Drivers innovation

Our analysis of actual nonfinancial performance as correlated with market value revealed the following value drivers Innovation, Quality, Customer, Management, Alliances, Technology, Brand, Employee, Environment. Multiple, statistically independent measures are used as inputs for each driver in order to ensure a robust model. 

Environmental catalysis has its potential in improving innovations in the field of catalysis and highlighting the new directions for research driven by market, social, and environmental needs. Therefore, it can be concluded that environmental catalysis plays a key role in demonstrating the role of catalysis as a driver of sustainability by improving the quality of life and protecting human health and the environment... 

Innovation - advocates and opponents origin from microtechnology list of microfabrication techniques selectivity and efficiency as main driver for industrial implementation special properties and general advantages of micro reactors process-development issues BASF investigations on liquid/liquid and gas-phase reactions micro reactors as ideal measuring tools production in micro reactors as exception, the rule will be transfer to mm-sized channels [111],... 

Key drivers for innovation in process GC are now leading to the development of micro gas chromatography... 

Aquapel Glass Treatment improves a driver s ability to see clearly and drive safer. This innovative technology is a long-lasting rain repellent. 

Beise, M. (2004). Lead markets country-specific drivers of the global diffusion of innovations. Research Policy, 33, 997-1018. 

In fact, regulatory drivers are often seen as instrumental in spurring innovation. An assessment by a major aerospace manufacturer of what drives innovation towards safer processes for hazardous waste streams revealed that The regulatory drivers for waste reduction are familiar to most by now, and may be summarised into three categories of legislation 1) inventory reporting, 2) emission reporting, and 3) employee exposure levels. Anticipation of future restrictions was a decisive factor in this project. ... 

In the innovation processes (4), which ultimately caused this market ratio, two key innovation drivers (5) plaid a central role a) public debates (scandals involving hazardous substances) b) state regulation (cf Figure 11). 

Innovation drivers Artificial mineral fibres were included in Annexe V of the German Ordinance on Hazardous Substances in 1998. In 2000 biopersistent mineral fibres were banned from use in constraction. These regulations, together with the in some cases public discussion of fibres, also provided impulses for substitution by biosolnble fibre materials in silencers. 

Innovation drivers An important impulse was the classification of ceramic fibres as carcinogenic category K2 (Directive 97/69/EC), which has been applicable since January 1998. Since July 2001 there has been a ban on the marketing of ceramic fibres for the general public . An impending ban also for the industrial sector caused alarm in the automotive industry. A scientific study by Wuppertal University" also directed attention on the subject of ceramic fibres in catalytic converter recycling . 

Conclusion with regard to stock of hypotheses and model Due to the vulnerability of the automotive industry to public scandals the subject of carcinogenic fibres in catalytic converters was not discussed openly by the automotive industry ( Emotional drivers - Hypothesis 4). The creation of a round table comprising official bodies, automotive manufacturers, catalytic converter manufacturers, filling material manufacturers and scientists can be considered as an instrament supporting innovation. (Hypothesis 10 - Cooperation networks ). 

Innovation drivers Emission-related regulations, such as the Federal Inunis-sion Control Act and the EU VOC Directive were important driving factors. 

The high costs (approx. 30 m. per annum) of the construction employers liability insurance, caused by incidences of bricklayer s itch are important innovation drivers. Since the mid 1970s the construction employers habihty insurance, has endeavoured in consultations with the Association of German Cement Works to obtain a reduction of the chromate content in cement Further initiatives such as e.g. GISBAU" and also regulations have stepped up the pressure on cement manufacturers. 

Innovation drivers Alternative paint strippers have been developed as a consequence of the chlorine debate . However, neither the detailed requirements related to occupational health and safety (TRGS 612 and 212) nor the lower efficiency (cf (3)) clearly supported the penetration of the market with the alternative paint stripping systems. One barrier may be that the users have to change their work and purchasing procedures to apply the alternatives successfully. By end of the nineties the construction employers liability insurance started, based on the public media, an information campaign about the risks of DCM-containing paint strippers. 

Innovation drivers Besides the typical motivations in an ethical market , the competition with water-based synthetic varnishes (which in Germany featnre the Bine Angef label) also spurs on innovation. In addition, the annonnce-ment of an EU directive has also contribnted to limiting the solvent content of decorative paints (Decopaint Directive 2004/42/EC). 

Innovation drivers The auxiliary producers implemented the system of classification to facilitate the communication between textile finishers and water authorities and to avoid additional regulatory requirements for textile finishing. Furthermore they created a system, which enables them to characterise environmental properties of a product without the necessity to disclose their recipes. 

It can be stated as a generalisation that historic or innovation cultural and institutional aspects play an important role (and supposedly also one that is gaining in importance) for comprehending innovation events . This conclusion is reached, for example, if we examine by way of summary the stated distinctions of the main obstacle system inertia (such as path dependency, investment cycles, complexity of the iimovation system and level of iimovation) as well as the distinctive features of the main driver competition (such as competition or market type and especially the role of the public). Case studies doubtless have an important function for comprehending these elements and developments. On the basis of such studies the innovation system model can also be improved and developed further (cf Figure 20). 

In many of the case studies, emotional drivers were identified that affect innovation processes, especially if uncertainty about effects exists through lack of knowledge. The subject of this workshop was to determine the effect of more or less exphcit grriding principles on the interested parties and their contribution to sustainable developmerrt. 

The development of new substances, new products or new applications normally takes place in iimovative systems. This means that the participants in the relevant supply chains can mostly be iimovative only in interaction with each other or not, as the case may be. Market drivers, for the one part, affect the networks of participants and, for the other part, state initiatives, whereas interest groups in society also play an ever increasing role in both spheres of influence. This raises the question about what conditions prevail in such innovation systems which allow the development of sufficient learning capabilities in order to deal appropriately with the limits of knowledge and evaluation about substance effects. 

Becanse of system inertia it is necessary for established routines to be broken and for the contributory parties to be galvanised into action. This raises the issues of what are the drivers for innovation today and under which conditions do these drivers become effective. 

Customer orientation and initial solution-free formulation of customers wishes, as an orientation for product development, appear to be promising approaches for innovations with regard to the application safety of chemicals-based products. However, the initiative for this is not mainly due to substance manufacturers, but rather to the chemicals users being close to the consumers. To what extent the commercial/industrial chemicals end-users (users of production auxiliary materials that are not included in the product) also transform the latent desire for application-safe products into effective demand behaviour, depends on other constellations of motives than those of private end-consumers. The employers liabihty insurance, chambers of commerce and industry, branch associations, trade unions and management boards of large-scale companies play a key role in making quality and competition effective as drivers for innovation here too. 

Scandals concerning hazardous substances or product defects that have been made public in a broader context have learning effects, which go far beyond the company concerned. This means that journalistic interest in the subject of chemicals and comparative testing facilities are important drivers for innovation. 

The pharmaceutical industry has traditionally been one of the major drivers for innovation in organic chemistry analysis. There are several reasons for this need for careful characterisation of the products of the industry, which will be explored briefly in this section. 

Identifying, understanding, and managing interrelated processes as a system contribute to the organization s effectiveness and efficiency in achieving its objectives. (Note that every one of the key drivers listed below embed one or more innovation opportunities )... 

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