Free Essay

Innovation Through Research

In:

Submitted By nenafalina
Words 629
Pages 3
INNOVATION THROUGH RESEARCH
The Panasonic Group of Companies has Usability Centers throughout the world. In 1990, the scope of the Usability Centers was expanded to include accessibility concerns. In addition, multinational Task Forces empowered to work throughout the Panasonic Group of Companies were established in 1998 to ensure that accessible features and services continue to be developed and implemented worldwide. Synergy between the Usability Centers and Task Forces keeps our Accessibility goals sharply in focus.
The other key to successfully achieving our goals is the strength of our research and development (R&D) capabilities. Having helped lead the way in the development of DVD, SD Memory Cards, DTV and other important technology, the R&D centers of the Panasonic Group of Companies are working to make emerging technologies accessible, and to develop new technologies that aim to further enable and encourage employment, independence, and enhanced entertainment experiences for people with disabilities. Here are a few examples of activity at our labs:
[pic]Panasonic AVC American Laboratories are working to make sure that Digital TV will have enhanced captioning display capabilities.
[pic]Panasonic Information and Networking Technologies Laboratory is working on advanced applications to enable the remote control and interface of everyday devices and appliances.
[pic]Panasonic Speech Technology Laboratory has developed text to speech and speech recognition technology that we hope will evolve into the development of truly universally accessible user interfaces for many types of products.

Innovations by Panasonic's Founder
[pic]
Super Electric Iron
It was in 1927. Along with the radio, the electric iron was becoming more popular as a leading-edge consumer product in an increasingly modern age. But irons were expensive, and affordable ones were usually of inferior quality. Our efforts to develop a better, less expensive iron started with the thought that even a fledgling teacher should be able to go to work in a neatly pressed shirt. First, we employed a more solidly built mechanism for the electric heating component which had often failed. We also designed this iron so that it could be easily repaired should it break. Mass production methods, still rare in Japan at that time, were used to reduce costs. After just three months in development, the Super Electric Iron went on sale. Irons at the time cost between 5 and 8 yen for domestically manufactured models, with imports costing as much as 15 yen. But selling at just 3.2 yen, the Super Electric Iron became a huge hit, acclaimed not only for its low price, but also for its superior quality. After numerous improvements based on customer feedback, in 1930, the iron was officially designated as a "product of excellence" by the Ministry of Commerce and Industry (Currently the Ministry of Economy, Trade and Industry)

[pic]
Founder Konosuke Matsushita tries out an electric bicycle.
In his younger days, the founder of Panasonic worked as an apprentice in a bicycle shop, and there he developed a special attachment to bicycles. After rolling out his long wished-for, first bicycle in 1952, he continued to think about what the company could do as an electric manufacturer to contribute to the progress of bicycles, and in 1980, Japan’s first electric bicycle finally went on sale. Mr. Matsushita, who was already over eighty at the time, saw that there was a future for the electric bicycle, as it was easy to ride for even an elderly person like himself. Unlike today’s power-assisted bicycles, this first electric bicycle ran on electric power alone, and required a license to operate, limiting its potential demand. But research continued, and technology accumulated over the years finally came to fruition with the advent of the power-assisted bicycle. Today, over half of the power-assisted bicycles sold in Japan are made by Panasonic.

[pic]

Similar Documents

Premium Essay

Mini Country Report/Romania

...Executive Summary iii  1. Innovation policy trends 1  1.1 Trends and key challenges for innovation policy 1  1.2 Innovation governance 7  1.3 Recent changes in the innovation policy mix 12   1.4 Internationalisation of innovation policies 15   1.5 Evidence on effectiveness of innovation policy 16   2. Innovation policy budgets – an overview 19   2.1 Trends in funding of innovation measures 19   2.2 Departmental and implementing agency budgets for innovation policies 2 1  2.3 Future challenges for funding of innovation policy 22  3. Thematic report: Demand-side innovation policies 23  3.1 Trends in the use of demand-side innovation policies 24  3.2 Governance challenges 30  3.3 Recent demand-side innovation policy measures 3 1  3.3.1 Sectoral specificities 3 1  3.3.2 Good practice case 3 1  Appendix A : Plan to increase the efficiency and effectiveness of RDI expenditure (Summary of provisions) 32  Appendix B : Recommendations of World Bank’s Functional Review for the reform of the Romanian RDI system 34  Appendix C : Research and innovation policy measures for Romania 35  Appendix D : References 37  Mini Country Report/Romania i Preface The European TrendChart on innovation is the longest running policy benchmarking tool at European level. Since its launch in 1999 it has produced annual reports on national innovation policy and governance, created a...

Words: 18856 - Pages: 76

Premium Essay

Innovation

...Innovation -strategies and finance- Index 1. Introduction 2. Tips for innovation 2.1 Increase Productivity 2.2 Implement a Continuous Improvement Culture 2.3 Create an Innovation Culture 2.4 Developing Talent and Ability to Innovate 2.5 Design and Build New-Growth 2.6 Collaboration 3. Innovation in the EU 3.1 Marco’s Programme. 3.2 Innovation Union 3.2.1 Conclusions innovation unión. 4. Conclusions 5. Biography 2 Introduction Innovation is the development of new customers value through solutions that meet new needs, inarticulate needs, or old customer and market needs in value adding new ways. This is accomplished through more effective products, processes, services, technologies, that are readily available to markets, governments, and society. Innovation differs from invention in that innovation refers to the use of a better and, as a result, novel idea or method, whereas invention refers more directly to the creation of the idea or method itself. Innovation differs from improvement in that innovation refers to the notion of doing something different rather than doing the same thing better. In business and economics, innovation is the catalyst to growth. With rapid advancements in transportation and communications over the past few decades, the old world concepts of factor endowments and comparative advantage which focused on an area’s unique inputs are outmoded for today’s global economy. Economist Joseph Schumpeter, who contributed greatly to the study of innovation...

Words: 3516 - Pages: 15

Premium Essay

Final Assignment

...(Term Paper) : Research Focus and Methodologies for Understanding Innovation in Small-Medium Enterprises (SMEs) Course : Qualitative Case Study Research Faculty : Prof. Rajen Gupta, MDI Submitted by : Davinder Singh, EFPM (2011) Research Focus and Methodologies for Understanding Innovation in Small - Medium Enterprises (SMEs) Introduction Innovation is a product, service, or process that is new or perceived as new by its developers and provides increased value to user and organization (Van de Ven, 1986). The ability of an organization to innovate is increasingly being considered as the most important factor for competitive advantage (Tidd et al., 2001). Importance has been laid on building innovative organizations and the management of the innovation process with the organizations. This is increasingly being considered important for small-medium enterprises (SMEs) and has been researched from multiple perspectives. The aim of this paper is to discuss, the areas of innovation in SMEs which are focus of recent studies, and the various research methodologies utilized for these studies. The importance to study innovation in SMEs is discussed in the succeeding section. This is followed with discussion on research studies undertaken in this field in the recent past. The difference in the ontological perspective and the consequent use of different research methodologies has been discussed using construct of ‘knowledge’ as illustration. Innovation in SMEs The...

Words: 4106 - Pages: 17

Premium Essay

Research

...MBL925R Individual Assignment No. 1 MBL925R: Business Research Assignment No. 1 Abridged Research Proposal: Leaders focused on innovation will see opportunity in good and bad times and as such will be able to lead organisations resiliently through crisis and prosperity. Prepared by: Mervyn J Fraser (78043808) Due Date: May 2, 2014 0 MBL925R Individual Assignment No. 1 TABLE OF CONTENTS CONTENT 1 INTRODUCTION 2 LITERATURE REVIEW 3 PROPOSED METHODOLOGY 4 KEY QUESTIONS / CONCEPTS 5 STUDY LIMITATIONS 6 STUDY VALIDITY AND RELIABILITY ISSUES 7 ETHICAL CONSIDERATIONS 8 STUDY SIGNIFICANCE / BENEFITS 9 REFERENCES 10 ANNEXURES PAGE NO. 2 3 8 9 11 11 12 l3 l4 15 1 MBL925R Individual Assignment No. 1 1. Introduction (Center for Creative Leadership, 2009) said that not long ago, strategy was king. Forecasting, planning and making smart bets created the power sources within organizations. The future of a business could fit into an established framework or system. If managed well then success would be the end result. In today’s business world uncertainty is palpable. Planning for next quarter is a challenge. Even more difficult is committing to decisions that will play out in one to five years. What is the new process, the innovative product, the game-changing service or the compelling vision? Most senior executives are claiming that they have lost the crystal ball. Because of the dynamic nature of business today problems come up daily that...

Words: 4459 - Pages: 18

Premium Essay

Diffusion of Innovation

...NEWS-ON-MOBILE NEWSLAND DIFFUSION OF INNOVATION THEORY One of the greatest pains to human nature is the pain of a new idea. It...makes you think that after all, your favourite notions may be wrong, your firmest beliefs illfounded... Naturally, therefore, common men hate a new idea, and are disposed more or less to ill-treat the original man who brings it.-Walter Bagehot Physics and Politics Definition of Diffusion of Innovation In his comprehensive book Diffusion of Innovation, Everett Rogers defines diffusion as the process by which an innovation is communicated through certain channels over time among the members of a social system. Rogers' definition contains four elements that are present in the diffusion of innovation process. The four main elements are: 1. Innovation - an idea, practices, or objects that is perceived as knew by an individual or other unit of adoption. 2. Communication channels - the means by which messages get from one individual to another. 3. time - the three time factors are: • • innovation-decision process Relative time with which an innovation is adopted by an individual or group. • Innovation’s rate of adoption. 4. Social system - a set of interrelated units that are engaged in joint problem solving to accomplish a common goal. Make a better mousetrap, and the world will beat a path to our door. -Ralph Waldo Emerson Background on Diffusion of Innovation The original diffusion research was done as early as 1903 by the French sociologist...

Words: 3464 - Pages: 14

Free Essay

Study Notes for Netw 583

...Innovative ideas into products 1-The first stage in the innovation process is to find the “new” ideas and insights to commercialize. The first stage in the innovation process is to find the “new” ideas and insights to commercialize. 2-To enable successful innovation, CEOs need to create both an innovation agenda and a culture tolerant of risk.This includes setting expectations for innovation, and developing methods to measure the success of innovation activities. 3- Transforming ideas to novel products, processes and services Effectively transforming ideas to commercially useful applications is not easy, and many innovations fail in this stage of the process. 4- Scaling value creation CEOs can realize value from innovations when they scale to successfully help to create significant revenues or generate substantial savings. Process vs Product innovation Product innovations are embodied in the outputs of an organization—its goods or services. For example, Honda's development of a new hybrid electric vehicle is a product innovation. Process innovations are innovations in the way an organization conducts its business, such as in the techniques of producing or marketing goods or services. Process innovations are often oriented toward improving the effectiveness or efficiency of production by, for example, reducing defect rates or increasing the quantity that may be produced in a given time. For example, a process innovation at a biotechnology firm might entail developing a genetic...

Words: 2306 - Pages: 10

Premium Essay

Difference Between Quantitative And Qualitative Research

...The Analysis of Innovation Systems through Quantitatve and Qualitative Research As with many aspects of social sciences, assessing innovation is easier said than done. It is necessary to properly understand the dynamics of innovation There are various ways of studying innovation. In particular, innovation systems help put innovation into a broader context. The first step to better understanding innovation is to understand what exactly an innovation system is. However, even when defining something as simple as an defining an innovation system, there isn’t a full consensus. H Lundvall (1992) and Edquist (1997) put forward the idea that innovation should be studied as a dynamic and holistic process involving institutions, organizations and...

Words: 1257 - Pages: 6

Premium Essay

Tecnalia

...for business studiesTeacher: Kiri Dinnal-Allen | Company Tour Tecnalia research and innovation | Members: Ibon Garmendia Anartz Esnaola Asier Martinez Aritz Zuaznabar 11th of March, 2015 INDEX Introduction……………………………………………………………………….….3 Name, type of entity, year created etc............................................................4 Mission......................................................................................................................4 The economic activity of the company.................................................................4 Current Operations………………………………………………………………...4 Market Characteristics……………………………………………………….…….5 Organigram……………………………………………………………………….…6 Competitors……………………………………………………………………….…6 Internationalisation………………………………………………………………...7 Future Projects………………………………………………………………….….7 Opportunities……………………………………………………………………….7 Conclusion………………………………………………………………………….9 INTRODUCTION The aim of this report is to collect information about the company Tecnalia research and information. We have searched the main information of this company like the history, the mission, the main competitors, the organigram…etc. With all this information we have make a report to summarize all the characteristics and to know more about this company. NAME, TYPE OF ENTITY, YEAR CREATED ETC. Tecnalia Research & Innovation is a Private Research Center of R & D based on Business Units of a sectoral basis. It was set...

Words: 1115 - Pages: 5

Premium Essay

Promotion of Technology & Innovation by Indian Govt.

...MANAGEMENT OF TECHNOLOGY, INNOVATION AND CHANGE – MS(WE) 114 MBA 2nd Semester (2014-15) TERM PAPER On Promotion of Technology & Innovation by Indian Govt. Submitted By: Name- Shivam Sharma (Enrolment No 05316603914) Submitted To: Prof. Anil K Saini USMS GGS IP University, New Delhi INDEX S.no | Topic | Page no. | Signature | 1 | Introduction | 3 | | 2 | Objective | 4 | | 3 | Findings | 5 | | 4 | Conclusion | 12 | | 5 | References | 13 | | Introduction In spite of having a large publicly funded science and technology infrastructure and a sizeable education base, India has not been able to realize its innovative potential due to a fragmented innovation ecosystem. The government of India has taken many initiatives towards strengthening the innovation ecosystem, the most important of which are: i) the establishment of the National Innovation Council, whose mandate is to coordinate various innovation-related activities, and ii) the new Science, Technology and Innovation Policy 2013, which is intended to promote entrepreneurship and science-led solutions for sustainable and inclusive growth. This article describes the current innovation ecosystem and the challenges it faces, and it discusses the efforts made by the government towards the promotion of innovation. With the implementation of this new policy the early indications are that India is poised to take a big leap towards innovation-led growth. In March...

Words: 3536 - Pages: 15

Free Essay

Understanding Technology Adoption

...Review of Educational Research http://rer.aera.net Understanding Technology Adoption: Theory and Future Directions for Informal Learning Evan T. Straub REVIEW OF EDUCATIONAL RESEARCH 2009 79: 625 DOI: 10.3102/0034654308325896 The online version of this article can be found at: http://rer.sagepub.com/content/79/2/625 Published on behalf of American Educational Research Association and http://www.sagepublications.com Additional services and information for Review of Educational Research can be found at: Email Alerts: http://rer.aera.net/alerts Subscriptions: http://rer.aera.net/subscriptions Reprints: http://www.aera.net/reprints Permissions: http://www.aera.net/permissions Downloaded from http://rer.aera.net at UNIV OF SOUTH FLORIDA on February 10, 2011 Review of Educational Research June 2009, Vol. 79, No. 2, pp. 625–649 DOI: 10.3102/0034654308325896 © 2009 AERA. http://rer.aera.net Understanding Technology Adoption: Theory and Future Directions for Informal Learning Evan T. Straub The Ohio State University How and why individuals adopt innovations has motivated a great deal of research. This article examines individuals’ computing adoption processes through the lenses of three adoption theories: Rogers’s innovation diffusion theory, the Concerns-Based Adoption Model, the Technology Acceptance Model, and the United Theory of Acceptance and Use of Technology. Incorporating all three models, this article suggests technology adoption is a complex, inherently...

Words: 12402 - Pages: 50

Premium Essay

The Effects of the Interactive Use of Management Control Systems on Product Innovation

...interactive use of management control systems on product innovation Josep Bisbe a a,* , David Otley b ESADE Business School, Universitat Ramon Llull. Avda, Pedralbes 60-62, 08034 Barcelona Spain b Department of Accounting and Finance, Lancaster University, Lancaster LA1 4YX, UK Abstract SimonsÕ Ôlevers of controlÕ framework indicates that an interactive use of management control systems (MCS) contributes to fostering successful product innovation. However, his work is ambiguous in not specifying whether the relationship between interactive controls and innovation is a mediating or a moderating relationship. This paper examines the relationships among variables embedded in SimonsÕ framework of levers of control, explicitly distinguishing the different types of effects involved and testing their significance. The results of the survey-based research do not support the postulate that an interactive use of MCS favours innovation. They suggest this may be the case only in low-innovating firms, while the effect is in the opposite direction in high-innovating firms. No evidence is found either in favour of an indirect effect of the interactive use of MCS on performance acting through innovation. In contrast, the proposition that the impact of innovation on performance is moderated by the style of use of MCS is supported, with results indicating that the explanatory power of a model that regresses performance on innovation is significantly enhanced by the inclusion of this moderating...

Words: 16963 - Pages: 68

Premium Essay

Innovation Audit Uo

...1 3. SWOT ANALYSIS OF THE COMPANY IN RELATION TO INNOVATION 2 4. DESCRIPTION OF WHAT AN INNOVATION AUDIT ENTAILS 3 5. PROPOSED FRAMEWORK FOR CONDUCTING THE INNOVATION AUDIT 4 6. RESEARCH STRATEGY 5 7. OUTLINE OF KEY OUTPUTS ARISING FROM THE PROPOSED AUDIT 7 8. TIMEPLAN AND RESOURCES 7 9. CONCLUSION 7 10. BIBLIOGRAPHY 8 1. INTRODUCTION One would like to take this opportunity to thank the company “Urban Outfitters Inc.” for inviting me to conduct this innovation audit. It is with great pleasure and intrigue that one immerses oneself in the innovative aspects of your company and seek ways to improve the overall success of your establishment. The audit will be conducted over an extended period, as yet to be outlined. In order to establish a thorough audit one will conduct assessments and surveys in most of the company’s UK, Ireland, European stores and the head office headquarters in Oxford Street. Before one begins it must be outlined why one believes that this innovation audit will significantly improve the prosperity of this company: Innovation has become one of the key business progressions to deliver sustainable competitive advantage. It is a complex process, one easily identified as being of critical eminence for organisational success yet not easily controlled. The successful management of innovation delivers value to end users, meeting business and organisational objectives and visions. Innovation is the lifeblood of any business. It prevents a business...

Words: 2173 - Pages: 9

Premium Essay

Customer Clusters

...Customer Clusters as Sources of Innovation-Based Competitive Advantage Vishal Bindroo, Babu John Mariadoss, and Rajani Ganesh Pillai ABSTRACT The authors examine the effect of customer clusters on a firm’s innovation. They argue that knowledge leveraged from customer clusters can help the firm develop innovations. The authors specifically concentrate on the effect of a firm’s geographical proximity and diversity of customer clusters on innovation outcomes. In addition to showing the importance of customer cluster proximity on firm innovation, they explore the effect of customer cluster heterogeneity on innovation in an international marketing environment. They test the theoretical model using multicountry data (N = 288) drawn from the U.K. innovation survey implemented by the Economic and Social Research Council, which collected the data across five European countries. Theoretical constructs operate largely as hypothesized and explain a substantial proportion of the variation in the different innovation outcomes tested. Keywords: radical innovation, customer cluster, cluster heterogeneity, proximity, innovation speed I nnovation is frequently acknowledged as the source of organizational renewal and growth, the primary source of competitive advantage (Porter 1990), and central to marketing strategy (Varadarajan and Jayachandran 1999). Because innovation is linked to superior financial performance and survival ability of firms (Agarwal, Cockburn, and McHale 2006), creating...

Words: 11227 - Pages: 45

Premium Essay

Innovation

...------------------------------------------------- Innovation From Wikipedia, the free encyclopedia For other uses, see Innovation (disambiguation). Innovation is a new idea, device or process.[1] Innovation can be viewed as the application of better solutions that meet new requirements, inarticulated needs, or existing market needs.[2] This is accomplished through more effective products, processes, services, technologies, or ideas that are readily available to markets, governments and society. The term innovation can be defined as something original and, as a consequence, new, that "breaks into" the market or society.[3] While a novel device is often described as an innovation, in economics, management science, and other fields of practice and analysis innovation is generally considered to be a process that brings together various novel ideas in a way that they have an impact on society. Innovation differs from invention in that innovation refers to the use of a better and, as a result, novel idea or method, whereas invention refers more directly to the creation of the idea or method itself. Innovation differs from improvement in that innovation refers to the notion of doing something different rather than doing the same thing better. Contents   [hide]  * 1 Inter-disciplinary views * 1.1 Business and economics * 1.2 Organizations * 1.3 Sources of innovation * 1.4 Goals/failures * 1.5 Diffusion of innovation * 2 Measures * 2.1 Organizational...

Words: 5808 - Pages: 24

Premium Essay

Leadership in an Organisation

...Leadership in an organisation 1.1 Research Background The highly competitive market economies have continuously forced majority of organisations around the globe to find various strategies on improving themselves in terms of operations and performance. This is not only vital for meeting their organisational objectives, but also for sustenance (Zheir et al, 2012). Previous researches and studies claim that leadership is the key factor for an organisation or business to survive, operate and perform in today’s competitive market (Ximane,2015);(Bass,1990);( Jung, 2002). Furthermore proper leadership is the strategic element in increasing and achieving organisational goals (Bass &Avolio, 1995) ;( Yousef, 1998). On the other hand, some researches and studies contend that organisational leadership is an embellished concept in that it is not necessary in attaining organisational performance since there are other internal and external factors that come into play ( Ismail et al,1998; (Bass& Avolio,2002;(Munjis,2011). A number of researches and studies have been carried out to demonstrate that leadership and organisational performance, commitment and innovation go hand in hand (Judge, Bono, Ilies and Gerhardt, 2002; Judge and Piccolo, 2004; Keller, 2006; McGrath and MacMillan, 2000; Meyer and Hepard, 2000; Purcell, Kinnie, Hutchinson and Dickson, 2004; Yukl, 2002). Conversely, some studies for instance, House and Aditya (1997) suggest that is not a key factor in achieving organisational...

Words: 7639 - Pages: 31