Future pathways for radical transformation of an industry sector

Mikko Dufva, toni Ahlqvist, John Kettle, N. Vanderhoek, Ville Valovirta, Torsti Loikkanen

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

Abstract

Globalisation, rapid technological change, shifts in customer values and other developments create a need for the constant renewal of companies and industry sectors. However, current approaches applied in the study of industrial transformation and renewal do not usually grasp the interactions between the local industrial dynamics and emerging transitions with an adequate clarity or lack a strategic future-orientation. To overcome these challenges, we propose a systematic and integrated approach for creating transformation pathways for a local industry sector in need of renewal. Our approach combines multi-criteria assessment of companies, development of future value networks and strategic roadmapping in a comprehensive framework. Based on a case study we conclude that the approach helped to broaden the horizon and bridge local competences to global developments, but further research is needed in the better integration of the methods.
Original languageEnglish
Title of host publicationProceedings of 6th ISPIM Innovation Symposium: Innovation in the Asian century
PublisherInternational Society for Professional Innovation Management ISPIM
ISBN (Print)978-952-265-423-6, 978-952-265-422-9
Publication statusPublished - 2013
MoE publication typeA4 Article in a conference publication
Event6th ISPIM Innovation Symposium: Innovation In The Asian Century - Melbourne, Australia
Duration: 8 Dec 201311 Dec 2013
Conference number: 6

Conference

Conference6th ISPIM Innovation Symposium
CountryAustralia
CityMelbourne
Period8/12/1311/12/13

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Keywords

  • industry renewal
  • foresight
  • roadmapping
  • value networks
  • multicriteria assessment
  • methodological framework

Cite this

Dufva, M., Ahlqvist, T., Kettle, J., Vanderhoek, N., Valovirta, V., & Loikkanen, T. (2013). Future pathways for radical transformation of an industry sector. In Proceedings of 6th ISPIM Innovation Symposium: Innovation in the Asian century International Society for Professional Innovation Management ISPIM.