TY - JOUR T1 - Viability Radar: A Practical Tool for Assessing the Viability of Transformative Service Innovations in a Healthcare Context JF - Technology Innovation Management Review Y1 - 2015 A1 - Marikka Heikkilä A1 - Jouni Saarni A1 - Valtteri Kaartemo A1 - Aki Koponen KW - business model KW - ecosystem KW - healthcare KW - innovation KW - institutionalization KW - technology KW - transformative service KW - viability KW - viability assessment KW - viability radar AB - This article develops and showcases the viability radar, which is designed to assess the innovation potential of transformative service ideas. Based on service research and innovation literature, we highlight the importance of novel simplifying technology, supporting value networks, cost-effective business models, and regulatory environments that enable the renewal of prevailing market practices. We operationalize the radar with a set of questions and assess the innovation potential of three pilot cases of new transformative healthcare services. PB - Talent First Network CY - Ottawa VL - 5 UR - http://timreview.ca/article/895 IS - 5 U1 - University of Turku Marikka Heikkilä is a Senior Research Fellow at the University of Turku, Finland. She has an interest in information systems, business models and business model innovation, and collaboration and coordination in business networks, especially with regard to services. Currently, she works for a Horizon2020 project (ENVISION) aiming at activating small and medium-sized enterprises (SMEs) across Europe to re-think and transform their business models with the help of an easy-to-use, open-access web platform. Marikka holds an MSc and a Licentiate of Science in Economics and Information Systems from the Helsinki School of Economics in Finland. She received her PhD from the Faculty of Information Technology at the University of Jyväskylä, Finland. U2 - University of Turku Jouni Saarni is a Development Manager in the Center for Collaborative Research at Turku School of Economics, University of Turku, Finland. He plans and executes joint research projects in collaboration with different interest groups. Saarni has background in industry analyses, innovation studies, and regulation evaluations. His research interests relate to industry dynamics, market competition, and technological change. U3 - University of Turku Valtteri Kaartemo (D.Sc.) is University Lecturer of Global Innovation Management at Turku School of Economics, University of Turku, Finland. Apart from teaching, he is actively involved in various research projects around healthcare innovations and renewing business practices. His major interests can be found in the intersection of international entrepreneurship, service, network, and process research. He has presented his research findings in various conferences and journals worldwide, including the International Journal of Business Excellence, Idäntutkimus, and Форсайт. U4 - University of Turku Aki Koponen is the Director and Founder of the Centre for Collaborative Research at Turku School of Economic, University of Turku, Finland. During the last 10 years, he has led over 50 interdisciplinary research, development, and consulting projects. Topics of the research include economic analysis of market competitiveness, effects of new legislation and regulation on competitiveness, competition in service industries, and market-based solutions for healthcare services. In addition to traditional competition policy issues, he has been in charge of several projects focused on innovation activity, industry dynamics, and strategic renewal, as well as regional development. He is also an active speaker and a regular commentator in regional and national media. ER -