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Digital Library

of the European Council for Modelling and Simulation

 

Title:

A Simulation Based Approach For The Evaluation Of Outcome Driven Innovation Models

Authors:

Marco Gribaudo, Mauro Iacono, Daniele Manini, Marco Pironti, Paola Pisano

Published in:

 

 

(2015).ECMS 2015 Proceedings edited by: Valeri M. Mladenov, Grisha Spasov, Petia Georgieva, Galidiya Petrova, European Council for Modeling and Simulation. doi:10.7148/2015

 

 

ISBN: 978-0-9932440-0-1

 

29th European Conference on Modelling and Simulation,

Albena (Varna), Bulgaria, May 26th – 29th, 2015

 

Citation format:

Marco Gribaudo, Mauro Iacono, Daniele Manini, Marco Pironti, Paola Pisano (2015). A Simulation Based Approach For The Evaluation Of Outcome Driven Innovation Models, ECMS 2015 Proceedings edited by: Valeri M. Mladenov, Petia Georgieva, Grisha Spasov, Galidiya Petrova  European Council for Modeling and Simulation. doi:10.7148/2015-0138

DOI:

http://dx.doi.org/10.7148/2015-0138

Abstract:

The evaluation of the opportunity of investments on complex production processes is a critical factor in order to enable the balance of risks and potential benefits. There is no out-ofthe- box tool that can solve this problem: only the experience of the responsible expert and his knowledgeability of the process can help. Outcome Driven Innovation is an evaluation technique that can support decisions, based on a structured approach to process analysis and on the availability of domain experts: anyway, the need for experts can make the evaluation itself very expensive. In this paper a simulative approach is used to provide an a priori characterization of the conditions that can suggest the opportunity of adopting Outcome Driven Innovation for a process.

Full text: