feasibility in technological innovation

 

Question: TECHNOLOGICAL INNOVATION

INTRODUCTION:

World at present times is grappling with several problems and most of these issues are centered on the developing or underdeveloped countries where there is lack of infrastructure. There are several problems at hand due to lack of infrastructure but can be solved through technological innovation. One such technological innovation has been documented in this article which can lead to the benefit of several people around the world. However there needs to be a careful analysis of the innovation idea about its feasibility, scalability and right way of implementation. All these aspects have been discussed in this article in detail.

TECHNOLOGY INNOVATION:

The project that has been chosen as a technological innovation has been termed as project loon. It will consist of setting up a network of balloons at the outer edge of space so that it can
facilitate in connecting people from one place to another. This would be particularly helpful for the people residing in remote rural areas where mode of communication is difficult. It will act as a backup mechanism wherein people could be brought online through these balloons if they are under certain threat of disaster. This can act as a breakthrough solution for the people at remote areas and need help in difficult times (Mann, 2003).  

BUSINESS SCENARIO:

For any technology innovation to be successfully employed there needs to be a business case which has to be developed. Similar is the case with project loon and for the business scenario UNICEF can be used as a channel for implementation. UNICEF is a United Nations program that focuses on providing assistance to women and children in developing countries. UNICEF personnel are often one of the first responders to a natural disaster. When natural disasters occur, UNICEF will send a team to the area hit by the natural disaster and begin to provide medical and emergency assistance to women and children affected by the natural disaster.

RATIONALE FOR PROJECT:

The scenario which motivated for the development of this project needs to be understood for the successful adoption of the solution. Many developing countries have fragile communication infrastructures. Internet access and phone networks can be slow in performance and susceptible to intermittent failure due to power interruptions and weather related interruptions. The stability and performance of these data and voice communications networks are severely impacted by natural disasters. The failure of these networks can dramatically impede the communication needs and efforts of the UNICEF. Therefore project loon can act as a safeguard against all these disaster failures and help out people at threat to be rescued from danger (Overvik Olsen & Welo, 2011).

CONCLUSION:

This report illustrates the different aspect of the technology innovation projects which has to be thought about before going forward with the adoption. It talks about the rationale behind the project and how a business case can be built around project loon. The efficacy of the project also needs to be judged in order to have a successful implementation. All these aspects put together lead to the perfect implementation and adoption of project loon. At last it is justified to mention that the report develops a structured approach for the analysis of project loon which can use for the analysis of other similar project.  

Reference

Mann, D. L. (2003). Better technology forecasting using systematic innovation methods. Technological Forecasting and Social Change, 70(8), 779–795. Doi: 10.1016/s0040-1625(02)00357-8
Overvik Olsen, T., & Welo, T. (2011). Maximizing product innovation through Adaptive application of user-centered methods for defining customer value. Journal of Technology Management & Innovation, 6(4), 172–192. Doi: 10.4067/s0718-27242011000400013

Place Order For A Top Grade Assignment Now

We have some amazing discount offers running for the students

Place Your Order

Get Quality Assignment Without Paying Upfront

Hire World's #1 Assignment Help Company

Place Your Order