2. About me
Dr Ludmila Striukova!
Senior Lecturer (Associate Prof.) in Management!
University College London!
Associate Editor of Int. J. of Entrepreneurship and
Innovation Management!
e-mail: l.striukova@ucl.ac.uk
7. Issues faced by entrepreneurs
NPD issues (Complexity , High failure rate)!
Technical issues (Lack of technical resources, Defective products)!
Market issues (Creating demand, market and delivery channels,
Understanding and meeting customer expectations and needs, Poor market
research and analysis, Market segmentation, Product entry and exit,
Scalability Competition)!
Financial issues (Initial cost of production, Lack of financial
resources, Venture Capital issues)!
Business model issues
!
12. Direct manufacturing
Manufacturing can be done on demand!
Enables continuous product development; customer
feedback and ideas of improvements can be integrated in
the product in real time.!
Important as entrepreneurs often have difficulties
understanding and meeting customer expectations carry
out poor market research and analysis.!
Scalability becomes possible
13. Prototype Early production
Rapid prototyping Direct manufacturing Rapid tooling
Mass distribution
3D printing
trad. manuf.
Product development
14.
15. Prototype Early production
Rapid prototyping Direct manufacturing Rapid tooling
Mass distribution
3D printing
trad. manuf.
Product development
Prototype Mass distribution
trad. manuf.
Prod. dev.
large
investment
needed
Immature
product
Proof of
commercial
potential?
Gap
19. Business Model Framework
Value Proposition
Product offering
Service offering
Pricing model
Value Capture
Revenue model
Cost structure
Profit allocation
Value Delivery
Distribution Channels
Target market segments
Value
Communication
Communication channels
Ethos and story
Value Creation
Core competencies
Key resources
Governance
Complementary assets
Value networks
Rayna and Striukova (2014)
20. Business Model Framework
Value Proposition
Product offering
Service offering
Pricing model
Value Capture
Revenue model
Cost structure
Profit allocation
Value Delivery
Distribution Channels
Target market segments
Value
Communication
Communication channels
Ethos and story
Value Creation
Core competencies
Key resources
Governance
Complementary assets
Value networks
Rapid prototyping
Rapid tooling
Direct manufacturing
+/-
+/-
+/-
Home fabrication
+/-
+/-
Rayna and Striukova (2014)
30. Consequence
Production no longer has to be concentrated!
1. Time-wise (no need to produce a lot at once)!
2. Location-wise (no need to produce a lot at the same
location)
33. On demand production
Less waste (actual demand vs estimated demand)!
Lower storage costs (raw materials only)!
Lower transportation costs (raw materials only)!
And decreased pollution !
Better fit products!
More fixable products
34. One (two) more things…
Subtractive vs additive (90% less waste)!
Regional development (no longer live in a city!)!
Sustainable development for developing countries!
Tools fit for local conditions!
Spare parts
39. Critical role of policies
Barcelona: move towards self-sufficiency (March and
Ribera-Fumaz, 2014)!
EU: reducing ecological footprint with factories
integrated in residential areas (Vallés, 2013)!
Canada, Russia: development of regions difficult to
access
44. A cleaner tech?
3D printing =!
No additional cost for complexity (shape)!
Significant additional cost when adding extra
material!
Fewer materials = more recyclable!
Uni-material objects
47. Conclusion
3D printing technology displays properties that are
particularly close to the requirements of sustainable
development!
But, there are hurdles on the way:!
No economies of scale!
Finding purpose!
Critical role of policies