Creating minimum viable products in industry-academia collaborations

Jürgen Münch; Fabian Fagerholm; Patrik Johnson; Janne Pirttilahti; Juha Torkkel; Janne Järvinen

doi:10.1007/978-3-642-44930-7_9

Creating minimum viable products in industry-academia collaborations

Jürgen Münch
, Fabian Fagerholm
, Patrik Johnson
, Janne Pirttilahti
, Juha Torkkel
, Janne Järvinen

Not published at VTT

University of Helsinki
F-Secure Oyj

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific › peer-review

47 Citations (Scopus)

Abstract

Customer value determines how products and services succeed in the marketplace. Early assessment of customer value is important for software startups, spin-off companies, and new product development in existing companies. Software technology often influences customer value and typically defines the main competitive advantage in both entrepreneurial and intrapreneurial settings. Value-related feedback from real customers is needed during software development and maintenance, and decision-making should be increasingly based on empirical evidence acquired through experiments. Getting such value-related feedback usually requires a so-called minimum viable product (MVP), i.e., an artefact that may be incomplete in functionality or quality, but displays characteristics that allows determining its customer value. In this article we report on a case study which used industry-academia collaboration for creating such an MVP. Our goal was to identify strengths and weaknesses of such an approach to creating MVPs while providing practical recommendations for improvement. The process followed in the case study was found to be very suitable for creating MVPs, reducing company-specific risks when testing customer-value, and advancing university education.

Original language	English
Title of host publication	Lean Enterprise Software and Systems - 4th International Conference, LESS 2013
Editors	Brian Fitzgerald, Klaas-Jan Stol, Ken Power, Ricardo Valerdi, Kieran Conboy, Lorraine Morgan
Publisher	Springer
Pages	137-151
Number of pages	15
ISBN (Electronic)	978-3-642-44930-7
ISBN (Print)	978-3-642-44929-1
DOIs	https://doi.org/10.1007/978-3-642-44930-7_9
Publication status	Published - 2013
MoE publication type	A4 Article in a conference publication
Event	4th International Conference on Lean Enterprise Software and Systems, LESS 2013 - Galway, Ireland Duration: 1 Dec 2013 → 4 Dec 2013

Publication series

Series	Lecture Notes in Business Information Processing
Volume	167
ISSN	1865-1348

Conference

Conference	4th International Conference on Lean Enterprise Software and Systems, LESS 2013
Country/Territory	Ireland
City	Galway
Period	1/12/13 → 4/12/13

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

Keywords

Case study
Entrepreneurship
Intrapreneurship
Lean startup
Minimum viable product
Prototyping
Software factory
Software start-ups

Access to Document

10.1007/978-3-642-44930-7_9

Cite this

Münch, J., Fagerholm, F., Johnson, P., Pirttilahti, J., Torkkel, J., & Järvinen, J. (2013). Creating minimum viable products in industry-academia collaborations. In B. Fitzgerald, K.-J. Stol, K. Power, R. Valerdi, K. Conboy, & L. Morgan (Eds.), Lean Enterprise Software and Systems - 4th International Conference, LESS 2013 (pp. 137-151). Springer. https://doi.org/10.1007/978-3-642-44930-7_9

Münch, Jürgen ; Fagerholm, Fabian ; Johnson, Patrik et al. / Creating minimum viable products in industry-academia collaborations. Lean Enterprise Software and Systems - 4th International Conference, LESS 2013. editor / Brian Fitzgerald ; Klaas-Jan Stol ; Ken Power ; Ricardo Valerdi ; Kieran Conboy ; Lorraine Morgan. Springer, 2013. pp. 137-151 (Lecture Notes in Business Information Processing, Vol. 167).

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Münch, J, Fagerholm, F, Johnson, P, Pirttilahti, J, Torkkel, J & Järvinen, J 2013, Creating minimum viable products in industry-academia collaborations. in B Fitzgerald, K-J Stol, K Power, R Valerdi, K Conboy & L Morgan (eds), Lean Enterprise Software and Systems - 4th International Conference, LESS 2013. Springer, Lecture Notes in Business Information Processing, vol. 167, pp. 137-151, 4th International Conference on Lean Enterprise Software and Systems, LESS 2013, Galway, Ireland, 1/12/13. https://doi.org/10.1007/978-3-642-44930-7_9

Creating minimum viable products in industry-academia collaborations. / Münch, Jürgen; Fagerholm, Fabian; Johnson, Patrik et al.
Lean Enterprise Software and Systems - 4th International Conference, LESS 2013. ed. / Brian Fitzgerald; Klaas-Jan Stol; Ken Power; Ricardo Valerdi; Kieran Conboy; Lorraine Morgan. Springer, 2013. p. 137-151 (Lecture Notes in Business Information Processing, Vol. 167).

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific › peer-review

TY - GEN

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AU - Fagerholm, Fabian

AU - Johnson, Patrik

AU - Pirttilahti, Janne

AU - Torkkel, Juha

AU - Järvinen, Janne

PY - 2013

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N2 - Customer value determines how products and services succeed in the marketplace. Early assessment of customer value is important for software startups, spin-off companies, and new product development in existing companies. Software technology often influences customer value and typically defines the main competitive advantage in both entrepreneurial and intrapreneurial settings. Value-related feedback from real customers is needed during software development and maintenance, and decision-making should be increasingly based on empirical evidence acquired through experiments. Getting such value-related feedback usually requires a so-called minimum viable product (MVP), i.e., an artefact that may be incomplete in functionality or quality, but displays characteristics that allows determining its customer value. In this article we report on a case study which used industry-academia collaboration for creating such an MVP. Our goal was to identify strengths and weaknesses of such an approach to creating MVPs while providing practical recommendations for improvement. The process followed in the case study was found to be very suitable for creating MVPs, reducing company-specific risks when testing customer-value, and advancing university education.

AB - Customer value determines how products and services succeed in the marketplace. Early assessment of customer value is important for software startups, spin-off companies, and new product development in existing companies. Software technology often influences customer value and typically defines the main competitive advantage in both entrepreneurial and intrapreneurial settings. Value-related feedback from real customers is needed during software development and maintenance, and decision-making should be increasingly based on empirical evidence acquired through experiments. Getting such value-related feedback usually requires a so-called minimum viable product (MVP), i.e., an artefact that may be incomplete in functionality or quality, but displays characteristics that allows determining its customer value. In this article we report on a case study which used industry-academia collaboration for creating such an MVP. Our goal was to identify strengths and weaknesses of such an approach to creating MVPs while providing practical recommendations for improvement. The process followed in the case study was found to be very suitable for creating MVPs, reducing company-specific risks when testing customer-value, and advancing university education.

KW - Case study

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KW - Intrapreneurship

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KW - Prototyping

KW - Software factory

KW - Software start-ups

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A2 - Stol, Klaas-Jan

A2 - Power, Ken

A2 - Valerdi, Ricardo

A2 - Conboy, Kieran

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PB - Springer

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ER -

Münch J, Fagerholm F, Johnson P, Pirttilahti J, Torkkel J, Järvinen J. Creating minimum viable products in industry-academia collaborations. In Fitzgerald B, Stol KJ, Power K, Valerdi R, Conboy K, Morgan L, editors, Lean Enterprise Software and Systems - 4th International Conference, LESS 2013. Springer. 2013. p. 137-151. (Lecture Notes in Business Information Processing, Vol. 167). doi: 10.1007/978-3-642-44930-7_9

Creating minimum viable products in industry-academia collaborations

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

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Cite this