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An exploratory study of the effects of additive manufacturing as a disruptive innovation in the medical prosthetic industry

Mini Dissertation (MBA)--University of Pretoria, 2016.

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Other Authors: Khota, Irfaan
Format: Thesis
Language:English
Published: University of Pretoria 2016
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access_status_str Open Access
author2 Khota, Irfaan
author_browse Khota, Irfaan
author_facet Khota, Irfaan
collection Thesis
dc_rights_str_mv ©2016 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2016.
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institution University of Pretoria (South Africa)
language English
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provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2016
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spelling oai:repository.up.ac.za:2263/52313 An exploratory study of the effects of additive manufacturing as a disruptive innovation in the medical prosthetic industry Khota, Irfaan ichelp@gibs.co.za Schilperoort, David UCTD Mini Dissertation (MBA)--University of Pretoria, 2016. The introduction of a new technology or innovation can have a profound effect on any industry; sometimes it can even be a disruptive one. This disruption can affect an industry at a number of levels, including the key drivers of an industry. Additive Manufacturing (AM) is one such technology. The technology does and has shown a propensity to disrupt and subvert various industries. The medical prosthetic industry is potentially one such industry. AM has the potential to disrupt the key drivers of the industry: economics, management, manufacturing, marketing, business models, strategy and regulations. By understanding the areas that AM is most likely to affect in the industry of medical prosthetics, and how it will do so, executives can understand, plan and execute their business strategies more effectively and efficiently. The research in this report examined the effects AM has, or would have, on the key drivers of the industry, as well as from a high-level, industry-wide perspective. A model (Table 6.9) was generated from the industry drivers that were established in Chapter 1. The model was supported by the concepts that emerged from the literature review, which also assisted in the formulation of the research schedule for the in-depth interviews. The model was effectively a guide or scorecard for assessing and grading the effects of AM on the key drivers of the industry and illuminating the key reasons and intensity for the score. Interviews were conducted with 14 interviewees who represented all areas of the industry, from academia to manufacturing. The outcomes of the interviews were processed through the model and presented both an overview of the technology s impact on the industry, as well as a more in-depth per-driver perspective. The interviewees provided their expert opinions on the effects the technology has, or is likely to have, on the industry, if any. The final model (Table 6.9) was produced based on their responses. The results demonstrated that the majority of interviewees believed the technology would be disruptive from an industry-wide, high-level perspective. The overall score of the model reinforced this. However the majority of the interviewees responses showed that the disruption would not be as apparent in the economics, management, manufacturing or marketing drivers of the industry, but rather in the business models, strategy and regulations. The outcomes of this research contribute to the understanding of AM and the medical prosthetic industry, and provide valuable insight to executives on how and in what driver AM technology is going to disrupt ms2016 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2016-05-04T13:45:31Z 2016-05-04T13:45:31Z 2016-03-30 2016 Mini Dissertation Schilperoort, D 2016, An exploratory study of the effects of additive manufacturing as a disruptive innovation in the medical prosthetic industry, MBA Mini-dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/52313> GIBS http://hdl.handle.net/2263/52313 en ©2016 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
An exploratory study of the effects of additive manufacturing as a disruptive innovation in the medical prosthetic industry
title An exploratory study of the effects of additive manufacturing as a disruptive innovation in the medical prosthetic industry
title_full An exploratory study of the effects of additive manufacturing as a disruptive innovation in the medical prosthetic industry
title_fullStr An exploratory study of the effects of additive manufacturing as a disruptive innovation in the medical prosthetic industry
title_full_unstemmed An exploratory study of the effects of additive manufacturing as a disruptive innovation in the medical prosthetic industry
title_short An exploratory study of the effects of additive manufacturing as a disruptive innovation in the medical prosthetic industry
title_sort exploratory study of the effects of additive manufacturing as a disruptive innovation in the medical prosthetic industry
topic UCTD
url http://hdl.handle.net/2263/52313