A Framework Based on Fuzzy Logic to Manage Risk in an Open Innovation Context

Ricardo Santos, António Abreu, João M. F. Calado, José Miguel Soares, José Duarte Moleiro Martins

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Citation (Scopus)

Abstract

Virtual enterprises (VE), is well-known to make use of open innovation to achieve competitiveness, through innovation on product development. However, its limited resources, combined with the innovation resulted from the diversity of partners involved, rises some challenges to its management, specifically regarded with risk management. To fulfill these requirements, risk management’s models, have been conceived to assist managers, on preventing threats with such risks, although without adequately incorporate the influence of each process domain on product development, as well as the subjectivity regarding human perception. In order to consider these issues, this work presents an approach, supported by fuzzy logic, to assess the risk’s level on product development in an open innovation context. The model robustness, will be assessed through a case study, where it will be also discussed the benefits and challenges found.

Original languageEnglish
Title of host publicationBoosting Collaborative Networks 4.0 - 21st IFIP WG 5.5 Working Conference on Virtual Enterprises, PRO-VE 2020, Proceedings
EditorsLuis M. Camarinha-Matos, Hamideh Afsarmanesh, Angel Ortiz
PublisherSpringer
Pages336-349
Number of pages14
ISBN (Electronic)978-3-030-62412-5
ISBN (Print)978-3-030-62411-8
DOIs
Publication statusPublished - 2020
Event21st IFIP WG 5.5 Working Conference on Virtual Enterprises, PRO-VE 2020 - Valencia, Spain
Duration: 23 Nov 202025 Nov 2020

Publication series

NameIFIP Advances in Information and Communication Technology
PublisherSpringer
Volume598
ISSN (Print)1868-4238
ISSN (Electronic)1868-422X

Conference

Conference21st IFIP WG 5.5 Working Conference on Virtual Enterprises, PRO-VE 2020
CountrySpain
CityValencia
Period23/11/2025/11/20

Keywords

  • Collaborative networks
  • Fuzzy logic
  • New product development
  • Open innovation
  • Risk management

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