research-article

Towards estimating the value of an idea

Authors:

Carlos Fernández,

Agustín Yagüe,

Juan GarbajosaAuthors Info & Claims

Profes '11: Proceedings of the 12th International Conference on Product Focused Software Development and Process Improvement

Pages 62 - 67

https://doi.org/10.1145/2181101.2181116

Published: 20 June 2011 Publication History

Abstract

Today software industry lives in a very competitive environment and firms need to improve constantly. One way to achieve this goal can be the introduction of innovative ideas into the products, processes or services of the firms, allowing thus to increase the value delivered to the customer. Various sources of innovation are already identified in literature to obtain new ideas. It is hard to identify the most effective idea sources. Moreover, to introduce new ideas without a defined goal could turn out lots of waste for the company. In this research work it is pointed out why the estimation of the value of an idea is difficult, more when the item to evaluate is a new unimplemented idea. As a solution to this a framework that facilitates and supports the idea value estimation is proposed. Based on a the available literature, the authors outline a framework for innovation that will facilitate organizations to identify new ideas and to estimate their potential value. This framework will facilitate the introduction of innovation in software intensive systems industry.

References

[1]

R. Adner and R. Kapoor. Value creation in innovation ecosystems: how the structure of technological interdependence affects firm performance in new technology generations. Strategic Management Journal, 31(3):306--333, 2010.

[2]

P. G. Armour. Don't bring me a good idea. Commun. ACM, 54:27--29, January 2011.

Digital Library

[3]

B. Barton. All-out organizational scrum as an innovation value chain. In System Sciences, 2009. HICSS '09. 42nd Hawaii International Conference on, pages 1--6, jan. 2009.

Digital Library

[4]

B. Boehm and L. Huang. Value-based software engineering: Reinventing "earned value" monitoring and control. SIGSOFT Softw. Eng. Notes, 28:3--,March 2003.

Digital Library

[5]

H. Chesbrough. Open innovation: The new imperative for creating and profiting from technology. Harvard business school press, 2003.

[6]

F. Damanpour. Organizational innovation: A meta-analysis of effects of determinants and moderators. The Academy of Management Journal, 34(3):pp. 555--590, 1991.

[7]

T. Forbath, P. Brooks, and A. Dass. Beyond cost reduction: Using collaboration to increase innovation in global software development projects. In Global Software Engineering, 2008. ICGSE 2008. IEEE International Conference on, pages 205--209, aug. 2008.

Digital Library

[8]

J. Garbajosa and J. Perez. Towards valuable software products. In Proceedings of the 11th International Conference on Product Focused Software, PROFES '10, pages 100--101, New York, NY, USA, 2010. ACM.

Digital Library

[9]

A. Ghazawneh. The role of platforms and platform thinking in open innovation networks. In System Sciences (HICSS), 2010 43rd Hawaii International Conference on, pages 1--10, jan. 2010.

Digital Library

[10]

J. Highsmith and M. Fowler. The agile manifesto. Software Development Magazine, 9(8):29--30, 2001.

[11]

I. Jacobson, G. Booch, and J. Rumbaugh. The unified software development process. Addison-Wesley Longman Publishing Co., Inc., Boston, MA, USA, 1999.

Digital Library

[12]

M. Khurum and S. Barney. Innovative features selection using real options theory. In Software Product Management (IWSPM), 2009 Third International Workshop on, pages 11--14, sept. 2009.

Digital Library

[13]

S. Kim, H. In, J. Baik, R. Kazman, and K. Han. Vire: Sailing a blue ocean with value-innovative requirements. Software, IEEE, 25(1):80--87, jan.-feb. 2008.

Digital Library

[14]

P. Kristensson, P. R. Magnusson, and J. Matthing. Users as a hidden resource for creativity: Findings from an experimental study on user involvement. Creativity and Innovation Management, 11(1):55--61, 2002.

[15]

T. A. Luehrman. Strategy as a portfolio of real options. Harvard Business Review, 76(5):89--99, sep. 1998.

[16]

V. Mandić, V. Basili, L. Harjumaa, M. Oivo, and J. Markkula. Utilizing gqm+strategies for business value analysis: an approach for evaluating business goals. In Proceedings of the 2010 ACM-IEEE International Symposium on Empirical Software Engineering and Measurement, ESEM '10, pages 20:1--20:10, New York, NY, USA, 2010. ACM.

Digital Library

[17]

C. Markides. Strategic innovation. Sloan Management Review, 38:9--24, 1997.

[18]

I. Nonaka, R. Toyama, and N. Konno. Seci, ba and leadership: a unified model of dynamic knowledge creation. Long Range Planning, 33(1):5--34, 2000.

[19]

W. Pengfei and Z. Yisha. The role of outbound-revealing open innovation: Theoretical extension and case study. In Industrial Engineering and Engineering Management (IEEM), 2010 IEEE International Conference on, pages 1890--1892, dec. 2010.

[20]

V. A. Thompson. Bureaucracy and innovation. Administrative Science Quarterly, 10(1):pp. 1--20, 1965.

[21]

A. Yurchyshyna, M. LeÂt' andonard, and P. Brough-Heinzman. Towards a services-based approach for supporting idea development process. In Internet and Web Applications and Services (ICIW), 2010 Fifth International Conference on, pages 321--326, may 2010.

Digital Library

Cited By

Inie NDalsgaard PShamma DYew JBailey B(2017)A Typology of Design IdeasProceedings of the 2017 ACM SIGCHI Conference on Creativity and Cognition10.1145/3059454.3059464(393-406)Online publication date: 22-Jun-2017
https://dl.acm.org/doi/10.1145/3059454.3059464
Salleh NMendes EMendes FLekamlage CPetersen K(undefined)Value-Based Software Engineering: A Systematic Mapping StudySSRN Electronic Journal10.2139/ssrn.4148149
https://doi.org/10.2139/ssrn.4148149

Index Terms

Towards estimating the value of an idea
1. Software and its engineering

Recommendations

Post-Adoption Variations in Usage and Value of E-Business by Organizations: Cross-Country Evidence from the Retail Industry

Grounded in the innovation diffusion literature and the resource-based theory, this paper develops an integrative research model for assessing the diffusion and consequence of e-business at the firm level. Unlike the typical focus on adoption as found ...
Opportunity Spaces in Innovation: Empirical Analysis of Large Samples of Ideas

A common approach to innovation, parallel search, is to identify a large number of opportunities and then to select a subset for further development, with just a few coming to fruition. One potential weakness with parallel search is that it permits ...
Idea Generation and the Quality of the Best Idea

In a wide variety of settings, organizations generate a number of possible solutions to a problem---ideas---and then select a few for further development. We examine the effectiveness of two group structures for such tasks---the team structure, in which ...

Comments

Information & Contributors

Information

Published In

cover image ACM Other conferences

Profes '11: Proceedings of the 12th International Conference on Product Focused Software Development and Process Improvement

June 2011

159 pages

ISBN:9781450307833

DOI:10.1145/2181101

General Chair:
Giuseppe Visaggio
University of Bari and Daisy-Net, Italy
,
Program Chairs:
Danilo Caivano
University of Bari and SER&Practices, Italy
,
Markku Oivo
University of Oulu, Finland

Copyright © 2011 ACM.

Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

Sponsors

Dipartimento di Informatica "Renato M. Capocelli", Università degli Studi di Salerno, Italy: Dipartimento di Informatica "Renato M. Capocelli", Università degli Studi di Salerno, Italy
SER&Practices: SER&Practices
Università di Bari: Università di Bari
Daisy-Net: Daisy-Net
Exprevia: Exprevia SpA
Project Management Institute: Project Management Institute
UNIBA: Department of Informatics, UNIBA

Publisher

Association for Computing Machinery

New York, NY, United States

Publication History

Published: 20 June 2011

Permissions

Request permissions for this article.

Request Permissions

Check for updates

Author Tags

Qualifiers

Research-article

Conference

Profes '11

Sponsor:

Dipartimento di Informatica "Renato M. Capocelli", Università degli Studi di Salerno, Italy
SER&Practices
Università di Bari
Daisy-Net
Exprevia
Project Management Institute
UNIBA

Profes '11: Conference on Product Focused Software Development and Process Improvement

June 20 - 22, 2011

Brindisi, Torre Canne, Italy

Contributors

Other Metrics

View Article Metrics

Bibliometrics & Citations

Bibliometrics

Article Metrics

2
Total Citations
View Citations
206
Total Downloads

Downloads (Last 12 months)5
Downloads (Last 6 weeks)1

Reflects downloads up to 07 Mar 2025

Other Metrics

View Author Metrics

Citations

Cited By

Inie NDalsgaard PShamma DYew JBailey B(2017)A Typology of Design IdeasProceedings of the 2017 ACM SIGCHI Conference on Creativity and Cognition10.1145/3059454.3059464(393-406)Online publication date: 22-Jun-2017
https://dl.acm.org/doi/10.1145/3059454.3059464
Salleh NMendes EMendes FLekamlage CPetersen K(undefined)Value-Based Software Engineering: A Systematic Mapping StudySSRN Electronic Journal10.2139/ssrn.4148149
https://doi.org/10.2139/ssrn.4148149

View Options

Login options

Check if you have access through your login credentials or your institution to get full access on this article.

Full Access

Get this Publication

View options

PDF

View or Download as a PDF file.

eReader

View online with eReader.

Figures

Tables

Media

View Table of Conten