Accelerating Research Innovation by Adopting the Lean Startup Paradigm
Converting scientific expertise into marketable products and services is playing an increasingly important role in the launching of new ventures, the growth of existing firms, and the creation of new jobs. In this article, we explore how the lean startup paradigm, which validates the market for a pr...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Carleton University
2017-05-01
|
| Series: | Technology Innovation Management Review |
| Subjects: | |
| Online Access: | http://timreview.ca/article/1075 |
| _version_ | 1819150306603171840 |
|---|---|
| author | Kaisa Still |
| author_facet | Kaisa Still |
| author_sort | Kaisa Still |
| collection | DOAJ |
| description | Converting scientific expertise into marketable products and services is playing an increasingly important role in the launching of new ventures, the growth of existing firms, and the creation of new jobs. In this article, we explore how the lean startup paradigm, which validates the market for a product with a business model that can sustain subsequent scaling, has led to a new process model to accelerate innovation. We then apply this paradigm to the context of research at universities and other research organizations. The article is based on the assumption that the organizational context matters, and it shows how a deeper understanding of the research context could enable an acceleration of the innovation process. We complement theoretical examples with a case example from VTT Technical Research Institute of Finland. Our findings show that many of the concepts from early-acceleration phases – and the lean startup paradigm – can also be relevant in innovation discussions within the research context. However, the phase of value-proposition discovery is less adequately addressed, and that of growth discovery, with its emphasis on building on a scalable, sustainable business does not seem to be addressed with the presented innovation approaches from the research context. Hence, the entrepreneurial activities at the research context differ from those in startups and internal startups in established organizations. |
| first_indexed | 2024-12-22T14:15:25Z |
| format | Article |
| id | doaj.art-886c05c45cf44ca1ad5be0c25bde97bc |
| institution | Directory Open Access Journal |
| issn | 1927-0321 |
| language | English |
| last_indexed | 2024-12-22T14:15:25Z |
| publishDate | 2017-05-01 |
| publisher | Carleton University |
| record_format | Article |
| series | Technology Innovation Management Review |
| spelling | doaj.art-886c05c45cf44ca1ad5be0c25bde97bc2022-12-21T18:23:07ZengCarleton UniversityTechnology Innovation Management Review1927-03212017-05-01753243Accelerating Research Innovation by Adopting the Lean Startup ParadigmKaisa Still0 VTT Technical Research Centre of Finland Converting scientific expertise into marketable products and services is playing an increasingly important role in the launching of new ventures, the growth of existing firms, and the creation of new jobs. In this article, we explore how the lean startup paradigm, which validates the market for a product with a business model that can sustain subsequent scaling, has led to a new process model to accelerate innovation. We then apply this paradigm to the context of research at universities and other research organizations. The article is based on the assumption that the organizational context matters, and it shows how a deeper understanding of the research context could enable an acceleration of the innovation process. We complement theoretical examples with a case example from VTT Technical Research Institute of Finland. Our findings show that many of the concepts from early-acceleration phases – and the lean startup paradigm – can also be relevant in innovation discussions within the research context. However, the phase of value-proposition discovery is less adequately addressed, and that of growth discovery, with its emphasis on building on a scalable, sustainable business does not seem to be addressed with the presented innovation approaches from the research context. Hence, the entrepreneurial activities at the research context differ from those in startups and internal startups in established organizations.http://timreview.ca/article/1075commercializationcontextinnovationinnovation accelerationinnovation paradoxlean startupresearchresearch organizationVTT |
| spellingShingle | Kaisa Still Accelerating Research Innovation by Adopting the Lean Startup Paradigm Technology Innovation Management Review commercialization context innovation innovation acceleration innovation paradox lean startup research research organization VTT |
| title | Accelerating Research Innovation by Adopting the Lean Startup Paradigm |
| title_full | Accelerating Research Innovation by Adopting the Lean Startup Paradigm |
| title_fullStr | Accelerating Research Innovation by Adopting the Lean Startup Paradigm |
| title_full_unstemmed | Accelerating Research Innovation by Adopting the Lean Startup Paradigm |
| title_short | Accelerating Research Innovation by Adopting the Lean Startup Paradigm |
| title_sort | accelerating research innovation by adopting the lean startup paradigm |
| topic | commercialization context innovation innovation acceleration innovation paradox lean startup research research organization VTT |
| url | http://timreview.ca/article/1075 |
| work_keys_str_mv | AT kaisastill acceleratingresearchinnovationbyadoptingtheleanstartupparadigm |