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Which Moonshot Metrics Matter?
University of St. Gallen, Switzerland.ORCID iD: 0000-0001-8619-3242
Blekinge Institute of Technology, Faculty of Engineering, Department of Mechanical Engineering.ORCID iD: 0000-0003-0868-7831
2023 (English)In: Inventing the Almost Impossible: Creating, Teaching, Funding, and Leading Radical Innovation / [ed] Tamara Carleton, Shaun West, William R. Cockayne, Springer Nature, 2023, p. 95-101Chapter in book (Other academic)
Abstract [en]

Organizations that pursue the almost impossible—be it paradigm-shifting theories, scientific breakthroughs, technological invention, disruptive innovation, or game-changing products and services—are constantly grappling with the question, “What should we measure to gauge our potential opportunities, track our progress, or know we’re investing correctly to deliver?” To understand this question, this chapter looks at rising opportunity for businesses to capture breakthroughs and inventions earlier in their development, the transition of the ARPA model (DARPA, I-ARPA, ARPA-E, and ARPA-H) from seeking future results to more near-term impact, and the internal measures used by Lenovo and Facebook to measure their progress. This chapter builds on the pioneering work done in Stanford University’s Foresight program, a two-decade long effort that culminated in the launch of Stanford’s Moonshots program and the book Building Moonshots: 50+ Ways to turn Radical Ideas into Reality.

Place, publisher, year, edition, pages
Springer Nature, 2023. p. 95-101
Series
Future of Business and Finance, ISSN 2662-2467, E-ISSN 2662-2475
National Category
Business Administration
Identifiers
URN: urn:nbn:se:bth-25686DOI: 10.1007/978-3-031-36224-8_9ISBN: 9783031362231 (print)OAI: oai:DiVA.org:bth-25686DiVA, id: diva2:1817028
Available from: 2023-12-05 Created: 2023-12-05 Last updated: 2024-01-12Bibliographically approved

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