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- W2472881038 abstract "Bibliography: p. 331-361.%%%%1. Managing and handling uncertainty in innovation - definition and introduction to the study – 2. The 'ribbed balloon': a 'generative metaphor' for innovation-in-practice – 3. Reconstructing risk: from managing to handling uncertainty – 4. Approach and methods: a narrative reconstruction of critical events – 5. Colonisation and conversion: and at the of innovation – 6. Conclusion%%%%Corporations have problems dealing with the indeterminate aspects of innovation, particularly in the early fuzzy front-end of the process. They have difficulty in reflecting upon and handling uncertainties of innovation; often exhibiting a dynamic conservatism or a set of defensive routines that inhibit inquiry about such contentious issues. They prefer, and are better equipped to operate within the of investment than the of invention. In the language of investment, corporations select an environmental niche, and attempt to program and fabricate its future according to rational, stable assumptions and formulations. This view is closely bound to a utopian image of as a tool able to objectively map, measure, and monitor future uncertainties that govern the behaviour of the chosen niche. By seeking a close and clear fit between solutions (means) and the dominant factors that determine future threats and opportunities to the niche environment (ends), corporations attempt to master risks and colonise the future through an orderly process. – It is the argument of this thesis that this approach is only good when targeting and well-defined problems of and innovation within an intellectual terrain that has already been intellectually set. It fails to systematically recognise, reflect upon, and improve the effectiveness of the complex and creative task undertaken in the prior stage of problem setting or risk settling. In contrast to this approach, it is argued that in ill-defined, unique, and uncertain situations, problem setting or risk settlement are the key primary activities, and problem solving or risk management only secondary. This study, as its strategic objective, seeks to juxtapose these contrasting views and develop an integrated conceptual framework capable of supporting a reflective practice amongst practitioners grappling with the interplay between risk settlement and risk management at the fuzzy front-end of innovation. – This framework, strongly influenced by Donald Schon's scholarly work, takes the form of a set of concepts designed to synthesise, mobilise, and focus a wide range of academic literature on managing and handling uncertainty in product innovation. It informs reflections on professional practice through pragmatist/existential explorations of the role of metaphor in basic thinking processes as well as sociopolitical and psychological insights into the factors influencing how practitioners intuitively…" @default.
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- W2472881038 date "2010-12-02" @default.
- W2472881038 modified "2023-09-27" @default.
- W2472881038 title "The Dance on the Feet of Chance: Handling Uncertainty and Managing Risk in the Fuzzy Front-end of Innovation" @default.
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