The Innovation Support Technology (IST) approach: Integrating business modeling and roadmapping methods

Abstract

The purpose of this paper is to report the integration studies of business modeling and roadmapping methods for the “Innovation Support Technology” (IST) and the Innovation Support Technology’s practical application to real-world cases. The Innovation Support Technology is conducted for the purpose of offering a convenient tool for engineers and researchers in order to enhance corporate value from R&D outputs. “Japan’s lost decade” has forced companies to change R&D management and R&D operation style, especially regional industries. We propose the framework for revitalization of regional industries by using the strategic technology roadmap made by the Ministry of Economy, Trade and Industry (METI-TRM) with business modeling. We applied this innovation support technology method to several real-world cases to show its effectiveness.