{"title":"The Cost of Innovation in Software Development Projects","authors":"Mihai Liviu Despa","volume":100,"journal":"International Journal of Industrial and Manufacturing Engineering","pagesStart":1198,"pagesEnd":1204,"ISSN":"1307-6892","URL":"https:\/\/publications.waset.org\/pdf\/10001052","abstract":"
The paper tackles the topic of determining the cost of
\r\ninnovation in software development projects. Innovation can be
\r\nachieved either in a planned or unplanned manner. The paper
\r\napproaches the scenarios were innovation is planned for. As a starting
\r\npoint an innovative software development project is analyzed. The
\r\nproject is depicted step by step as it was implemented, from inception
\r\nto delivery. Costs that are proprietary to innovation in software
\r\ndevelopment are isolated based on the author’s personal experience
\r\nin managing the above mentioned project. Innovation costs
\r\ncomponents identified by the author are then validated using open
\r\ndiscussions with software development professionals and projects
\r\nmanagers on LinkedIn groups. In order to receive relevant feedback
\r\nonly groups that focus on software development and innovation
\r\nmanagement are targeted. Additional innovation cost components
\r\nsuggested by software development professionals and projects
\r\nmanagers are also considered. Based on the identified cost
\r\ncomponents an indicator is built. The indicator is meant to formalize
\r\nthe process of determining the cost of innovation in a software
\r\ndevelopment project. The indicator aggregates all the innovation cost
\r\ncomponents that are identified in the research process. The process of
\r\ncalculating each cost component is also described. Conclusions are
\r\nformulated and new related research topics are submitted for debate.<\/p>\r\n","references":"[1] K. H. Tsai, \u201cThe impact of technological capability on firm performance\r\nin Taiwan's electronics industry,\u201d The Journal of High Technology\r\nManagement Research, Vol. 15, No. 2, pp. 183-195, 2004, DOI:\r\n10.1016\/j.hitech.2004.03.002.\r\n[2] G. Xingguo, S. Xiaozhong; Z. Weiwei, \u201cDynamic Evaluation Based on\r\nTiming Sequence Multi-Index for Technological Innovation Cost,\u201d\r\nProceedings of the International Conference on Management and\r\nService Science, MASS 2010, 24-26 Aug. 2010, Wuhan, China,\r\nPublisher: IEEE, doi: 10.1109\/ICMSS.2010.5576182, pp.1-4.\r\n[3] J. P. Allen, \u201cOpen Source Deployment at the City and County of San\r\nFrancisco: From Cost Reduction to Rapid Innovation,\u201d Proceedings of\r\nthe 43rd Hawaii International Conference on System Sciences, HICSS,\r\n5-8 Jan. 2010, Honolulu, USA, Publisher: IEEE, 2010, doi:\r\n10.1109\/HICSS.2010.295, pp. 1-10.\r\n[4] Cornell University, INSEAD, WIPO, \u201cThe Global Innovation Index\r\n2014: The Human Factor In innovation,\u201d second printing. Fontainebleau,\r\nIthaca, and Geneva, 2014, http:\/\/www.wipo.int\/edocs\/pubdocs\/en\/\r\neconomics\/gii\/gii_2014.pdf.\r\n[5] A. Savoia, P. Copeland, \u201cEntrepreneurial Innovation at Google,\u201d IEEE\r\nComputer, vol. 44, no. 4, pp. 56-61, 2011, ISSN 0018-9162, doi:\r\n10.1109\/MC.2011.62.","publisher":"World Academy of Science, Engineering and Technology","index":"Open Science Index 100, 2015"}