After segmenting consumers via their DSI and PDI scores, the distinct loyalty transformation models are revealed: the adjusted R2 of more-involved innovators' loyalty transformation model was the highest (0.60), followed by more involved adaptors' model (0.45), less involved innovators' model (0.45), and finally, less involved adaptors' model (0.42).
Like many early techno innovators, Model 500 took pride in their futurist outlook, flexing their sci-fi bent on tracks like "No UFO's".
1. Deploying innovators Modelled on the song recognition app Shazam and currently being brought to market, the app FISHazam allows shoppers, restaurateurs and fishmongers to use their smartphone cameras to identify what kind of fish a fillet is from.
Recently, these models have been compounded in the private-collective innovation model where innovators privately fund public goods innovations.
Public Chats is launching with a list of "global celebrities" signed up, including Perez Hilton, YouTube sensation Tyler Oakley, singer-songwriter Pixie Lott, international DJ Paul van Dyk, digital fashion innovators Next Model Management, European football channel COPA90.
The most recent innovation models increasingly postulate external relationships of innovators in many different shapes including the acquisition and incorporation of knowledge and technology from outside the organization.
In the private-investment model, innovators privately fund innovation and then use intellectual property protection mechanisms to appropriate returns from these investments.
Trunk Club was one of the innovators of this model and our portfolio company, LGS, has leveraged it with great success.
In this model, innovators would still burn the midnight oil chasing that pot of gold, and governments would not have to decide which projects to fund or determine the amount of the rewards before the works' "social value" was known.
While a few of the startups are deep tech companies working on things like autonomous driving, a big chunk are business model innovators, offering new ways to buy, sell, share, rent, park, and repair vehicles.
In the 1970s, PARC and other Silicon Valley innovators shattered this model and launched the information revolution with the invention of the personal computer, graphical user interface and Ethernet connectivity.
