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Navigating in a VUCA world

by | Feb 2019

Describing today’s world by VUCA (volatility, uncertainty, complexity, and ambiguity) seems to be more appropriate than ever. Leaving aside the question whether or not the acronym could always be used to characterize the prevalent situation because in retrospect the...

Long term survival through innovation

by | Feb 2019

1 Introduction Next time you switch on your TV or computer display spare a thought for the company who probably produced the liquid crystal display.  With over 60% of the global market, the German company Merck is probably not one which would instantly come to mind....

Managing business model innovation for relocalization in the process and manufacturing industry

by | Feb 2019

Abstract More and more industrial activities are performed outside of Europe. INSPIRE is a project, that is driven by the European process industry in order to facilitate the relocalization of process industry value chain activities to Europe. Within the project four...

Implementation of sustainability in Innovation Management: The Idea to People, Planet and Profit (I2P3®) Process

by | Feb 2019

Abstract Assessing the sustainability of the innovation portfolio is a particular challenge for industries. The two main issues are the lack of data at the early stage of project development and the high number of ideas and projects that are developed. This paper...

Artificial Intelligence in the Chemical/Pharmaceutical Industry – Technology overview, current applications, and future research

by | Feb 2019

Abstract This article explores the role of artificial intelligence (AI) in the process industries such as the chemical and pharmaceutical industry. We start by classifying the most prominent technologies comprised under the generic term of AI, define them, and...
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