Forecasting impact of technology developed in RandD projects

The FITMAN approach

Kim Jansson, Iris Karvonen, Outi Kettunen, Martin Ollus, Clare J. Hooper, Vegard Engen, Brian Pickering, Mike Surridge, Mike Redwood

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

Abstract

A typical two-or three-year research project has an impact that is only really visible after the project has come to an end, at a time when there are no resources to monitor that impact. As a consequence, projects need to estimate/predict their future impact before they end. In this paper we describe the impact activity monitoring method in the FITMAN project. This method addresses the problem by accounting for actions to raise impact during a project and the planning for such actions after a project has ended. We also describe the socio-economic impact assessment methodology created in FITMAN, showing how this links to the impact activity monitoring method. Key to both is the assessment and monitoring of impact in three different areas: industry, society and the scientific community. Each area represents different challenges and we discuss their relative value to the overall assessment. We also report on our early experiences of applying this to ten industry-led use case trials in the FITMAN project. The insights gained by applying these methodologies can be more widely applied across domains related to technology management.

Original languageEnglish
Title of host publication2015 IEEE International Conference on Engineering, Technology and Innovation/ International Technology Management Conference, ICE/ITMC 2015
PublisherInstitute of Electrical and Electronic Engineers IEEE
ISBN (Electronic)9781467371568
DOIs
Publication statusPublished - 21 Mar 2016
MoE publication typeA4 Article in a conference publication
EventIEEE International Conference on Engineering, Technology and Innovation/ International Technology Management Conference, ICE/ITMC 2015 - Belfast, United Kingdom
Duration: 22 Jun 201524 Jun 2015

Conference

ConferenceIEEE International Conference on Engineering, Technology and Innovation/ International Technology Management Conference, ICE/ITMC 2015
CountryUnited Kingdom
CityBelfast
Period22/06/1524/06/15

Fingerprint

Monitoring
Industry
Lead
Planning
Economics
RandD
Methodology

Keywords

  • forecasting
  • impact
  • impact monitoring
  • socio-economic impact assessment

Cite this

Jansson, K., Karvonen, I., Kettunen, O., Ollus, M., Hooper, C. J., Engen, V., ... Redwood, M. (2016). Forecasting impact of technology developed in RandD projects: The FITMAN approach. In 2015 IEEE International Conference on Engineering, Technology and Innovation/ International Technology Management Conference, ICE/ITMC 2015 [7438649] Institute of Electrical and Electronic Engineers IEEE. https://doi.org/10.1109/ICE.2015.7438649
Jansson, Kim ; Karvonen, Iris ; Kettunen, Outi ; Ollus, Martin ; Hooper, Clare J. ; Engen, Vegard ; Pickering, Brian ; Surridge, Mike ; Redwood, Mike. / Forecasting impact of technology developed in RandD projects : The FITMAN approach. 2015 IEEE International Conference on Engineering, Technology and Innovation/ International Technology Management Conference, ICE/ITMC 2015. Institute of Electrical and Electronic Engineers IEEE, 2016.
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Jansson, K, Karvonen, I, Kettunen, O, Ollus, M, Hooper, CJ, Engen, V, Pickering, B, Surridge, M & Redwood, M 2016, Forecasting impact of technology developed in RandD projects: The FITMAN approach. in 2015 IEEE International Conference on Engineering, Technology and Innovation/ International Technology Management Conference, ICE/ITMC 2015., 7438649, Institute of Electrical and Electronic Engineers IEEE, IEEE International Conference on Engineering, Technology and Innovation/ International Technology Management Conference, ICE/ITMC 2015, Belfast, United Kingdom, 22/06/15. https://doi.org/10.1109/ICE.2015.7438649

Forecasting impact of technology developed in RandD projects : The FITMAN approach. / Jansson, Kim; Karvonen, Iris; Kettunen, Outi; Ollus, Martin; Hooper, Clare J.; Engen, Vegard; Pickering, Brian; Surridge, Mike; Redwood, Mike.

2015 IEEE International Conference on Engineering, Technology and Innovation/ International Technology Management Conference, ICE/ITMC 2015. Institute of Electrical and Electronic Engineers IEEE, 2016. 7438649.

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

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Jansson K, Karvonen I, Kettunen O, Ollus M, Hooper CJ, Engen V et al. Forecasting impact of technology developed in RandD projects: The FITMAN approach. In 2015 IEEE International Conference on Engineering, Technology and Innovation/ International Technology Management Conference, ICE/ITMC 2015. Institute of Electrical and Electronic Engineers IEEE. 2016. 7438649 https://doi.org/10.1109/ICE.2015.7438649