Product Innovation Opportunities

There is an endless list of exciting new products that are waiting to be invented, developed, and introduced to the marketplace, which would bring honor and profit to the innovators. We will discuss in this chapter some of the methods to identify the most exciting challenges and some of the most tantalizing targets. 

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There are many ways you can prime the search for innovation opportunities in green product design. Two with a proven track record are described in detail below the life-cycle profile and the eco-innovation compass. 

There are many challenging intellectual opportunities for the research community to create new knowledge in molecular structure-property relations, and to enlarge the toolbox of product engineering, that promise to inspire and accelerate new product innovations. 

Historically, technological innovation has been a prime force in economic development. New processes and products have been credited with such diverse benefits as increased employment, increased labor productivity, new opportunities for preventing and curing disease, greater consumer comfort, and improvements in the balance of trade. 

Packaging developments are likely to offer some exciting new opportunities in the future and soft drinks are likely to remain at the forefront of product innovation in many countries. 

This can be an innovation opportunity, product, service, system, process, or business model. It can be anything you want to change or challenge. For our example, the goal is to create a type of credit that is easy to use but virtually impossible for identity thieves to steal. 

Food and drug administration. Challenge and Opportunity on the Critical Path to New Medical Products, Innovation or Stagnation U.S. Department of Health and Human Services Washington, DC, 2004. 

The benefits to implementing sustainability practices include improved operational efficiency, increased sales growth, reduction of EHS risks, enhanced corporate/ brand reputation, and employee retention and talent attraction. Opportunities arise from new sustainable product innovation that allows access to new markets and provides a competitive advantage. 

Challenge and Opportunity on the Critical Path to New Medical Products Innovation or Stagnation... 

Product innovations continue to expand the useful application range of silicones. Emerging markets, especially in Asia, are providing new opportunities for geographical expansion. 

Akay G., Mackley M.R., Ramshaw C. 1997. Process intensification Opportunities for process and product innovation. In, IChemE Research Event, Chameleon Press, London, pp. 597-606. 

Also, in this view, competitive position depends on product innovation and being distinctive in the competitive field, in some ways different from everyone else. We asserted previously that the supply chain is an important opportunity to establish that difference. Other models contend that being the low cost producer equates to market leadership. The next section summarizes opposing viewpoints. 

Safety testing and registration costs stand as taU barriers to new amphoteric products limiting opportunities for differentiation through innovation. 

Summarizing I argue that lead usemess of employees is positively related to Innovative behavior, since embedded lead users derive unmet needs and opportunities for innovation from their own and other users product use. This impacts their work environment, since they are confronted with innovation opportunities with respect to the product field at work as well. Innovative behavior is then furthered by personal factors like innovativeness, locus of control, and thinking style, which are associated with lead usemess. Both situational and personal predictors of innovative work are positively related to lead usemess. This argumentation yields the following h) othesis ... 

This document reviews what is currently known about nanoparticle toxicity and control, but it is only a starting point. The document serves as a request from NIOSH to occupational safety and health practitioners, researchers, product innovators and manufacturers, employers, workers, interest group members, and the general public to exchange information that will ensure that no worker suffers material impairment of safety or health as nanotechnology develops. Opportunities to provide feedback and information are available throughout this document. 

Innovation times in industry have shown a steady decrease since the 1970s. Classic thinking is that process development becomes increasingly important as industry matures [23]. This is due to the fact that in an early phase of the lifetime of an industry, when product concepts are still being created, the rate of product innovation exceeds the rate of process innovation. This period continues until a dominant design has emerged and opportunities for radical product innovation decrease. In this phase, the shift is toward process innovations to reduce cost price. 

Opportunities for improving supply chain sustainabiUty can be identified by matching the social (workforce, customer, society) and environmental (resource reduction, emission reduction, product innovation) pillars we have described with the various supply chain drivers discussed in this... 

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