Concurrent Research and Decentralized Decision Making as an Accelerator from Idea to Business – Case Turku Finland

Abstract

In the world of constant change, societies, public institutions and private companies have to adapt themselves quicker and quicker. Today´s rapid changes in economy and business, caused by other hand globalization and another hand by quick changes in commercial relationships between major economic powers in the world, changes the world and businesses literally overnight. Disruptive innovations creates and destroys businesses as well. In these circumstances, need for rapid process from idea to business is more needed than ever before. Especially, in branch of health technology, development for solutions and systems is long and demanding process. This article handles process from idea to business by creating concept, which utilizes concurrent engineering methodology. Article creates the concept by integrating state of the art research from this domain and scrutinizes it´s suitability to be base for intermediary platform for medical device product development.