The 2019 report has been developed by an International Research Team: Politecnico di Milano – School of Management, Delft University of Technology – Industrial Design Engineering, Imperial College Business School, Reykjavik University – Center for Research on Innovation, Entrepreneurship and Stockholm School of Economics – House of Innovation and College of William & Mary – Raymond A. Mason School of Business.
politecnico di milano
Politecnico di Milano was founded in 1863 as a scientific-technological university which trains engineers, architects and industrial designers. The University has always focused on the quality and innovation of its teaching and research, developing a fruitful relationship with business and productive world by means of experimental research and technological transfer. The School of Management – SoM – Politecnico di Milano was established formally in 2003 and groups together MIP (the Graduate School of Business founded in 1979) and DIG (the Department of Management Engineering – Dipartimento di Ingegneria Gestionale), established in 1990, combining all research and education operations in the field of management, an area of major importance at Politecnico di Milano, with our MSc in Management Engineering being taught since 1982. The School of Management delivers an end-to-end portfolio of services in research, education and high-level consultancy within the fields of management, economics, and industrial engineering. Being part of the Politecnico di Milano influences our work on three levels. Leadin’ Lab is the laboratory for Leadership, Design and Innovation that helps leaders to create meaningful innovations and transform organizations.
delft university of technology
The faculty of Industrial Design Engineering is the largest and broadest scientific design institute in the world, with over 2,000 students, more than 6,000 alumni and 300 staff (researchers and lecturers, including designers from industrial practice). The faculty aims to contribute to a better living environment and respond to social challenges by combining human values and desires with technological feasibility and economic viability. We are excellently placed to do so, as we ground design methods and skills in scientific knowledge from a wide range of disciplines, leading to concrete solutions. The faculty of Industrial Design Engineering consists of three departments: Industrial Design Engineering (ID), Design Engineering (DE) and Product Innovation Management (PIM). The education and research of the PIM department focusses on the methodological, organizational and market aspects of new product and service design. The aim is to help designers create product or service propositions that provide value for individuals, organizations, and society. The PIM department is also at the forefront of research collaborations with industry partners (companies, institutions, governments) to discover new directiions of mutual interest and to promote continue operationalization and dissemination of research results.
imperial college business school
As part of Imperial College London, a global leader in science and technology, the Business School drives business advantage through the fusion of business and technology and an entrepreneurial mindset. It combines innovative thinking and insight with new technology to develop practical solutions to real world issues, benefiting business and improving society. World-leading research on design, innovation and entrepreneurship informs our postgraduate and Executive Education programmes and is sought by governments, policy-makers and global business leaders who often partner with us on research projects. As organisations face fierce global competition, rapidly developing technologies and dwindling world resources, being able to implement product, service and process innovations, as well as develop individual or corporate entrepreneurial skills, becomes increasingly vital. Our research examines cutting-edge entrepreneurial, innovation, digital, knowledge, design and commercialisation processes, giving us unique insight into the latest thinking and practice. In particular, our research is focused on understanding the process of Design Thinking, and how people collaborate and interact in teams when they develop new products and services. We investigate these topics in the context of creative organisations (e.g. design-consulting firms), which are increasingly important in modern economies, but currently understudied and undertheorized.
The Reykjavik University Center for Research on Innovation and Entrepreneurship (RUCRIE) is built on the foundation of an international reputation in the areas of innovation and entrepreneurship, including research on the founding and growth of new ventures, business model innovation, service innovation and experience-based innovation. From 2005 to 2016 RUCRIE conducted an ambitious longitudinal survey-based research project successfully following about 200 new Icelandic ventures from the time of start-up with yearly surveys. This yielded important insights about the factors that influence new firm survival and growth. RUCRIE has successfully coordinated several large funded research projects. The most recent project ended in 2016 and was entitled “Transforming SMEs in Creative Sectors through Business Model Innovation” (Reinvent), and was funded by the EU under the FP7 programme.
stockholm school of economics
The Stockholm School of Economics (SSE) is the leading business school in the Nordics (Financial Times rankings). The mission of SSE is to, through scientific teaching and research, strengthen Sweden’s competitiveness. SSE therefore build strong relationships with companies in order to understand their needs and challenges, so that it can educate future responsible leaders in business and beyond. SSE aims to be recognized as a global benchmark for thought leadership in selected knowledge fields: finance, retailing, sustainability and innovation.
The House of Innovation is a newly formed inter-disciplinary research, education and outreach environment focused on innovation, digitalization and entrepreneurship. It produces scientifically based knowledge relevant to academics, corporations, government agencies, civil society actors and individuals. In doing so, it interacts with an international network of scholars and academic institutions, as well as with corporate and institutional funders. Ongoing research projects at the House of Innovation address phenomena like design thinking, open innovation and alliances, creativity and constraints, smart mobility and sustainable cities, digitalization in public sector. SSE’s incubator (SSE Business Lab) and the Stockholm School of Entrepreneurship, a consortium between the five main universities in Stockholm, are also part of the House of Innovation.
college of william & mary
William & Mary is a premier liberal arts university, chartered in 1693, and has long been considered a “Public Ivy.” The Financial Times ranked William & Mary as a global top 100 business school in 2019. The Marketing undergraduate program was ranked #1 by Bloomberg Businessweek in 2013. Currently, the MBA program is ranked #1 in “Learning” by Bloomberg Businessweek and #3 for “Best Professors” by Princeton Review in 2019.
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dt4b report 2019 pictures the Design Thinking market across different industries, describes the kaleidoscopic nature of this paradigm introducing 4 different kinds of Design Thinking, measures the adoption of more than 70 practices and its impact on value in Design Thinking projects.