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Empowering AI-Powered Product Companies: Enhancing Design with Knowledge Management, Open Innovation, and Foresight

Mishra, Ayan (2024) Empowering AI-Powered Product Companies: Enhancing Design with Knowledge Management, Open Innovation, and Foresight. [MRP]

Item Type: MRP
Creators: Mishra, Ayan
Abstract:

This paper proposes that Artificial Intelligence (AI) vendors should prioritise developing knowledge services for designers to improve the product innovation design process in the rapidly changing AI landscape. Emphasising a Knowledge-Based View (KBV), it argues for knowledge and its management as a key competency in design, crucial for product innovation. It explores the interaction of Open Innovation, Knowledge Management, and Foresight in enhancing knowledge delivery for designers, focusing on the importance of speed and accuracy of ideation in product innovation. The paper highlights the role of internal and external knowledge in improving design process outcomes and provides strategy and frameworks for integrating knowledge utilising a knowledge service, aiming to enhance innovation efficiency.

Date: May 2024
Uncontrolled Keywords: Design, Innovation, Product, SaaS, Foresight, Knowledge Management, Open Innovation
Divisions: Graduate Studies > Strategic Foresight and Innovation
Date Deposited: 09 May 2024 16:34
Last Modified: 09 May 2024 16:34
URI: https://openresearch.ocadu.ca/id/eprint/4428

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