24th Congress of International Council of the Aeronautical Sciences, 29 August-3, September 2004, Yokohama, Japan
Paper ICAS 2004-7.9.1 (I.L.)

A VALUE PERSPECTIVE ON AEROSPACE INNOVATION

E. M. Murman
Department of Aeronautics and Astronautics, Massachusetts Institute of Technology, USA

Keywords: value, value creation, aerospace innovation

The basic hypothesis of this paper is that innovation is linked to value creation. A value creation framework is introduced along with knowledge from dynamics of innovation and disruptive technologies. Past examples are considered in light of these frameworks, and several examples of opportunities for future innovation are suggested.

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