Abstract: Innovation, particularly in technology development, is a crucial aspect of nanotechnology R&D and, although several approaches to effective innovation management exist, organizational structures that promote knowledge exchange have been found to be most effect in supporting new and emerging technologies. This paper discusses Integrated Knowledge Networks (IKNs) and evaluates its use within nanotechnology R&D to increase technology innovation. Specifically, this paper reviews the role of IKNs in bolstering national and international nanotechnology development and in enhancing nanotechnology innovation. Both physical and virtual IKNs, particularly IT-based network platforms for community-based innovation, offer strategies for enhanced technology innovation, interdisciplinary cooperation, and enterprise development. Effectively creating and managing technology R&D networks can facilitate successful knowledge exchange, enhanced innovation, commercialization, and technology transfer. As such, IKNs are crucial to technology development processes and, thus, in increasing the quality and access to new, innovative nanoscience and technologies worldwide.
Abstract: There is significant interest in achieving technology
innovation through new product development activities. It is
recognized, however, that traditional project management practices
focused only on performance, cost, and schedule attributes, can often
lead to risk mitigation strategies that limit new technology
innovation. In this paper, a new approach is proposed for formally
managing and quantifying technology innovation. This approach uses
a risk-based framework that simultaneously optimizes innovation
attributes along with traditional project management and system
engineering attributes. To demonstrate the efficacy of the new riskbased
approach, a comprehensive product development experiment
was conducted. This experiment simultaneously managed the
innovation risks and the product delivery risks through the proposed
risk-based framework. Quantitative metrics for technology
innovation were tracked and the experimental results indicate that the
risk-based approach can simultaneously achieve both project
deliverable and innovation objectives.