Enhancing Product Innovation Through Smart Innovation Engineering System

Abstract

<p>This paper illustrates the idea of Smart Innovation Engineering (SIE) System that helps in carrying the process of product innovation. The SIE system collects the experiential knowledge from the formal decisional events. This experiential knowledge is collected from the set of similar products having some common functions and features. Due to the fact that SIE system collects, captures and reuses the experiential knowledge of all the similar products apart from the knowledge about new technological advancements, it behaves like a group of experts in its domain. Through this system, the innovation process of manufactured products can be greatly enhanced. Moreover, entrepreneurs and manufacturing organizations will be able to take proper, enhanced decisions and most importantly at appropriate time. The expertise of SIE System is ever increasing as every decision taken is stored in the form of set of experience that can be used in future for similar queries.</p>