Sharpening ADSMIE – System Dynamics Model for Innovation Diffusion and Industry 4.0


Dear all – as many conversation continue, the focus of ADSMIE is rapidly sharpening. There are two key developments you need to be aware of. As we know ADSMIE is focused on exploring how to disruptively accelerate the diffusion of innovations in advanced manufacturing from idea to market saturation (therefore reaching the late adopters and laggards). The two key developments are:

1. We are now narrowing our understanding of innovations to technology and human factors related to Industry 4.0 -> see https://en.wikipedia.org/wiki/Industry_4.0. This means the sort of innovations we are examining are related to Industry 4.0 components such as mobile devices, IoT, blockchain, smart sensors etc. See the relevant section on the Wikipedia page.
2. In order to describe the diffusion of Industry 4.0 innovations we will start building a system dynamics model of the diffusion of innovation curve (see https://en.wikipedia.org/wiki/Diffusion_of_innovations). The first model will be built using the simulation software Vensim (see www.vensim.com). Vensim provides a free version for research called the Personal Learning Edition (PLE) at https://vensim.com/vensim-personal-learning-edition/ and indeed that already contains a simple free model we will start with. As our efforts progress we will explore opportunities for using this to configure more business relevant solution approaches such as www.vdmbee.com.

You can follow an excellent introductory YouTube video on this at https://binged.it/2CqnSGM.
The project planning continues and the two developments will now allow us to move forward even more rapidly – they also make the project deliverables a lot clearer!

If you are interested in learning more please visit us at www.innovation-web.eu, our LinkedIn Group at https://www.linkedin.com/groups/8779542/, our blog at https://www.innovation-web.eu/entov-hvm-blog, our Researchgate project page at https://www.researchgate.net/project/Open-European-Network-for-Enterprise-Innovation-in-High-Value-Manufacturing-ENTOV-HVM and our Facebook page at: https://www.facebook.com/groups/2014779865300180/. You can also follow us via Twitter: @owschwabe (#innovationweb) and the LinkedIn Group page https://www.linkedin.com/company/entov.

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