An Active Support Instrument for Innovation in Deep Uncertainty – The Strategic Management Ingredients in Robotics and Mechatronics

Boșcoianu, Mircea; Cioacă, Cătălin; Vlădăreanu, Victor; Boscoianu, Corina-Elena

doi:10.1016/j.procs.2015.09.112

Cited by 7 publications

(6 citation statements)

References 10 publications

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“…A valuation methodology based on options theory is presented in Ho et al, 98 where the mathematical framework for single‐stage and multi‐stage investments is developed. Real options analysis is the methodology used to capture the inherent complexity and uncertainty in innovation‐driven investments 99 . Real options allow to model different scenarios such as the timeframe of making investments and the resultant effect on long‐term value creation.…”

Section: Potential Areas Of Researchmentioning

confidence: 99%

Applications of robotics in floating offshore wind farm operations and maintenance: Literature review and trends

et al. 2022

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Marine operations required to transfer technicians and equipment represent a significant proportion of the total cost of offshore wind. The profile of sites being considered for floating offshore wind farms (FOWFs), e.g., further from the shore and in harsher environments, indicates that these costs need to be assessed by taking into account the maintenance requirements and restricted weather windows. There is an immediate need to investigate the potential use of robotic systems in the wind farm's operations and maintenance (O&M) activities, to reduce the need for costly manned visits. The use of robotic systems can be critical, not only to replace repetitive activities and bring down the levelised cost of energy but also to reduce the health and safety risks by supporting human operators in performing the desired inspections.This paper provides a review of the state of the art in the applications of robotics for O&M of FOWFs. Emerging technology trends and associated challenges and opportunities are highlighted, followed by an outline of the agenda for future research in this domain.

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Section: Potential Areas Of Researchmentioning

confidence: 99%

Applications of robotics in floating offshore wind farm operations and maintenance: Literature review and trends

et al. 2022

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“…Extenics studies the creation of such innovative ideas and seeks to develop procedures for understanding and creating new, original thought with the help of modern day advances in computer science. It is partly for this reason that Extenics is classified as part of Artificial Intelligence and is one of the fastest developing new fields of study in the world today [15].…”

Section: Extenicsmentioning

confidence: 99%

Development of Intelligent Algorithms for Uav Planning and Control

Vlădăreanu¹

2016

AFASES 2016

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“…A common problem of innovations is their market unpredictability leading to the fact that many ideas even are not attempted to be realized [1]. A potential risk and entry costs seam to be unacceptable to the authors of the ideas and their behaviour [2].…”

Section: Introductionmentioning

confidence: 99%

Cost model of an innovative company based on outsourcing and agile methods

Chlebus¹,

Kowalski²,

Minkus³

2017

Topics in Economics, Business and Management (EBM)

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The paper describes a logistic model of an enterprise based on outsourcing and the agile methods. The purpose of this model is reduction of risk in conditions of business uncertainty. The model was constructed in order to place as much as possible cost sources outside the enterprise. In the paper, two groups of processes are described: product design and supply chain management. The design process is so built that cost sources are located at the customer. In certain sectors, it is possible to create also an additional value and increase the customer's satisfaction. It is described how to set the customer as a designer and to create a system protecting against design errors. On the example of this process, estimation of process costs is described.

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An Active Support Instrument for Innovation in Deep Uncertainty – The Strategic Management Ingredients in Robotics and Mechatronics

Cited by 7 publications

References 10 publications

Applications of robotics in floating offshore wind farm operations and maintenance: Literature review and trends

Applications of robotics in floating offshore wind farm operations and maintenance: Literature review and trends

Development of Intelligent Algorithms for Uav Planning and Control

Cost model of an innovative company based on outsourcing and agile methods

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