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TUTCRIS

Patterns for subsidiaries as innovation tools

Tutkimustuotosvertaisarvioitu

Yksityiskohdat

AlkuperäiskieliEnglanti
OtsikkoProceedings of the 10th Travelling Conference on Pattern Languages of Programs, VikingPLoP 2016
KustantajaACM
ISBN (elektroninen)9781450342001
DOI - pysyväislinkit
TilaJulkaistu - 7 huhtikuuta 2016
OKM-julkaisutyyppiA4 Artikkeli konferenssijulkaisussa
TapahtumaTravelling Conference on Pattern Languages of Programs -
Kesto: 1 tammikuuta 2000 → …

Conference

ConferenceTravelling Conference on Pattern Languages of Programs
Ajanjakso1/01/00 → …

Tiivistelmä

In this paper, we describe two patterns for fostering innovative ideas in a company. The patterns originate from experiences in real companies. Innovations are crucial in opening up new business vistas for a company. Old business models for any company will wither as times change and, continuous innovation is needed. However, companies are geared for efficient execution of their current business, not for fostering new ideas. One way for innovation incubation is a subsidiary. A subsidiary typically has more freedom and risk-based incentives than an internal startup. To run a successful subsidiary, one must first decide when to Spin Off, then, how to run the Subsidiary and, finally, Merge and Scale the business, if feasible.