6. Conclusion
The VCW contributes mostly at two levels. First, the process helps scientists, engineers, managers, entrepreneurs, public policy makers, and society to create value while finding the perfect bridge between the “why” (i.e., value of the problem, opportunity, challenge, market need, and market pain) and the “what” (i.e., value of the idea, solution, technology, patent, science, service, or even a person) (Fig. 3). Additionally, the VCW presents a unique selling point (USP) that alternative options are not able to address (Fig. 4). Helps to address a wide range of questions (e.g., helping to increase the Technology Readiness Level (TRL) and bringing to life dormant patents) and transform potential crises (e.g., lack of funding, absence of strategic focus) into opportunities. The VCW helps to solve a wide range of paradoxes, such as combining technology-push with market-pull to bridge the gap between different mindsets (Hortinha, Lages, & Lages, 2011) and how to manage the tension between an adapted and standardized strategy (Lages, Abrantes, & Lages, 2008). The VCW supports the view that experts need to “adopt a ‘glocal vision’ that explores similar needs and values around the world. This is how manufacturers, service providers, and tech firms can benefit from economies of scale while satisfying regional needs” (Lages, 2012).