Enabling Portfolio-driven Idea Generation for Radical Innovation : A Case Study of an Innovation Hub in the Construction Industry

Detta är en Master-uppsats från KTH/Maskinkonstruktion (Inst.)

Sammanfattning: Innovation has proven to be an important way for companies to be competitive and relevant in a dynamic market. The construction industry has tended to focus on incremental innovations and is not as familiar with methods for developing radical innovations. Scenario-based portfolio management is a way of structuring radical innovation projects according to possible future scenarios. Within these portfolios, it is necessary to assign the different areas a priority order where the most prioritized areas require a sufficiently high inflow of ideas. The purpose of this study was therefore to investigate how the innovation hub of a large Swedish company in the construction industry can steer the idea generation of radical innovations towards specific areas of development. By conducting internal and external semi-structured interviews, difficulties and opportunities in the company's idea generation could be identified. The results showed that the case company is missing specific methods to increase the number of generated ideas and that there is a lack of communication of the priority domains that exist in the innovation portfolio. It was also shown that there are some organizational difficulties for innovation in the construction industry. An analysis based on the results and a detailed literature study resulted in a number of recommendations. These recommendations demonstrate how open innovation as well as communication and changes in organizational structure should be implemented to achieve an increased number of ideas for the priority areas in a company's innovation portfolio. The recommendations from this study apply to large companies in the construction industry that work actively with innovation.

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