustakallio
Instructor: Patricia Wiklund, M. Sc. (Econ. & Coach. Adm. )
HELSINKI UNIVERSITY OF TECHNOLOGY
ABSTRACT WITH THE MASTERВґS THESIS
Industrial Engineering and Managing
Author: Virpi Varjonen
Subject matter of the thesis: Management of Early Phases in Advancement Process; An instance Study of Commercializing Technology in a Small Venture Number of pages: 89
Date: June 28, 06\
Library site: TU
Professorship: Development and Management in Industry
Code of professorship: TU-117
Manager: Professor Mikko Mustakallio
Trainer: Patricia Wiklund, M. Sc. (Econ. & Bus. Adm. )
Innovation management concerns the management of all activities in the process via idea technology to their successful industrial and program, named creativity. Managing the innovation process is a challenging task and the more technology is mixed up in process, a lot more complex and uncertain it gets. Although small businesses are significant developers of recent technologies, they have, however , hardly ever been the item of innovation studies. Therefore , the purpose of this study is usually to better be familiar with innovation administration in tiny enterprises and particularly in the early phases with the technological innovation method. This examine focuses on the main element management areas, the main obstructions and motorists, and the strategic decision-making tools in these early phases. The investigation design of this explorative research applies a qualitative exploration strategy in which a case study technique is utilized to collect and examine the data. This kind of embedded singlecase involves a technology based firm offering the life scientific research industry and it is a process of searching the attractive industrial concept for the technology. Since the case process is inserted, it includes multiple units of analysis such as the entire process, individual participants, individual groups, and events during the process. The data collecting methods inside the study include interviews and participant-observations. Analyzing the case data relies on the theoretical propositions of the platform based on the prior research. Based upon this study, the key supervision elements in the early phases of the technology process are scanning technical and market information, stakeholder management, and strategic development management. The obstacles and drivers inside the early phases of the technological innovation process recommended by the case include factors related to technology, market, stakeholders, and administration. The most important road blocks and drivers seemed to correspond with the technology, though the other folks appeared significant as well. Additionally , three proper decision-making equipment for the early phases in the technological innovation method emerged through the case procedure: a tool intended for analyzing the competing systems, a technology SWOT tool, and an instrument for app search and evaluation.
The findings with this case study give further information in the technological innovation management in small businesses and also several concrete tools for their managers. In addition , the study proposes several managerial tips for the application search in little enterprises. This study was based on a single case, which means that the outcomes cannot be generalized to different corporations or sector fields. Therefore , the theory-building requires further more research with various research methods and multiple researchers. Keywords: innovation administration, innovation
method, small venture, technology
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