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Entrepreneurial opportunities with toolkits for user innovation and design

Nikolaus Franke, Martin Schreier · 2002 · The International Journal on Media Management

Summary. User innovation toolkits shift product design from manufacturers to customers, enabling companies to develop products that precisely match customer needs while avoiding costly market research. The paper identifies two entrepreneurial strategies: high-end toolkits for radical innovation and low-end toolkits for mature markets. Startups are best positioned to exploit these opportunities, either as manufacturers or as intermediaries between users and established producers.

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Franke, N., & Schreier, M.. (2002). Entrepreneurial opportunities with toolkits for user innovation and design. The International Journal on Media Management. https://doi.org/10.1080/14241270209390004

Details

DOI
10.1080/14241270209390004
Countries
Austria
Regions
Europe
Categories
entrepreneurship, innovation-theory, general-innovation
Added
2026-04-28