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Agile Methods for Boosting the Commercialization Process of New Technology

Author

Listed:
  • Nina Tura

    (School of Business and Management, Lappeenranta University of Technology, P. O. Box 20, Lappeenranta 53851, Finland)

  • Lea Hannola

    (School of Business and Management, Lappeenranta University of Technology, P. O. Box 20, Lappeenranta 53851, Finland)

  • Mikko Pynnönen

    (School of Business and Management, Lappeenranta University of Technology, P. O. Box 20, Lappeenranta 53851, Finland)

Abstract

Challenges in innovation processes have influenced the development of agile methods, which are lighter and nimbler tools for development projects. This study elucidates the possibilities of agile methods for enhancing the effectiveness of innovation processes with the aim of quickly and successfully commercializing new technology. The focus is on different process phases of commercialization, from identifying the business potential to finalizing the innovation commercialization plan. As a result of the study, a novel, rapid, and agile process was created to improve the effectiveness of the technology-based innovation process, supporting the creation of more sustainable and valuable business models.

Suggested Citation

  • Nina Tura & Lea Hannola & Mikko Pynnönen, 2017. "Agile Methods for Boosting the Commercialization Process of New Technology," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 14(03), pages 1-23, June.
    • Handle: RePEc:wsi:ijitmx:v:14:y:2017:i:03:n:s0219877017500134
    DOI: 10.1142/S0219877017500134
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    References listed on IDEAS

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    Cited by:

    1. Ulrich Lichtenthaler, 2020. "Building Blocks of Successful Digital Transformation: Complementing Technology and Market Issues," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 17(01), pages 1-14, February.
    2. Pearson, R.J. & Costley, A.E. & Phaal, R. & Nuttall, W.J., 2020. "Technology Roadmapping for mission-led agile hardware development: a case study of a commercial fusion energy start-up," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    3. Kasper Edwards & Robert G. Cooper & Tomas Vedsmand & Giulia Nardelli, 2019. "Evaluating the Agile-Stage-Gate Hybrid Model: Experiences From Three SME Manufacturing Firms," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 16(08), pages 1-32, December.
    4. Alexandre de A. Gomes Júnior & Vanessa B. Schramm, 2022. "Problem Structuring Methods: A Review of Advances Over the Last Decade," Systemic Practice and Action Research, Springer, vol. 35(1), pages 55-88, February.

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