Life cycle innovations in extended supply chain networks

In today's business environment enterprises are challenged to rapidly develop successful innovations that have to consider various requirements. Many failures of innovations in different phases of their life cycle can not comprehensively explained by previous theoretical approaches. Against this background, the Life Cycle Innovation framework is proposed in this paper. The integration of the Life Cycle Innovation model within the concept of extended supply chain networks leads to a model that represents the whole life cycle of a product. The approach allows to classify and to describe prior failures and serves as the framework for a simulation approaches.