Now the Liept model has been launched!
Recently Emily Wise and Charlotte Lorentz Hjorth, Future by Lund and Lund University, presented a publication on the LIEPT model (LIEPT stands for Lund Innovation Ecosystem Portfolio Tracking). LIEPT is a method for tracking the evolution of portfolios of activities undertaken over time in an innovation ecosystem.
- There is a need for new methods and practical tools to manage and supervise broader portfolios with many actors that have interrelated activities in innovation ecosystems and to track progress and guide forward-looking actions, says Emily Wise. To date, there has been limited experience and few approaches to follow change in an innovation ecosystem. Through the LIEPT model, we introduce a new and tested method for tracking the evolution of portfolios of activities undertaken over time in innovation ecosystems. Many people work with portfolio approaches, but we don't see many people tracking portfolios as we do to track and understand change over time. Through the method we see both the static to have an overview and the dynamic to be able to see movements.
The Liept model is a model that has developed gradually during the work on the innovation platform Future by Lund.
- The first step was that we realized that we needed to follow our themes in order for our work to be understandable, says project developer Katarina Scott. Within our themes, we were able to work together with different partners. We tell about our work in stories, and suddenly it became clear that through them we could see how things move and grow. Emily Wise picked up Vinnytt's layer (or layer) model, which shows investment and growth spread across multiple layers. At the same time, we worked on describing the nature of innovation work and innovations in our zone model and through OPSI's innovation facet model. Finally, we also started adding information about funding from datamining from the university into the model. Now we have put all the different parts together in three visualizations and can follow changes that not only occur as a single organization number but that go more like a baton or that branch out like a tree into a whole system of actors.
What, then, are the different parts?
Setting the scope: Here it is a matter of defining what is to be followed. By defining which theme, area or portfolio you want to analyze, you can create a baseline. What is it that we intend to follow and what is included?
The layer model: In Vinnova's Vinninitiative, a layer model has been used to capture dynamics and the “ripple effects” that the initiatives contribute to. This model has been used by FBL associate researcher Emily Wise to provide a picture of the evolution of an ecosystem over time. The layer model is divided into four layers and Emily Wise exemplifies through the work she has done with Future by Lund. The first layer is the support (or basic funding) available, in this case to Future by Lund. The second layer consists of project funding for projects that Future by Lund either leads or participates in. The third layer is project funding that goes to partners in projects where Future by Lund is not involved but which belong to the area. This is called a spinoff project/follow-on project. The fourth layer is the qualitative events in the system, linked to companies and private investments, which are signs that change is taking place in the direction of a sustainable society and scaling up operations.
OPSI's Portfolio Tool and the FBL Zone Model: The OECD has developed a tool called the OPSI Portfolio Exploration Tool that gives businesses the opportunity to work strategically with innovation portfolios that include different types of innovation activities. In OPSI's innovation facet model, innovations are divided into four areas: Mission-oriented innovation (working to solve vision-oriented governing goals, Enhancement-oriented innovation), Anticipatory innovation (Innovations in future-oriented, radical and thus uncertain areas) and Adaptive innovation (Adaptive innovations that face new technologies, events and circumstances). There are also two axes, one that runs from bottom-up to top-down (where mission-oriented innovation is top-down and Adaptive innovation the opposite) and one from secure (Enhancement) to uncertain (Anticipatory). The OPSI model is used to make snapshots of an innovation portfolio and to understand the nature of ideas, projects and actors and how they change over time.
OPSI's model combines Future by Lund with an explanatory model that we call the zone model. In the model, activities in the innovation process are categorized so that they fall into either the yellow, green or blue zone. Yellow zone represents an idea and experiment phase with unclear mandates where several actors need to work together to solve the challenge. In the green zone, actors work together with a shared mandate and clear results while the blue zone represents the stage where an individual organization decides for itself and can invest and scale innovation.
The fourth part of the Liept model is based on Lund University Data collection and visualization tools. In this part, Martin Stankovski and Farhad Abbas Pour Khotbehsara at Lund University have done an advanced data processing of funding data from the entire Swedish public support system. This makes it possible to see who is receiving support and where the aid is coming from, which is very suitable to combine with the Wine Growing Model to make it clearer which follow-up projects lead to the basic funding and how areas are growing. Martin Stankovski has also produced new visualizations of the constituent models.
Link to the publication on the Liept model.
Links to previous texts about the work
Vine plant
The Accompanying Researcher Captures Effects
OPSI and the Zone Model
OPSI: Future by Lund tests OECD's new tools
OPSI presented report on innovation portfolios with examples from Lund
How Future by Lund packs the Innovation Portfolio
Future by Lund's work with an innovation portfolio is recognised
Intermediate work in blue, green and yellow zone “A lot of talk and a lot of workshop”