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Victorious      WEEKLY	
  –	
  EVERY	
  THURSDAY	
  



    Lead User Innovation
       Collaboration
Managing	
  Editor	
  
Editor	
  in	
  Chief	
  
                                     Jay	
  Gada	
  
Simon	
  Ramsden	
  




Executive	
  Editor	
        Creative	
  Director	
  

Shannie	
  Tu	
                  Flavia	
  Vintila	
  




Copy	
  Editor	
                   Fact	
  Checker	
  
Emma	
  –Zhuo	
  Yi	
                 Ivy	
  Huang	
  
2
1




    Network	
  is	
  a	
  word	
  concluded	
                  between	
  the	
  president	
  and	
  
    wide	
  range,	
  thus	
  it	
  has	
  many	
              visitor.	
  Furthermore,	
  if	
  the	
  caller	
  
    meaning	
  that	
  generally	
  used	
  in	
               is	
  looking	
  for	
  the	
  entrepreneur	
  at	
  
    piping	
  systems,	
  transportation	
                     that	
  time,	
  the	
  situation	
  illustrate	
  
    systems	
  and	
  communication	
                          surely	
  he	
  has	
  very	
  good	
  relation	
  
    systems.	
  In	
  general,	
  it	
  means	
  the	
         with	
  the	
  president.	
  
    system	
  that	
  composed	
  associated	
  
    individuals,	
  such	
  as	
  interpersonal	
              On	
  the	
  other	
  hand,	
  a	
  successful	
  
    networks,	
  transportation	
                              entrepreneur	
  should	
  focuses	
  on	
  
    networks,	
  social	
  networks	
  and	
                   strengthening	
  the	
  network	
  more	
  
    communication	
  networks.	
                               than	
  just	
  consolidate	
  solid	
  
                                                               relationship.	
  Strong	
  relationship	
  
    Network	
  definitely	
  is	
  quite	
                     that	
  is	
  built	
  on	
  similar	
  
    significant	
  for	
  entrepreneurs	
  and	
               background	
  or	
  value	
  might	
  not	
  
    associated	
  with	
  success	
  or	
  not.	
              enhance	
  the	
  knowledge	
  and	
  
    That	
  is	
  to	
  say,	
  entrepreneurs	
  will	
        experiences	
  for	
  entrepreneurs,	
  
    succeed	
  easily	
  when	
  their	
                       like	
  their	
  families	
  and	
  friends.	
  The	
  
    network	
  is	
  more	
  extensive,	
                      important	
  one	
  is	
  weak	
  
    complicate	
  and	
  diverse,	
  since	
                   relationship	
  that	
  means	
  they	
  
    they	
  have	
  strong	
  networking	
  to	
               build	
  relationship	
  with	
  wider	
  
    help	
  them	
  as	
  meeting	
  a	
  dilemma,	
           people,	
  such	
  as	
  colleagues,	
  
    therefore,	
  the	
  opportunity	
  of	
                   partners	
  or	
  others.	
  They	
  would	
  
    solving	
  problem	
  would	
  become	
                    have	
  different	
  experiences,	
  
    bigger.	
  On	
  the	
  contrast,	
  the	
                 knowledge	
  and	
  resources	
  to	
  
    chance	
  of	
  success	
  is	
  smaller	
  for	
          entrepreneurs.	
  According	
  to	
  this,	
  
    entrepreneurs	
  while	
  the	
  network	
                 entrepreneurs	
  could	
  find	
  
    is	
  less,	
  narrow	
  or	
  simplex.	
  There	
         something	
  or	
  someone	
  the	
  
    are	
  a	
  story	
  which	
  is	
  related	
  about	
     company	
  needs	
  from	
  the	
  kind	
  of	
  
    the	
  network	
  construction	
  of	
                     people	
  who	
  has	
  more	
  rich	
  
    entrepreneurs	
  could	
  explain	
  this	
                experiences	
  and	
  different	
  
    concept.	
  The	
  content	
  shows	
  the	
               resources.	
  To	
  sum	
  up,	
  great	
  
    relationship	
  between	
  the	
                           network	
  is	
  beneficial	
  to	
  
    entrepreneurs	
  and	
  the	
  President	
                 entrepreneurs	
  and	
  the	
  
    of	
  the	
  U.S.	
  when	
  they	
  visit	
  the	
        development	
  of	
  firms.	
  
    Oval	
  Office	
  of	
  the	
  White	
  House.	
  It	
  
    can	
  understand	
  the	
  relationship	
                             	
  
    between	
  them	
  is	
  limited	
  as	
  the	
  
    phone	
  rings	
  and	
  the	
  president	
  
    answers	
  the	
  call	
  immediately,	
  
    whereas	
  if	
  the	
  president	
  asked	
  
    the	
  secretary	
  to	
  tell	
  the	
  caller	
  
    “wait	
  a	
  minute”,	
  it	
  explains	
  there	
  
    are	
  good	
  relational	
  network	
  
3
2
1




                                                                                                                        And we
                                                                                                                        continue …




    Why	
  might	
  networks	
  be	
  necessary	
  for	
  innovative	
  
    individuals?	
  

     A	
  research	
  from	
  sociology	
              getting	
  information,	
  resources	
                     clients	
  request	
  them	
  sell	
  part	
  of	
  
     professor	
  in	
  the	
  University	
  of	
      and	
  social	
  support,	
  thus	
  the	
                 the	
  stock	
  with	
  lower	
  price.	
  All	
  of	
  
     North	
  Carolina	
  at	
  Chapel	
  Hill	
       activity	
  of	
  starting	
  a	
  new	
                   these	
  requirements	
  m ight	
  cause	
  
     named	
  Howard	
  Aldrich	
                      business	
  exists	
  in	
  the	
  network	
               profitable	
  for	
  the	
  interpersonal	
  
     indicated	
  that	
  the	
  network	
  and	
      of	
  social	
  relationship.	
  Building	
  a	
           relationship,	
  but	
  harmful	
  to	
  the	
  
     entrepreneurial	
  exist	
  the	
                 new	
  business	
  generally	
  presents	
                 profits	
  of	
  new	
  b usiness.	
  In	
  short,	
  
     significant	
  link	
  in	
  relationship.	
      the	
  innovation	
  of	
  technology,	
                   network	
  is	
  a	
  key	
  point	
  for	
  
     Creating	
  a	
  new	
  business	
  was	
         products	
  and	
  integration,	
  and	
                   innovation	
  individuals,	
  however,	
  
     promote	
  or	
  restricted	
  under	
  the	
     innovation	
  individuals	
  could	
                       they	
  should	
  have	
  a	
  balance	
  when	
  
     relationship	
  of	
  entrepreneurs,	
            precede	
  coordination	
  to	
                            they	
  make	
  a	
  decision	
  which	
  
     resources	
  and	
  opportunity,	
                resources	
  of	
  finance,	
  human	
  and	
              involves	
  the	
  interests	
  of	
  the	
  
     moreover,	
  they	
  also	
  rely	
  on	
         technology	
  through	
  the	
                             company	
  and	
  interpersonal.	
  
     social	
  relations	
  that	
  concludes	
        structure	
  of	
  relational	
  network,	
  
                                                       that	
  is	
  to	
  say,	
  entrepreneurs	
  is	
  a	
                 	
  
                                                       person	
  as	
  same	
  as	
  an	
  efficient	
  
                                                       constructer	
  on	
  relational	
  
                                                       network.	
  Network	
  is	
  helpful	
  to	
  
                                                       create	
  a	
  new	
  company;	
  
                                                       meanwhile,	
  it	
  might	
  bring	
  some	
  
                                                       conflicts	
  of	
  interest.	
  For	
  
                                                       example,	
  shareholders	
  require	
  
                                                       entrepreneurs	
  purchase	
  
                                                       particular	
  vendor's	
  equipment	
  
                                                       that	
  has	
  higher	
  price	
  or	
  major	
  
learning	
  from	
  each	
  other.	
  The	
                   This	
  is	
  like	
  a	
  sample	
  of	
  communities	
  
                                                                                                                            deal	
  with.	
  Therefore,	
  
phenomenon	
  could	
  be	
  happened	
  in	
                 of	
  practice,	
  it	
  brings	
  the	
  innovation,	
  
everywhere,	
  in	
  school,	
  work	
  place,	
              but	
  this	
  innovation	
  is	
  like	
                     lacking	
  of	
  professional	
  
leisure	
  activities	
  even	
  family,	
  which	
           incremental	
  innovation,	
  rather	
  than	
   manager	
  to	
  conduct	
  and	
  
every	
  social	
  territory.	
                               with	
  radical	
  innovation.	
  Move	
  over,	
   monitor	
  the	
  process	
  of	
  
	
                                                            Intel	
  and	
  Hewlett-­‐Packard	
  are	
                    innovation	
  might	
  become	
  
Through	
  Communities	
  of	
  practise,	
  it	
             known	
  to	
  let	
  their	
  employees	
                    another	
  problem	
  (Swan,
can	
  stimulate	
  the	
  change	
  and	
                    spawn	
  powerful	
  albeit	
  informal	
                     Scarbrough &
innovation.	
  	
  Because	
  the	
                           personal	
  networks	
  of	
  all	
  with	
  whom	
  
                                                                                                                            Robertson,2002).	
  
background	
  of	
  members	
  in	
                           they’ve	
  been	
  working.	
  They	
  b elieve	
  
communities	
  are	
  diverse,	
  it	
  is	
  could	
         this	
  way	
  can	
  foster	
  their	
  employees	
  
foster	
  the	
  different	
  idea	
  to	
  come	
  up.	
     to	
  develop	
  the	
  creative	
  insight	
  and	
  
In	
  the	
  group,	
  people	
  will	
  build	
  a	
         benefit	
  their	
  company	
  (community-­‐ 	
  
knowledge	
  database	
  to	
  achieve	
  the	
               intelligence,2003).	
  
purpose.	
  People	
  in	
  this	
  group	
  tend	
           	
  
to	
  be	
  encouraged	
  to	
  be	
  innovative.	
           Although	
  the	
  communities	
  of	
  
By	
  means	
  of	
  sharing	
  knowledge,	
                  practice	
  could	
  encourage	
  the	
  
members	
  will	
  exploit	
  the	
  potential	
              incremental	
  innovation,	
  it	
  also	
  
for	
  creativity	
  and	
  innovation	
  (Amin	
             could	
  limit	
  the	
  knowledge	
  flows	
  
&	
  Roberts,	
  2008).	
                                     across	
  whole	
  communities. The	
  
	
                                                            radical	
  innovations	
  often	
  take	
  place	
  
For	
  example,	
  as	
  innovation	
  group,	
               at	
  the	
  interstices	
  across	
  established	
  
the	
  entire	
  EBIN	
  students	
  are	
                    groups	
  and	
  work	
  activities	
  
divided	
  into	
  different	
  group	
  in	
  the	
          (Erasmus, 2005).	
  Besides,	
  the	
  
innovation	
  lecture,	
  which	
  come	
                     communities	
  of	
  practice	
  might	
  be	
  
from	
  different	
  background	
  and	
                      inhibiting	
  this	
  notion.	
  The	
  will	
  have	
  
everyone	
  has	
  passion	
  on	
  doing	
  the	
            implied	
  problems	
  in	
  communities	
  
work	
  well.	
  We	
  usually	
  come	
  up	
  with	
        of	
  practice,	
  which	
  can	
  inhibit	
  the	
  
how	
  to	
  present	
  our	
  context	
  in	
  novel	
       development	
  of	
  innovation.	
  
way,	
  every	
  time	
  we	
  are	
                          Because	
  the	
  members	
  who	
  involved	
  
brainstorming	
  and	
  develop	
  new	
                      in	
  the	
  communities	
  are	
  Voluntary,	
  
knowledge,	
  we	
  will	
  generate	
  a	
  new	
            the	
  attribution	
  of	
  intelligence	
  
way	
  to	
  present	
  it.	
  	
                             property	
  right	
  is	
  a	
  problem	
  need	
  to	
  	
  
Table1	
  is	
  the	
  most	
  
common	
  method	
  
that	
  companies	
  
adopt	
  to	
  establish	
  
the	
  relationship	
  
with	
  other	
  
organizations.	
  By	
  
means	
  of	
  these	
  
ways,	
  there	
  are	
  
number	
  of	
  positive	
  
outcomes	
  when	
  
companies	
  
engaged	
  in	
  
strategic	
  alliances.	
  
 
       John,	
  35	
  
       Q:	
  Hey	
  guys!	
  Just	
  a	
  quick	
  question,	
  can	
  you	
  give	
  me	
  a	
  
       short	
  list	
  of	
  benefits	
  and	
  problems	
  associated	
  with	
  
       using	
  Open	
  Source?	
  Cheers!	
  

       A:	
  

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Wk8 mag

  • 1. Victorious WEEKLY  –  EVERY  THURSDAY   Lead User Innovation Collaboration
  • 2. Managing  Editor   Editor  in  Chief   Jay  Gada   Simon  Ramsden   Executive  Editor   Creative  Director   Shannie  Tu   Flavia  Vintila   Copy  Editor   Fact  Checker   Emma  –Zhuo  Yi   Ivy  Huang  
  • 3. 2 1 Network  is  a  word  concluded   between  the  president  and   wide  range,  thus  it  has  many   visitor.  Furthermore,  if  the  caller   meaning  that  generally  used  in   is  looking  for  the  entrepreneur  at   piping  systems,  transportation   that  time,  the  situation  illustrate   systems  and  communication   surely  he  has  very  good  relation   systems.  In  general,  it  means  the   with  the  president.   system  that  composed  associated   individuals,  such  as  interpersonal   On  the  other  hand,  a  successful   networks,  transportation   entrepreneur  should  focuses  on   networks,  social  networks  and   strengthening  the  network  more   communication  networks.   than  just  consolidate  solid   relationship.  Strong  relationship   Network  definitely  is  quite   that  is  built  on  similar   significant  for  entrepreneurs  and   background  or  value  might  not   associated  with  success  or  not.   enhance  the  knowledge  and   That  is  to  say,  entrepreneurs  will   experiences  for  entrepreneurs,   succeed  easily  when  their   like  their  families  and  friends.  The   network  is  more  extensive,   important  one  is  weak   complicate  and  diverse,  since   relationship  that  means  they   they  have  strong  networking  to   build  relationship  with  wider   help  them  as  meeting  a  dilemma,   people,  such  as  colleagues,   therefore,  the  opportunity  of   partners  or  others.  They  would   solving  problem  would  become   have  different  experiences,   bigger.  On  the  contrast,  the   knowledge  and  resources  to   chance  of  success  is  smaller  for   entrepreneurs.  According  to  this,   entrepreneurs  while  the  network   entrepreneurs  could  find   is  less,  narrow  or  simplex.  There   something  or  someone  the   are  a  story  which  is  related  about   company  needs  from  the  kind  of   the  network  construction  of   people  who  has  more  rich   entrepreneurs  could  explain  this   experiences  and  different   concept.  The  content  shows  the   resources.  To  sum  up,  great   relationship  between  the   network  is  beneficial  to   entrepreneurs  and  the  President   entrepreneurs  and  the   of  the  U.S.  when  they  visit  the   development  of  firms.   Oval  Office  of  the  White  House.  It   can  understand  the  relationship     between  them  is  limited  as  the   phone  rings  and  the  president   answers  the  call  immediately,   whereas  if  the  president  asked   the  secretary  to  tell  the  caller   “wait  a  minute”,  it  explains  there   are  good  relational  network  
  • 4. 3 2 1 And we continue … Why  might  networks  be  necessary  for  innovative   individuals?   A  research  from  sociology   getting  information,  resources   clients  request  them  sell  part  of   professor  in  the  University  of   and  social  support,  thus  the   the  stock  with  lower  price.  All  of   North  Carolina  at  Chapel  Hill   activity  of  starting  a  new   these  requirements  m ight  cause   named  Howard  Aldrich   business  exists  in  the  network   profitable  for  the  interpersonal   indicated  that  the  network  and   of  social  relationship.  Building  a   relationship,  but  harmful  to  the   entrepreneurial  exist  the   new  business  generally  presents   profits  of  new  b usiness.  In  short,   significant  link  in  relationship.   the  innovation  of  technology,   network  is  a  key  point  for   Creating  a  new  business  was   products  and  integration,  and   innovation  individuals,  however,   promote  or  restricted  under  the   innovation  individuals  could   they  should  have  a  balance  when   relationship  of  entrepreneurs,   precede  coordination  to   they  make  a  decision  which   resources  and  opportunity,   resources  of  finance,  human  and   involves  the  interests  of  the   moreover,  they  also  rely  on   technology  through  the   company  and  interpersonal.   social  relations  that  concludes   structure  of  relational  network,   that  is  to  say,  entrepreneurs  is  a     person  as  same  as  an  efficient   constructer  on  relational   network.  Network  is  helpful  to   create  a  new  company;   meanwhile,  it  might  bring  some   conflicts  of  interest.  For   example,  shareholders  require   entrepreneurs  purchase   particular  vendor's  equipment   that  has  higher  price  or  major  
  • 5.
  • 6. learning  from  each  other.  The   This  is  like  a  sample  of  communities   deal  with.  Therefore,   phenomenon  could  be  happened  in   of  practice,  it  brings  the  innovation,   everywhere,  in  school,  work  place,   but  this  innovation  is  like   lacking  of  professional   leisure  activities  even  family,  which   incremental  innovation,  rather  than   manager  to  conduct  and   every  social  territory.   with  radical  innovation.  Move  over,   monitor  the  process  of     Intel  and  Hewlett-­‐Packard  are   innovation  might  become   Through  Communities  of  practise,  it   known  to  let  their  employees   another  problem  (Swan, can  stimulate  the  change  and   spawn  powerful  albeit  informal   Scarbrough & innovation.    Because  the   personal  networks  of  all  with  whom   Robertson,2002).   background  of  members  in   they’ve  been  working.  They  b elieve   communities  are  diverse,  it  is  could   this  way  can  foster  their  employees   foster  the  different  idea  to  come  up.   to  develop  the  creative  insight  and   In  the  group,  people  will  build  a   benefit  their  company  (community-­‐   knowledge  database  to  achieve  the   intelligence,2003).   purpose.  People  in  this  group  tend     to  be  encouraged  to  be  innovative.   Although  the  communities  of   By  means  of  sharing  knowledge,   practice  could  encourage  the   members  will  exploit  the  potential   incremental  innovation,  it  also   for  creativity  and  innovation  (Amin   could  limit  the  knowledge  flows   &  Roberts,  2008).   across  whole  communities. The     radical  innovations  often  take  place   For  example,  as  innovation  group,   at  the  interstices  across  established   the  entire  EBIN  students  are   groups  and  work  activities   divided  into  different  group  in  the   (Erasmus, 2005).  Besides,  the   innovation  lecture,  which  come   communities  of  practice  might  be   from  different  background  and   inhibiting  this  notion.  The  will  have   everyone  has  passion  on  doing  the   implied  problems  in  communities   work  well.  We  usually  come  up  with   of  practice,  which  can  inhibit  the   how  to  present  our  context  in  novel   development  of  innovation.   way,  every  time  we  are   Because  the  members  who  involved   brainstorming  and  develop  new   in  the  communities  are  Voluntary,   knowledge,  we  will  generate  a  new   the  attribution  of  intelligence   way  to  present  it.     property  right  is  a  problem  need  to    
  • 7. Table1  is  the  most   common  method   that  companies   adopt  to  establish   the  relationship   with  other   organizations.  By   means  of  these   ways,  there  are   number  of  positive   outcomes  when   companies   engaged  in   strategic  alliances.  
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  • 20.   John,  35   Q:  Hey  guys!  Just  a  quick  question,  can  you  give  me  a   short  list  of  benefits  and  problems  associated  with   using  Open  Source?  Cheers!   A: