Uploaded by Desiree Desu

different types of innovation uncertainty

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Technological Uncertainty
a. How new the technology is
b. How to use it
Market Uncertainty
a. Unclear customer needs
b. Lack of knowledge about the behavior of competitors
c. Difficulties in predicting the price development of raw materials and competing products and services
Regulatory/institutional uncertainty
a. Ambiguous regulatory and institutional environment
b. Instability of government subsidies
Social/political uncertainty
a. Diversity of interests among stakeholders of innovation processes
b. Power struggle
Acceptance/legitimacy uncertainty
a. Necessary skills and knowledge contradict existing skills and knowledge possessed by users of
innovation
b. Innovation threatens individual’s basic values and/or organization’s norms
Managerial uncertainty
a. Fear of failure
b. Lacks of requisite tools to manage risk inherent in innovation process
Timing uncertainty
a. Lack of information in the early phases of innovation
b. Ambiguity of information in the late phases of innovation
c. Temporal complexity
Consequence uncertainty
a. Indirect consequences
b. undesirable consequences
c. unintended consequences
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