Han Zhang, PhD Key Challenges in Bringing New Technology into the Market Create a Commercially Viable and Socially & Environmentally Responsible Innovation (CVSERI) Han Zhang, PhD Every Success is Built on the Ability to Do Better Than Just Good Enough
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Create a Commercially Viable and Socially & Environmentally Responsible Innovation (CVSERI)
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Han Zhang, PhD
Key Challenges in Bringing New
Technology into the Market
Create a Commercially Viable and Socially &
Environmentally Responsible Innovation
(CVSERI)
Han Zhang, PhD
Every Success is Built on the Ability to Do Better
Than Just Good Enough
Ou
tlin
e • Terminology
• Definition of CVSRI
• Approaches to Create
a CVSRI
• Examples
• A Few Suggestions
Han Zhang, PhD
Terminology
• Sustainable development – A development that meets their needs of the present without
compromising the ability of future generations to meet their own needs (from Brundtland Commission Report, published in 1987)
• Carbon footprints – The total amount of greenhouse gases produced to directly and
indirectly support human activities, usually expressed in equivalent tons of carbon dioxide (CO2)
• Life cycle analysis / product end-life design – A tool which can be used to optimize the impact of a product or a
process on the environment. It evaluates all stages of the product or process from cradle to grave
• Critical elements
– Are the elements exhibit inverse relationship between the supply
and the price due to their nature of limited stock
Ou
tlin
e • Terminology
• Definition of CVSRI
• Approaches to Create
a CVSRI
• Examples
• A Few Suggestions
Han Zhang, PhD
What is a Commercially Viable and Socially Responsible
Innovation?
Bio-degradable Polymers
Ou
tlin
e • Terminology
• Definition of CVSRI
• Approaches to Create
a CVSRI
• Examples
• A Few Suggestions
Han Zhang, PhD
Creating a Commercially Viable and Socially & Environmentally
Responsible Innovation
• Understanding the market needs
– What is the job which your product will perform?
– What are other technologies which could perform the same job?
– How do we select the technology?
– What can we offer which others can not?
• Ensuring sustainable supply chain
– Are you using any elements in the critical resource category?
– Are there any foresee issues of the end-life of the product?
• Affordability of the product
– What would be targeted cost?
– Is it affordable to your targeted market sector?
• Manufacturability
• Best technology vs. good enough technology
Han Zhang, PhD
Understanding the Job - P&G Everything is Obvious When You Know the Answer (D.J. Watts)
• Understanding market:
– What are the purposes of the
mop and water bucket?
– What are the unmet needs or
problems associated with
current product?
– How can we meet with the
unmet needs?
Han Zhang, PhD
Selecting Right Technology – Phonic Crystal
When a wave passes through a
periodic structure, interference leads
to the formation of “band gaps” that
prevent waves with certain
frequencies traveling through the
structure
Can we apply this concept to build a
periodic multilayer structure
composite to purposely interfere with
the sound wave transmission to
reduce noise?
And other
applications??
Han Zhang, PhD
Sustainable Supply Chain - Resources Check
Han Zhang, PhD
Critical Elements - Thin Film Solar Technology
• CdTe: – Tellurium is extremely rare element (135
MT in 2007) – Te is by-product of the Copper – Cadmium is toxic
• CuInGaSe (CIGS): – Selenium and indium are critical elements – Se is by-product of copper
Is current thin film
solar technology
Sustainable???
Han Zhang, PhD
Affordability – MEMS Technology
Han Zhang, PhD
Affordability – MEMS Technology
The Key is to Find a Good
Match
Area Tuned Variable Capacitors Three-Axis Accelerometer Microphone
Han Zhang, PhD
Affordability in Emerging Market - GE Ultrasonic Machine
• Original product developed in US and Japan costs > $100k
– Cardiology
– Obstetrics
– Radiology
• What would be an affordable price target?
• New price target: < $15k
– In China, rural clinics
• How to achieve it?
– Through function eliminations
• Expanding to developed country – In US, ambulance squads and
emergency room
Han Zhang, PhD
Manufacturability - Freeze Casting
Han Zhang, PhD
Does an Innovation have to Begin with a New and Cool Technology?
• Business model, such as: Apple store, Ikea ……
• Low-hanging fruit, such as: Twitter ……
• Marketing, such as: product promotions……
There are no Fixed Models for innovation. There
are plenty of low-hanging fruits out there.
However, a Sustainable innovation needs a
System Approach with Both Eyes Open
Ou
tlin
e
• Introduction
• Terminology
• Definition of CVSRI
• Approaches to Create
a CVSRI
• Examples
• A Few Suggestions
Han Zhang, PhD
Suggestions
• Challenges – Environmental change and shortage of resource
– Economic imbalance • Two economic speeds
• Growing of inequality
– Short life cycles of both knowledge and business