Idea Management Systems in Developing Innovation Capacity

Abstract

This paper aims to identify the different idea management system (IMS) types impact on innovation capacity and to support companies in the selection of the most appropriate IMS approach. The main findings of the research indicate the following: First, the application of active IMS stimulates innovation culture more than the application of passive IMS. Second, the application of active IMS improves innovation potential more than the application of passive IMS. Third, the application of the internal IMS type provides higher innovation potential than the application of the external IMS type. Lastly, there is evidence that the application of active IMS accelerates innovation at a higher pace than the application of passive IMS.

Unraveling Data From an Idea Management System of 11 Radical Innovation Portfolios Key Lessons and Avenues for Artificial Intelligence Integration

“…However, this also provides the ability to characterize Rosetta as an Idea Management system (Nilsson et al, 2002) and recognize the value of Rosetta as an absorptive capacity system related to the 11 radical innovation projects conducted from 2012 -2018. In this regard, the Rosetta system used in the innovation projects, can be characterized as an active, internal idea management system (Mikelsone et al, 2022a;2022b). In table 3 below, we have summarized the study's key findings and implications.…”

“…Table 3 illustrates the exemplification of considerations for each step of previous realizations and the basis of Rosetta unity with opportunities by using AI for the four sequences step of the Rosetta Preject phase, being the input-, idea-, concept-and design step -but also with correlation to the lateral focus phase and Pro-ject phase to adapt the entire process (Mikelsone et al, 2022a). The summary described in table 3 includes the discussion for each area of the presented Rosette software system as an Ide Management system, as an absorptive capacity method with implications related to the special structure, and finally the information stream related to actions both in the presented and as considerations for a future version…”

“…So far, limited empirical research is available concerning idea management systems at the early stages of innovation (Beretta, 2019). A recent publication by Mikelsone et al (2022a) distinguishes between idea management systems dependent on whether ideas are submitted with a clear innovation purpose or not -referred to as passive or active -and whether the ideas originate inside the organization's boundary or not -referred to as internal or external. In our work, we expand the notion by Mikelsone et al (2022a) and discuss the integration of AI in a stepwise idea management process (Mikelsone et al (2022b).…”

“…A recent publication by Mikelsone et al (2022a) distinguishes between idea management systems dependent on whether ideas are submitted with a clear innovation purpose or not -referred to as passive or active -and whether the ideas originate inside the organization's boundary or not -referred to as internal or external. In our work, we expand the notion by Mikelsone et al (2022a) and discuss the integration of AI in a stepwise idea management process (Mikelsone et al (2022b). Hence, a sequential idea management system with AI enhances innovation capacity, which may conclusively increase the likelihood of radical innovation.…”

Assessment of the innovation potential of the regions of Latvia, Lithuania and Belarus

“…Scientists distinguish various classical approaches, within the framework of which innovation is analyzed. One of them embraces changes, resources, processes, result (Schumpeter, 1939;Schlesinger Jr., 1986;Twiss, 1989;Chekulina & Tamakhina, 2011;Freeman, 1995Freeman, , 2017Zhits, 2007;Danko, 1999;Porter & Stern 2002;Hudakova, Fila & Marosh, 2018;Zhizhlavsky, 2011;Zholnierski, 2005;Alekseyev, 2009;Pichlak, 2012;Chehabeddine, Grabowska & Adekola, 2022;Atwa, 2022;Davies, Gann & Douglas, 2009;Waldron & Wetherbe, 2020;Prud'homme van Reine, 2022;Sinclair-Desgagne, 2022;Acemoglu, Akcigit & Celik, 2022;Agarwal et al, 2022;Andriushchenko et al, 2022;Birkner, Meszaros & Szabo 2022;Bora, Brazda & Slíva 2021;Bychin, 2022;Cantarelli & Genovese, 2021;Carlström, 2022;Erdin & Caglar, 2022;Farrow, 2021;Franco et al, 2022;Gijon, Lozano & Molina, 2022;Giuliano et al, 2022;Heilala, 2022;Jaiswal et al, 2022;Krivosheya, 2022;Kulakov, Verstina & Meshcheryakova, 2022;Langham & Paulsen, 2020;Liu & Shao, 2022;…”