©2007 Naomi Fried
Developed by Naomi Fried, PhD, the Innovation Lifecycle is a useful framework for thinking about how innovation occurs within a service company. It does not reflect the commercialization path for a device or product. A product company would characterize its product lifecycle similarly but with different steps. The Innovation Lifecycle is comprised of 6 steps plus a gap--the operationalization or o-gap. The Innovation Lifecycle is a powerful paradigm for planning and organizing innovation in a healthcare organization.
For a detailed explanation of the phases of the Innovation Lifecycle, check out Naomi Fried's blog "Where are you in the innovation lifecycle?" on Boston Children's Science and Innovation Blog (Vector). You can also watch Naomi Fried's keynote presentation explaining the Innovation Lifecycle.