Innovation Project: Wearable Sensor Real-time Monitoring Platform
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Project
AI Summary
This assignment showcases a student's innovation project focused on a wearable sensor real-time monitoring platform, specifically a 'Gaitshoe'. The project begins with a prototyping phase, detailing three different prototypes incorporating biosensors and technologies like GPS, RFID, AI, and IoT for health monitoring and data collection. It proceeds to a market analysis using Porter's Five Forces to assess the product's competitive landscape. The document then delves into implementation and commercialization strategies, emphasizing scalability and sustainability at a national level. The student defines key performance indicators (KPIs) to measure the project's success. The project highlights the integration of hardware (Flexsense) and software solutions for real-time health data collection and analysis, aiming to improve patient care and daily health routines.
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Running head: INNOVATION AND BUSINESS DEVELOPMENT
INNOVATION AND BUSINESS DEVELOPMENT
Name of the Student
Name of the University
Author Note
INNOVATION AND BUSINESS DEVELOPMENT
Name of the Student
Name of the University
Author Note
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1INNOVATION AND BUSINESS DEVELOPMENT
Table of Contents
Prototyping phase............................................................................................................................2
Prototype 1:..................................................................................................................................3
Prototype 2:..................................................................................................................................4
Prototype 3:..................................................................................................................................5
Market analysis (porter 5 forces).....................................................................................................6
Implementation and commercialization..........................................................................................9
Commercialization.......................................................................................................................9
Diffusion of innovation..............................................................................................................10
Scalability and Sustainability........................................................................................................11
Performance management.............................................................................................................15
References......................................................................................................................................19
Table of Contents
Prototyping phase............................................................................................................................2
Prototype 1:..................................................................................................................................3
Prototype 2:..................................................................................................................................4
Prototype 3:..................................................................................................................................5
Market analysis (porter 5 forces).....................................................................................................6
Implementation and commercialization..........................................................................................9
Commercialization.......................................................................................................................9
Diffusion of innovation..............................................................................................................10
Scalability and Sustainability........................................................................................................11
Performance management.............................................................................................................15
References......................................................................................................................................19

2INNOVATION AND BUSINESS DEVELOPMENT
Prototyping phase
Prototyping phase is considered as one of the crucial phase as this helps in managing the
different components of a system. With the development of a wearable sensor it will become
easy to have real time monitoring plan. This will ensure that better service is offered towards the
patients. The aim of describing the prototype phase is to state the key phases that are included
within the medical devices for the purpose of enhancing the performance. The balance and
weight sensor technology has gained a huge importance in the medical field as this helps in
ensuring that proper support has been offered towards the patients. The medical applications that
are offered with this technology is that it helps in identifying the blood transfusion bag and also
focuses on converting the force weight and force into electrical signal. The software that are
essential for designing the system includes GPS, RFID, AI and IoT. Thus with the help of an
effective system it will become easy to manage the health records of the patients. The sensors are
designed in such a way that it will be able to evaluate the patient health condition by determining
the blood pressure, the workouts and the other daily activities.
The prototypes are designed for the purpose of enhancing the performance. The different
prototypes are designed with the aim of offering a better healthcare feature towards the
customers. The shoes are designed with the aim of ensuring that proper support is maintained for
ensuring better support towards the patients. This ensures that better resolution with high power
has been offered so that it can ensure that the efficiency has increased. Thus while designing a
wearable device for managing the patients’ health the use of Flexsense is highly recommended as
this will ensure that the shoe has become more effective and protective towards the users.
Prototyping phase
Prototyping phase is considered as one of the crucial phase as this helps in managing the
different components of a system. With the development of a wearable sensor it will become
easy to have real time monitoring plan. This will ensure that better service is offered towards the
patients. The aim of describing the prototype phase is to state the key phases that are included
within the medical devices for the purpose of enhancing the performance. The balance and
weight sensor technology has gained a huge importance in the medical field as this helps in
ensuring that proper support has been offered towards the patients. The medical applications that
are offered with this technology is that it helps in identifying the blood transfusion bag and also
focuses on converting the force weight and force into electrical signal. The software that are
essential for designing the system includes GPS, RFID, AI and IoT. Thus with the help of an
effective system it will become easy to manage the health records of the patients. The sensors are
designed in such a way that it will be able to evaluate the patient health condition by determining
the blood pressure, the workouts and the other daily activities.
The prototypes are designed for the purpose of enhancing the performance. The different
prototypes are designed with the aim of offering a better healthcare feature towards the
customers. The shoes are designed with the aim of ensuring that proper support is maintained for
ensuring better support towards the patients. This ensures that better resolution with high power
has been offered so that it can ensure that the efficiency has increased. Thus while designing a
wearable device for managing the patients’ health the use of Flexsense is highly recommended as
this will ensure that the shoe has become more effective and protective towards the users.

3INNOVATION AND BUSINESS DEVELOPMENT
Prototype 1:
This stage depicts design and implementation of a prototype in terms of biosensor specifically
for shoes. Self health status evaluation will become easier for the users with the help of this
software based sensor application. In this stage this biosensor will be designed that can be
integrated to the shoes. Most of the wearable sensors are generally designed and implemented for
healthcare monitoring. Thus, the software that is needed for storing the data related to the
patients is cloud storage. Cloud storage application has the potential to maintain better database
and also ensures that each data has the potential to enhance the performance. The major benefits
that will be offered with the help of cloud computing in the biosensor shoes is that it will reduce
the IT costs and will ensure that better flexibility are offered towards the shoes so that the data
can be stored efficiently. This will ensure that the data are tracked and recorded efficiently for
the purpose of determining the health conditions. The treatment can be enhanced with the help of
effective design.
Prototype 1:
This stage depicts design and implementation of a prototype in terms of biosensor specifically
for shoes. Self health status evaluation will become easier for the users with the help of this
software based sensor application. In this stage this biosensor will be designed that can be
integrated to the shoes. Most of the wearable sensors are generally designed and implemented for
healthcare monitoring. Thus, the software that is needed for storing the data related to the
patients is cloud storage. Cloud storage application has the potential to maintain better database
and also ensures that each data has the potential to enhance the performance. The major benefits
that will be offered with the help of cloud computing in the biosensor shoes is that it will reduce
the IT costs and will ensure that better flexibility are offered towards the shoes so that the data
can be stored efficiently. This will ensure that the data are tracked and recorded efficiently for
the purpose of determining the health conditions. The treatment can be enhanced with the help of
effective design.
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4INNOVATION AND BUSINESS DEVELOPMENT
Prototype 2:
The second prototype that is selected for the purpose of enhancing the health conditions
are PVDF strips that will be designed with the help of piezoelectric sensors. The main aim
behind selecting this prototype is that it allows the user to have fast response time. This also
offers a better relaxation feature on the sensor. Thus it can be stated that with the help of bi-
directional bend sensors it will become easy to manage the health conditions. The shoe will be
designed with all the necessary technologies and sensor so that it can offer a better support
towards organizing the health conditions. Piezoelectric sensors are mainly used for the purpose
of determining the changes that takes place within the acceleration, strain and temperature. Thus
Prototype 2:
The second prototype that is selected for the purpose of enhancing the health conditions
are PVDF strips that will be designed with the help of piezoelectric sensors. The main aim
behind selecting this prototype is that it allows the user to have fast response time. This also
offers a better relaxation feature on the sensor. Thus it can be stated that with the help of bi-
directional bend sensors it will become easy to manage the health conditions. The shoe will be
designed with all the necessary technologies and sensor so that it can offer a better support
towards organizing the health conditions. Piezoelectric sensors are mainly used for the purpose
of determining the changes that takes place within the acceleration, strain and temperature. Thus

5INNOVATION AND BUSINESS DEVELOPMENT
the implementation of sensors will be able to enhance the way data are collected for the wearable
devices. The software that is used for the purpose of managing the health data and tracking the
user data are using RFID and GPS. With the help of GPS it will become easy to evaluate the
number of areas travelled by the users. The main aim of designing the prototype is to have a
clear knowledge about the health condition of the user.
Prototype 3:
The wearable sensor will be composes of a biosensor system, transducer and an output
system as well. Only with specific substance this biosensors will react or work. The outcomes
are generated through microprocessor application. This type of biosensors can also be considered
as either receptor or stimuli. With the help of this software users will be able to count their steps
and amount of burnt calories. Chip, antenna coil and substrate will be used to develop the
wearable shoes. Once the shoes will be wear process of communication will also become easier.
In other word, the sensor can display, substitute human biophysics performances, treat and
stimulates. Storage will be added to the software system to store needful dat. Infact, needful data
can also be fetched from the server while required using this system. This sensor chip can
display and monitor all body activities. The software would also be able to transfer results for
the implementation of sensors will be able to enhance the way data are collected for the wearable
devices. The software that is used for the purpose of managing the health data and tracking the
user data are using RFID and GPS. With the help of GPS it will become easy to evaluate the
number of areas travelled by the users. The main aim of designing the prototype is to have a
clear knowledge about the health condition of the user.
Prototype 3:
The wearable sensor will be composes of a biosensor system, transducer and an output
system as well. Only with specific substance this biosensors will react or work. The outcomes
are generated through microprocessor application. This type of biosensors can also be considered
as either receptor or stimuli. With the help of this software users will be able to count their steps
and amount of burnt calories. Chip, antenna coil and substrate will be used to develop the
wearable shoes. Once the shoes will be wear process of communication will also become easier.
In other word, the sensor can display, substitute human biophysics performances, treat and
stimulates. Storage will be added to the software system to store needful dat. Infact, needful data
can also be fetched from the server while required using this system. This sensor chip can
display and monitor all body activities. The software would also be able to transfer results for

6INNOVATION AND BUSINESS DEVELOPMENT
targeting the medical centers. After placing this chip in the shoes it is probable to record as well
as send all vital parameters. The data will also send all receivable signals of Global positioning
System to quickly access the incident locations. This will ensure that the data are tracked and
recorded efficiently for the purpose of determining the health conditions. The treatment can be
enhanced with the help of effective design.
Market analysis (porter 5 forces)
The wearable Gaitshoe will be developed with the help of necessary hardware and
software so that it becomes easy to track the activities that is carried out by a user. With efficient
technology it becomes essential to understand the importance of the wearable shoes. In order to
analyze the performance of the Gaitshoe in the market it is essential to determine the related
aspects with the help of proper of market analysis process.
Porter’s five forces is a model that is used for the purpose of analyzing and identifying
the five competitive forces that has the potential to shape the performance of every industry. This
targeting the medical centers. After placing this chip in the shoes it is probable to record as well
as send all vital parameters. The data will also send all receivable signals of Global positioning
System to quickly access the incident locations. This will ensure that the data are tracked and
recorded efficiently for the purpose of determining the health conditions. The treatment can be
enhanced with the help of effective design.
Market analysis (porter 5 forces)
The wearable Gaitshoe will be developed with the help of necessary hardware and
software so that it becomes easy to track the activities that is carried out by a user. With efficient
technology it becomes essential to understand the importance of the wearable shoes. In order to
analyze the performance of the Gaitshoe in the market it is essential to determine the related
aspects with the help of proper of market analysis process.
Porter’s five forces is a model that is used for the purpose of analyzing and identifying
the five competitive forces that has the potential to shape the performance of every industry. This
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7INNOVATION AND BUSINESS DEVELOPMENT
are also used for the purpose of determining the strength and weakness of a product within an
industry. With the help of this method it becomes easy to analyze the competitive environment of
a product as it offers a better support towards the organization. This offers a better support
towards the organization. The porter’s five forces that are used for the purpose of analyzing the
product are competition in the industry, power of suppliers, power of customers, potential of new
entrants into the industry and threat from the substitute products. The five forces that are used
here is with the aim of increasing the competitive advantage.
The Gaitshoe is designed with biosensors so that the capability of the shoes can be
enhanced with proper sales and profits. The power gets influenced with the use of technologies
and thus there is a need to ensure that proper analysis is carried out for managing the
performance. With the help of five forces model it becomes easy to boost the profits with the
product launch. Thus there is a need to analyze the market value effectively.
Competition in the industry
In order to enhance the products value within the market. The larger the number of
competitors within the market the lesser power is with the organization. Thus in order to gain
maximum power within the market it is essential to integrate the Gaitshoe with enhanced
features that will reduce the competition within the market.
Potential of new entrants within the industry
A market gets influenced by the new entrants and thus it becomes essential to ensure that
the product is capable enough to withstand the new entrants in the market. Gaitshoe has the
potential to improve the user health condition. This also ensures that proper support is being
offered for the purpose of engaging the customer daily health routine.
are also used for the purpose of determining the strength and weakness of a product within an
industry. With the help of this method it becomes easy to analyze the competitive environment of
a product as it offers a better support towards the organization. This offers a better support
towards the organization. The porter’s five forces that are used for the purpose of analyzing the
product are competition in the industry, power of suppliers, power of customers, potential of new
entrants into the industry and threat from the substitute products. The five forces that are used
here is with the aim of increasing the competitive advantage.
The Gaitshoe is designed with biosensors so that the capability of the shoes can be
enhanced with proper sales and profits. The power gets influenced with the use of technologies
and thus there is a need to ensure that proper analysis is carried out for managing the
performance. With the help of five forces model it becomes easy to boost the profits with the
product launch. Thus there is a need to analyze the market value effectively.
Competition in the industry
In order to enhance the products value within the market. The larger the number of
competitors within the market the lesser power is with the organization. Thus in order to gain
maximum power within the market it is essential to integrate the Gaitshoe with enhanced
features that will reduce the competition within the market.
Potential of new entrants within the industry
A market gets influenced by the new entrants and thus it becomes essential to ensure that
the product is capable enough to withstand the new entrants in the market. Gaitshoe has the
potential to improve the user health condition. This also ensures that proper support is being
offered for the purpose of engaging the customer daily health routine.

8INNOVATION AND BUSINESS DEVELOPMENT
Power of suppliers
The power of suppliers are needs to be considered as this impacts the service by
increasing the cost of inputs. The supplier needs to be engaged properly so that it can ensure that
better flow is maintained. While processing the product it is essential to ensure that the suppliers
have the ability to enhance the performance. In success of a product Gaitshoe it becomes very
much essential to ensure that the system has engaged more customers effectively. This will
enhances the profit margin.
Power of customers
Customers are the key members that are responsible for driving the market value. In
order to attract wide range of customer it becomes essential to ensure that the designed product
has the potential to meet the customer needs (Wise 2016). The designed product has the ability to
increase the profitability.
Threat of substitutes
The last force of porter five force states that the products has the potential to get
substituted by similar kind of products. Substitute goods or services that can be used in place of a
company's products or services pose a threat. It has been observed that the organization with no
or less substitute products has the potential to have better control over the market as compared to
other products. The price can be obtained well when there is no substitute product. Thus in order
to enhance the performance of the product it becomes very much essential to ensure that the
product has been developed with the key items (Wang 2014). The biosensor shoe will be capable
of providing better health support towards the users and this will ensure that the offered health
benefits are enough to meet the user needs. When close substitutes are available, customers will
Power of suppliers
The power of suppliers are needs to be considered as this impacts the service by
increasing the cost of inputs. The supplier needs to be engaged properly so that it can ensure that
better flow is maintained. While processing the product it is essential to ensure that the suppliers
have the ability to enhance the performance. In success of a product Gaitshoe it becomes very
much essential to ensure that the system has engaged more customers effectively. This will
enhances the profit margin.
Power of customers
Customers are the key members that are responsible for driving the market value. In
order to attract wide range of customer it becomes essential to ensure that the designed product
has the potential to meet the customer needs (Wise 2016). The designed product has the ability to
increase the profitability.
Threat of substitutes
The last force of porter five force states that the products has the potential to get
substituted by similar kind of products. Substitute goods or services that can be used in place of a
company's products or services pose a threat. It has been observed that the organization with no
or less substitute products has the potential to have better control over the market as compared to
other products. The price can be obtained well when there is no substitute product. Thus in order
to enhance the performance of the product it becomes very much essential to ensure that the
product has been developed with the key items (Wang 2014). The biosensor shoe will be capable
of providing better health support towards the users and this will ensure that the offered health
benefits are enough to meet the user needs. When close substitutes are available, customers will

9INNOVATION AND BUSINESS DEVELOPMENT
have the option to forgo buying a company's product, and a company's power can be weakened.
The product will get better benefit with less substitute in the market.
Implementation and commercialization
Commercialization
The prototype 3 aims at providing better implementation strategy for the purpose of
meeting the needs of the users. Gaitshoe has focused entirely on developing an ultrasound sensor
installation that will be able to measure the process. The main focus was to engage better way of
the designing the shoe is to ensure that the shoe is capable of collecting health related data. This
will help in engaging the patients together so that the devices and the data can be store properly
within the system. The other software that are used for engaging the users are internet of things
and cloud storage (Wang and Cheung 2019). Commercialization is essential as this is considered
as the key fact for enhancing the new product. Gaitshoe is designed with efficient software that
will engage maximum customers. The best feature that is going to be offered with the use of this
software is that it will allow the user to access all the health related data. The efficient software
will ensure that the user health related data are maintained successfully for the purpose of
ensuring that proper support is being offered.
The Gaitshoe was quite poplar due to the features that are included within the shoe. The
main feature that is designed within the shoe is that the shoe will be able to generate reflex
actions. The sensors that used within the shoe will be able to locate the health condition and will
offer a great comfort. Apart from this there are several applications of using this shoes (Wu
2017). The major benefits that are offered is that the user will be able to have a healthy lifestyle,
the user can have a better record of their health condition, will engage the user in activities that
have the option to forgo buying a company's product, and a company's power can be weakened.
The product will get better benefit with less substitute in the market.
Implementation and commercialization
Commercialization
The prototype 3 aims at providing better implementation strategy for the purpose of
meeting the needs of the users. Gaitshoe has focused entirely on developing an ultrasound sensor
installation that will be able to measure the process. The main focus was to engage better way of
the designing the shoe is to ensure that the shoe is capable of collecting health related data. This
will help in engaging the patients together so that the devices and the data can be store properly
within the system. The other software that are used for engaging the users are internet of things
and cloud storage (Wang and Cheung 2019). Commercialization is essential as this is considered
as the key fact for enhancing the new product. Gaitshoe is designed with efficient software that
will engage maximum customers. The best feature that is going to be offered with the use of this
software is that it will allow the user to access all the health related data. The efficient software
will ensure that the user health related data are maintained successfully for the purpose of
ensuring that proper support is being offered.
The Gaitshoe was quite poplar due to the features that are included within the shoe. The
main feature that is designed within the shoe is that the shoe will be able to generate reflex
actions. The sensors that used within the shoe will be able to locate the health condition and will
offer a great comfort. Apart from this there are several applications of using this shoes (Wu
2017). The major benefits that are offered is that the user will be able to have a healthy lifestyle,
the user can have a better record of their health condition, will engage the user in activities that
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10INNOVATION AND BUSINESS DEVELOPMENT
will benefit them. There are several sensors and software’s introduced for the purpose of
managing the data effectively within the shoes. The data will be synchronized with the mobile so
that they can get updates frequently. Monitoring for the patients will become easy and the
records can be generated successfully with less amount of time (Wahab et al. 2014). With the use
of effective software and cloud computing the data can be managed properly. The introduction of
artificial intelligence in the shoes will ensure that the shoe is capable of managing the data
effectively for the purpose off generating proper health related data.
Diffusion of innovation
Human performs wide range of activities that are needed to be organized properly so that
it can ensure that better support is provided towards them. The health conditions of the users are
mainly maintained with the use of effective technologies. This helps in identifying the use of
wearable sensors. The main aim of this proper is to identify the key benefits that will be offered
with the use of wearable sensors towards the users (Zizzo and Ren 2017). Let’s take an example
for understanding the importance of wearable sensor is that it alerts the user to take their
scheduled medicines. This are very useful for the people who needs to finish a certain dosage of
medicine. Thus it can be stated that with the use of wearable device it will become easy to
improve the health conditions of the users.
With an integrated wearable technology it becomes easy to manage the performance.
This will help in engaging the users with an efficient support. The health records will be stored
within the system database. This will effectively organize the activities that are carried out by
human. The main focus is to manage the health condition properly so that it can ensure a better
support towards the users.
will benefit them. There are several sensors and software’s introduced for the purpose of
managing the data effectively within the shoes. The data will be synchronized with the mobile so
that they can get updates frequently. Monitoring for the patients will become easy and the
records can be generated successfully with less amount of time (Wahab et al. 2014). With the use
of effective software and cloud computing the data can be managed properly. The introduction of
artificial intelligence in the shoes will ensure that the shoe is capable of managing the data
effectively for the purpose off generating proper health related data.
Diffusion of innovation
Human performs wide range of activities that are needed to be organized properly so that
it can ensure that better support is provided towards them. The health conditions of the users are
mainly maintained with the use of effective technologies. This helps in identifying the use of
wearable sensors. The main aim of this proper is to identify the key benefits that will be offered
with the use of wearable sensors towards the users (Zizzo and Ren 2017). Let’s take an example
for understanding the importance of wearable sensor is that it alerts the user to take their
scheduled medicines. This are very useful for the people who needs to finish a certain dosage of
medicine. Thus it can be stated that with the use of wearable device it will become easy to
improve the health conditions of the users.
With an integrated wearable technology it becomes easy to manage the performance.
This will help in engaging the users with an efficient support. The health records will be stored
within the system database. This will effectively organize the activities that are carried out by
human. The main focus is to manage the health condition properly so that it can ensure a better
support towards the users.

11INNOVATION AND BUSINESS DEVELOPMENT
With the help of IOT wearable devices it becomes easy to commercialize a product with
in the market. Thus in order to enhance the performance of the product it becomes very much
essential to integrate the product with advanced technologies and software. The key benefits that
will be offered with the help of IOT technology in the healthcare is that it ensures that the health
related documents are stored successfully within the system Vorapatratorn and Nambunmee
2014). This also ensures that all the data maintained can be easily backed up for future
references. The cost needed for managing the hardware also reduces.
The key software is that will be included within the prototype three model where are
artificial intelligence for the purpose of detecting the environment and the condition of the user,
cloud computing that will be used for the purpose of offering storage facilities (Lindgren and
Bandsholm 2016). With the help of a cloud computing it will become easy to store data that will
evaluate the health condition of the users. Thus the enhanced use of the technology will make the
Gaitshoe more useful. The enhanced software facilities will engage better customer as this has
the potential to ensure better performance.
Scalability and Sustainability
3M is global innovation organization which remained under radar for long-term plans of
innovation and successes. 3M has huge significant contributions in health care, which includes
bringing several recognizable brands. Root of success of 3M is the business model, for fostering
organic growth through invention of new innovative products. Such disruptive technologies led
in producing new products as well as creation of the new industries. For fostering the growth,
3M emphasized importance of Research and Development (R&D). Long-term approach is taken
by 3M for development process of new products by generating an innovation culture which
tolerates mistakes that are made, encourages taking risks and rewards the achievements (Bocken
With the help of IOT wearable devices it becomes easy to commercialize a product with
in the market. Thus in order to enhance the performance of the product it becomes very much
essential to integrate the product with advanced technologies and software. The key benefits that
will be offered with the help of IOT technology in the healthcare is that it ensures that the health
related documents are stored successfully within the system Vorapatratorn and Nambunmee
2014). This also ensures that all the data maintained can be easily backed up for future
references. The cost needed for managing the hardware also reduces.
The key software is that will be included within the prototype three model where are
artificial intelligence for the purpose of detecting the environment and the condition of the user,
cloud computing that will be used for the purpose of offering storage facilities (Lindgren and
Bandsholm 2016). With the help of a cloud computing it will become easy to store data that will
evaluate the health condition of the users. Thus the enhanced use of the technology will make the
Gaitshoe more useful. The enhanced software facilities will engage better customer as this has
the potential to ensure better performance.
Scalability and Sustainability
3M is global innovation organization which remained under radar for long-term plans of
innovation and successes. 3M has huge significant contributions in health care, which includes
bringing several recognizable brands. Root of success of 3M is the business model, for fostering
organic growth through invention of new innovative products. Such disruptive technologies led
in producing new products as well as creation of the new industries. For fostering the growth,
3M emphasized importance of Research and Development (R&D). Long-term approach is taken
by 3M for development process of new products by generating an innovation culture which
tolerates mistakes that are made, encourages taking risks and rewards the achievements (Bocken

12INNOVATION AND BUSINESS DEVELOPMENT
2015). Focus of 3M is to develop disruptive innovations which are outside of latest existing
portfolio. 3M capitalizes over process of innovation through combining the diverse technologies
by unexpected and new ways. Innovative technologies are drawn upon by 3M from the portfolio
by creating new solutions.
The strategies 3M developed are for sustained, long-term innovation, such as
development of long-term, dedicated R&D, separate from the concept of launching efforts, foster
innovation culture by allowing the team members in taking risks within protected environment,
use and apply open innovation, encourage and reward creativity host sessions of ideation with
the members of every department and nurture and implement imperatives for creating and
sustaining innovation (Li et. al. 2017).
Smart shoes need system that is reliable for data transmission, data acquisition, data
analysis and storage. There is use of several types of sensors for acquiring data for the smart
shoes:
Systems of satellite navigation like GPS, GALILEO and GLONASS are used for
providing information for location of real time.
Measurements of inertial magnet which are made of accelerometer, magnetometer and
gyroscope are used in analysis of gait.
There is use of pressure sensors for providing information on distribution of mid-gait
body weight.
Sensors for internal status are used for providing information on capacity of memory and
battery.
2015). Focus of 3M is to develop disruptive innovations which are outside of latest existing
portfolio. 3M capitalizes over process of innovation through combining the diverse technologies
by unexpected and new ways. Innovative technologies are drawn upon by 3M from the portfolio
by creating new solutions.
The strategies 3M developed are for sustained, long-term innovation, such as
development of long-term, dedicated R&D, separate from the concept of launching efforts, foster
innovation culture by allowing the team members in taking risks within protected environment,
use and apply open innovation, encourage and reward creativity host sessions of ideation with
the members of every department and nurture and implement imperatives for creating and
sustaining innovation (Li et. al. 2017).
Smart shoes need system that is reliable for data transmission, data acquisition, data
analysis and storage. There is use of several types of sensors for acquiring data for the smart
shoes:
Systems of satellite navigation like GPS, GALILEO and GLONASS are used for
providing information for location of real time.
Measurements of inertial magnet which are made of accelerometer, magnetometer and
gyroscope are used in analysis of gait.
There is use of pressure sensors for providing information on distribution of mid-gait
body weight.
Sensors for internal status are used for providing information on capacity of memory and
battery.
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13INNOVATION AND BUSINESS DEVELOPMENT
Sensors of ambient environment which includes sound sensors, light, and atmospheric
pressure are used to acquire data from surrounding environment and activities dependent
on altitude.
Besides the sensors recording, systems of data acquisition have transmission abilities based
on cloud. There is processing of sensor data for getting relevant information by using drift
correction, filters and algorithms based on gradient descent. These shoes possess safety insole
which could count steps, evaluate posture and detect fatigue (Aversa et. al. 2016). Assessment of
remote gait within smart shoes need acquisition system which would collect the sensor data that
is relevant to the essential events of gait while ensuring use for compliance. Recorded data’
wireless transmission avoids the device’s technical manipulation by patients. This acts as data
gateway for pushing obtained data into cloud.
Gait which assesses smart shoes need energy management that is optimized for maximizing
runtime of system and for minimizing the technical manipulation of users. Efficiency of software
should be optimized, especially implementation methods of software for energy awareness in
wearable systems should be used. There should be consideration of about application context. If
there is recognition of no production of data by smart shoes, the system might go in consumption
of low energy, especially for scenarios of medical monitoring, reliable and continuous function
of system must be ensured (Farahani et. al. 2018). Promising solution to management of efficient
energy for the smart shoes consists of energy harvesting.
Wireless technology could be used for smart shoes to monitor locomotion. As new
requirement and technology are increasing within smart shoes, new technology of IoT could be
integrated into smart shoe. Smart shoes could analyse and calculate every foot pressure which
assists elderly person in avoiding from falling. Overall smart shoe checked on pressure that is
Sensors of ambient environment which includes sound sensors, light, and atmospheric
pressure are used to acquire data from surrounding environment and activities dependent
on altitude.
Besides the sensors recording, systems of data acquisition have transmission abilities based
on cloud. There is processing of sensor data for getting relevant information by using drift
correction, filters and algorithms based on gradient descent. These shoes possess safety insole
which could count steps, evaluate posture and detect fatigue (Aversa et. al. 2016). Assessment of
remote gait within smart shoes need acquisition system which would collect the sensor data that
is relevant to the essential events of gait while ensuring use for compliance. Recorded data’
wireless transmission avoids the device’s technical manipulation by patients. This acts as data
gateway for pushing obtained data into cloud.
Gait which assesses smart shoes need energy management that is optimized for maximizing
runtime of system and for minimizing the technical manipulation of users. Efficiency of software
should be optimized, especially implementation methods of software for energy awareness in
wearable systems should be used. There should be consideration of about application context. If
there is recognition of no production of data by smart shoes, the system might go in consumption
of low energy, especially for scenarios of medical monitoring, reliable and continuous function
of system must be ensured (Farahani et. al. 2018). Promising solution to management of efficient
energy for the smart shoes consists of energy harvesting.
Wireless technology could be used for smart shoes to monitor locomotion. As new
requirement and technology are increasing within smart shoes, new technology of IoT could be
integrated into smart shoe. Smart shoes could analyse and calculate every foot pressure which
assists elderly person in avoiding from falling. Overall smart shoe checked on pressure that is

14INNOVATION AND BUSINESS DEVELOPMENT
applied by the foot on shoe and there is restriction for the shoes to few categories only
(Lampikoski et. al. 2014). This is not a regular wearable device, hence it is being attempted for
creating smart shoes which could be wear by people of every category as well as would provide
with information related to fitness and health.
Data generation that is reliable is an essential basis for every application pipelines and
subsequent analysis. Wide range of sensors could be applicable with respect to smart shoes.
Orientation determination and relative location by using measurement units of inertial-magnet,
which consist of gyroscope, algorithms of data fusion and an accelerometer. Such data could be
used within smart shoes. Appropriate location determination by using systems of satellite
navigation provide the time information. Orientation determination and absolute and relative
location could be used by using tightly or loosely coupled algorithms for data fusion (Draper
2013). Sensors of ambient environment like sensors of atmospheric pressure for activities
dependent on altitude and information about local weather, sound sensors and light for
information generation related to context.
Once sensor data is received, relevant and informative parameters should be compute for
deriving necessary information that is relevant with essential health, medical events and sports.
Completed parameters must be able in facilitating objective assessment for mobility status and
performance of user. For the smart shoes, algorithms are there for two primary application areas:
Recognition of activity pattern for the application in healthy living and derivation of gait
signature for treatment contexts and medical diagnostic.
User are allowed in calculating every daily activity such as calorie count, step count and
exercise count by using smart shoes. Depending on the count of steps, smart shoes would count
total calorie that is burnt and distance covered. All information retrieved would be given to
applied by the foot on shoe and there is restriction for the shoes to few categories only
(Lampikoski et. al. 2014). This is not a regular wearable device, hence it is being attempted for
creating smart shoes which could be wear by people of every category as well as would provide
with information related to fitness and health.
Data generation that is reliable is an essential basis for every application pipelines and
subsequent analysis. Wide range of sensors could be applicable with respect to smart shoes.
Orientation determination and relative location by using measurement units of inertial-magnet,
which consist of gyroscope, algorithms of data fusion and an accelerometer. Such data could be
used within smart shoes. Appropriate location determination by using systems of satellite
navigation provide the time information. Orientation determination and absolute and relative
location could be used by using tightly or loosely coupled algorithms for data fusion (Draper
2013). Sensors of ambient environment like sensors of atmospheric pressure for activities
dependent on altitude and information about local weather, sound sensors and light for
information generation related to context.
Once sensor data is received, relevant and informative parameters should be compute for
deriving necessary information that is relevant with essential health, medical events and sports.
Completed parameters must be able in facilitating objective assessment for mobility status and
performance of user. For the smart shoes, algorithms are there for two primary application areas:
Recognition of activity pattern for the application in healthy living and derivation of gait
signature for treatment contexts and medical diagnostic.
User are allowed in calculating every daily activity such as calorie count, step count and
exercise count by using smart shoes. Depending on the count of steps, smart shoes would count
total calorie that is burnt and distance covered. All information retrieved would be given to

15INNOVATION AND BUSINESS DEVELOPMENT
Arduino (Liu et. al. 2016). It would store every information in form of hexadecimal and would
send the information to smart devices using technology within smart shoes. This information
could be accessed by the users from their smart devices by using application of smart shoe.
Pre-processing prepares incoming sensor data. It consists of sampling frequency and
sensor calibration, which eliminates irrelevant data from the sensor data by using drift correction,
filters, gravity cancellation and drift correction that is sequential. These procedures produce
kinematic information that is gravity free of sensing unit like estimated position or orientation
(Cohen and Munoz 2017).
Segmentation is essential for ongoing or real-time applications where this is impossible
or impractical for processing continuously sensor data that is recorded as single segment. For the
signatures of gait, segmentation consists of two steps: approach based on moving window for
detecting events of gait and allowing for segmentation of data in meaningful segments like gait
bouts.
Performance management
Performance management is essential for analyzing the product and effectiveness of the
product that will be offered. The performance management helps in setting a particular goal so
that it can offer an effective way of managing the performance. The main aim of using
performance management software is that it helps in achieving the goal and ensures that high
performance has been obtained. This is referred to the ongoing process of communication that
takes place between the key stakeholders so that they can manage the strategic objectives. In
order to manage the performance it becomes essential to include better communication process
that will be designed for the purpose of managing the results and helps in providing a better
Arduino (Liu et. al. 2016). It would store every information in form of hexadecimal and would
send the information to smart devices using technology within smart shoes. This information
could be accessed by the users from their smart devices by using application of smart shoe.
Pre-processing prepares incoming sensor data. It consists of sampling frequency and
sensor calibration, which eliminates irrelevant data from the sensor data by using drift correction,
filters, gravity cancellation and drift correction that is sequential. These procedures produce
kinematic information that is gravity free of sensing unit like estimated position or orientation
(Cohen and Munoz 2017).
Segmentation is essential for ongoing or real-time applications where this is impossible
or impractical for processing continuously sensor data that is recorded as single segment. For the
signatures of gait, segmentation consists of two steps: approach based on moving window for
detecting events of gait and allowing for segmentation of data in meaningful segments like gait
bouts.
Performance management
Performance management is essential for analyzing the product and effectiveness of the
product that will be offered. The performance management helps in setting a particular goal so
that it can offer an effective way of managing the performance. The main aim of using
performance management software is that it helps in achieving the goal and ensures that high
performance has been obtained. This is referred to the ongoing process of communication that
takes place between the key stakeholders so that they can manage the strategic objectives. In
order to manage the performance it becomes essential to include better communication process
that will be designed for the purpose of managing the results and helps in providing a better
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16INNOVATION AND BUSINESS DEVELOPMENT
feedback. This part of the paper will focus entirely on identifying the high performance that will
be offered with the use of the Gaitshoe and the software that is incorporated within the shoes.
However before launching the product within the market it becomes very much essential to
ensure that the product has been analyzed successfully so that it can manage the performance.
With an enhanced performance management knowledge it will become easy to improve the
efficiency within the product. The shoe is designed in such a way that it will offer greater rate of
comfort towards the users and will also ensure that proper product strategy has been selected for
the purpose of enhancing the performance. The main aim of designing the new product is to
ensure that the users have got proper access so that they can manage the products efficiently.
This shoes are designed for every age group so that it can ensure that better walking flexibility is
offered towards the users. The main focus of designing this product is to ensure that better safety
is offered towards the users by ensuring an effective way of managing the performance. While
designing the project it has been ensured that the project is managed properly with the help of
organized team so that the designed shoes can offer better walking facilities. The Gaitshoe is
designed in such a way that will be capable of producing better support while exercising. With
the help of proper performance management the chances of performance will enhance.
Key performance indicator is used for the purpose of measuring the value that is achieved
for fulfilling a business objective. The main aim of using KPI indicator is that it helps in
evaluating the success rate of a business by evaluating the different departments. The KPI
indicator is used for the purpose of full filling the product qualities that will be offered with the
new design. The key benefits that are going to be offered with the use of KPI is that it enhances
the performance and ensures that the decision making process has improved. The key important
KPIs that are used for identifying the business functions are the profitability over time and the
feedback. This part of the paper will focus entirely on identifying the high performance that will
be offered with the use of the Gaitshoe and the software that is incorporated within the shoes.
However before launching the product within the market it becomes very much essential to
ensure that the product has been analyzed successfully so that it can manage the performance.
With an enhanced performance management knowledge it will become easy to improve the
efficiency within the product. The shoe is designed in such a way that it will offer greater rate of
comfort towards the users and will also ensure that proper product strategy has been selected for
the purpose of enhancing the performance. The main aim of designing the new product is to
ensure that the users have got proper access so that they can manage the products efficiently.
This shoes are designed for every age group so that it can ensure that better walking flexibility is
offered towards the users. The main focus of designing this product is to ensure that better safety
is offered towards the users by ensuring an effective way of managing the performance. While
designing the project it has been ensured that the project is managed properly with the help of
organized team so that the designed shoes can offer better walking facilities. The Gaitshoe is
designed in such a way that will be capable of producing better support while exercising. With
the help of proper performance management the chances of performance will enhance.
Key performance indicator is used for the purpose of measuring the value that is achieved
for fulfilling a business objective. The main aim of using KPI indicator is that it helps in
evaluating the success rate of a business by evaluating the different departments. The KPI
indicator is used for the purpose of full filling the product qualities that will be offered with the
new design. The key benefits that are going to be offered with the use of KPI is that it enhances
the performance and ensures that the decision making process has improved. The key important
KPIs that are used for identifying the business functions are the profitability over time and the

17INNOVATION AND BUSINESS DEVELOPMENT
income capital that is needed for engaging maximum members within the organization.
Performance management is essential for identifying a process. It is very much essential to
ensure that the used software and the product is capable of generating proper benefit with the
long term so that it can enhance the development procedure. The Gaitshoe is designed in such a
way that it will help in engaging maximum customers effectively. The technology and software
that is integrated within the shoe are the sensor based system, use of cloud storage for the
purpose of enhancing the performance of the product.
The product shoe is designed with the aim of enhancing the performance so that it
becomes easy to engage the users together. With the help of proper and enhanced analysis it
becomes easy to organize the different components with the maintenance of the product. The
product before delivering needs to be managed properly so that it can offer a better customer
satisfaction. The main reason behind integrating the system with the sensors is to increase the
productivity. The shoes are designed in such a way that it will be able to protect the system from
unwanted threats.
The core factors that are identified with the KPI metrics is that it will increase the
customer satisfaction rate by enhancing the use of biosensors. The biosensors are used mainly for
the purpose of managing the performance. This will engage maximum customers and will ensure
that effective products are generated for planning the product for the purpose of preventing the
performance related management issues. The system needs to be developed properly so that it
can ensure that proper market value is obtained. The product once launched in the market should
gain better competitive advantage so that it can ensure a better performance. The sensors are
used for the purpose of maintaining a good amount of customer base and also ensures that the
preventive maintenance is being carried out. The main focus is essential for determining the
income capital that is needed for engaging maximum members within the organization.
Performance management is essential for identifying a process. It is very much essential to
ensure that the used software and the product is capable of generating proper benefit with the
long term so that it can enhance the development procedure. The Gaitshoe is designed in such a
way that it will help in engaging maximum customers effectively. The technology and software
that is integrated within the shoe are the sensor based system, use of cloud storage for the
purpose of enhancing the performance of the product.
The product shoe is designed with the aim of enhancing the performance so that it
becomes easy to engage the users together. With the help of proper and enhanced analysis it
becomes easy to organize the different components with the maintenance of the product. The
product before delivering needs to be managed properly so that it can offer a better customer
satisfaction. The main reason behind integrating the system with the sensors is to increase the
productivity. The shoes are designed in such a way that it will be able to protect the system from
unwanted threats.
The core factors that are identified with the KPI metrics is that it will increase the
customer satisfaction rate by enhancing the use of biosensors. The biosensors are used mainly for
the purpose of managing the performance. This will engage maximum customers and will ensure
that effective products are generated for planning the product for the purpose of preventing the
performance related management issues. The system needs to be developed properly so that it
can ensure that proper market value is obtained. The product once launched in the market should
gain better competitive advantage so that it can ensure a better performance. The sensors are
used for the purpose of maintaining a good amount of customer base and also ensures that the
preventive maintenance is being carried out. The main focus is essential for determining the

18INNOVATION AND BUSINESS DEVELOPMENT
internal and external goal related to the product launch. The commercialization has engaged
effectively so that it becomes easy to relate with the initiation phase. The sensors designed will
be capable of gathering the output for the purpose of generating the health related data.
Core objective SMART
external goal
External KPI Smart internal
goal
Internal KPI
1: increases
customer
satisfaction rate
Customer
satisfaction rate
enhances with
the use of
biosensors in the
shoes
The performance
gets enhanced
The quality of
the service will
improve
The product will
be mailed with
details.
2: health
condition gets
improved
Health condition
gets enhanced
Health
performance
enhances that
improves the
benefits
The quality of
life gets
improved
The product
structure is
offered through
banners.
internal and external goal related to the product launch. The commercialization has engaged
effectively so that it becomes easy to relate with the initiation phase. The sensors designed will
be capable of gathering the output for the purpose of generating the health related data.
Core objective SMART
external goal
External KPI Smart internal
goal
Internal KPI
1: increases
customer
satisfaction rate
Customer
satisfaction rate
enhances with
the use of
biosensors in the
shoes
The performance
gets enhanced
The quality of
the service will
improve
The product will
be mailed with
details.
2: health
condition gets
improved
Health condition
gets enhanced
Health
performance
enhances that
improves the
benefits
The quality of
life gets
improved
The product
structure is
offered through
banners.
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19INNOVATION AND BUSINESS DEVELOPMENT
References
Aversa, R., Petrescu, R.V., Petrescu, F.I. and Apicella, A., 2016. Biomimetic and evolutionary
design driven innovation in sustainable products development. American Journal of Engineering
and Applied Sciences, 9(4).
Bocken, N.M., 2015. Sustainable venture capital–catalyst for sustainable start-up success?.
Journal of Cleaner Production, 108, pp.647-658.
Cohen, B. and Munoz, P., 2017. Entering conscious consumer markets: Toward a new
generation of sustainability strategies. California Management Review, 59(4), pp.23-48.
Draper, S., 2013. Creating the big shift: System innovation for sustainability. London: Forum for
the Future.
Farahani, B., Firouzi, F., Chang, V., Badaroglu, M., Constant, N. and Mankodiya, K., 2018.
Towards fog-driven IoT eHealth: Promises and challenges of IoT in medicine and healthcare.
Future Generation Computer Systems, 78, pp.659-676.
Kim, T., Park, J., Heo, S., Sung, K. and Park, J. (2017). Characterizing Dynamic Walking
Patterns and Detecting Falls with Wearable Sensors Using Gaussian Process Methods. Sensors,
17(5), p.1172.
Lampikoski, T., Westerlund, M., Rajala, R. and Möller, K., 2014. Green innovation games:
Value-creation strategies for corporate sustainability. California Management Review, 57(1),
pp.88-116.
References
Aversa, R., Petrescu, R.V., Petrescu, F.I. and Apicella, A., 2016. Biomimetic and evolutionary
design driven innovation in sustainable products development. American Journal of Engineering
and Applied Sciences, 9(4).
Bocken, N.M., 2015. Sustainable venture capital–catalyst for sustainable start-up success?.
Journal of Cleaner Production, 108, pp.647-658.
Cohen, B. and Munoz, P., 2017. Entering conscious consumer markets: Toward a new
generation of sustainability strategies. California Management Review, 59(4), pp.23-48.
Draper, S., 2013. Creating the big shift: System innovation for sustainability. London: Forum for
the Future.
Farahani, B., Firouzi, F., Chang, V., Badaroglu, M., Constant, N. and Mankodiya, K., 2018.
Towards fog-driven IoT eHealth: Promises and challenges of IoT in medicine and healthcare.
Future Generation Computer Systems, 78, pp.659-676.
Kim, T., Park, J., Heo, S., Sung, K. and Park, J. (2017). Characterizing Dynamic Walking
Patterns and Detecting Falls with Wearable Sensors Using Gaussian Process Methods. Sensors,
17(5), p.1172.
Lampikoski, T., Westerlund, M., Rajala, R. and Möller, K., 2014. Green innovation games:
Value-creation strategies for corporate sustainability. California Management Review, 57(1),
pp.88-116.

20INNOVATION AND BUSINESS DEVELOPMENT
Li, S., Wang, J., Peng, W., Lin, L., Zi, Y., Wang, S., Zhang, G. and Wang, Z.L., 2017.
Sustainable energy source for wearable electronics based on multilayer elastomeric triboelectric
nanogenerators. Advanced Energy Materials, 7(13), p.1602832.
Lindgren, P. and Bandsholm, J. (2016). Business Model Innovation from an Business Model
Ecosystem Perspective. Journal of Multi Business Model Innovation and Technology, 4(2),
pp.51-70.
Liu, J., Xu, W., Zhang, J., Zhou, Z. and Pham, D.T., 2016, June. Industrial cloud robotics
towards sustainable manufacturing. In ASME 2016 11th International Manufacturing Science
and Engineering Conference. American Society of Mechanical Engineers Digital Collection.
Nguyen, N., Bui, D., Truong, P. and Jeong, G. (2018). Classification of Five Ambulatory
Activities Regarding Stair and Incline Walking Using Smart Shoes. IEEE Sensors Journal,
18(13), pp.5422-5428.
Vorapatratorn, S. and Nambunmee, K. (2014). iSonar: an obstacle warning device for the totally
blind. Journal of Assistive, Rehabilitative & Therapeutic Technologies, 2(1), p.23114.
Wahab, Y., Mazalan, M., Bakar, N., Anuar, A., Zainol, M. and Hamzah, F. (2014). Low Power
Shoe Integrated Intelligent Wireless Gait Measurement System. Journal of Physics: Conference
Series, 495, p.012044.
Wang, S. and Cheung, R. (2019). Comments on “Unsupervised gait retraining using a wireless
pressure-detecting shoe insole”. Gait & Posture.
Wang, Y. (2014). Consumers’ Purchase Intentions of Shoes: Theory of Planned Behavior and
Desired Attributes. International Journal of Marketing Studies, 6(4).
Li, S., Wang, J., Peng, W., Lin, L., Zi, Y., Wang, S., Zhang, G. and Wang, Z.L., 2017.
Sustainable energy source for wearable electronics based on multilayer elastomeric triboelectric
nanogenerators. Advanced Energy Materials, 7(13), p.1602832.
Lindgren, P. and Bandsholm, J. (2016). Business Model Innovation from an Business Model
Ecosystem Perspective. Journal of Multi Business Model Innovation and Technology, 4(2),
pp.51-70.
Liu, J., Xu, W., Zhang, J., Zhou, Z. and Pham, D.T., 2016, June. Industrial cloud robotics
towards sustainable manufacturing. In ASME 2016 11th International Manufacturing Science
and Engineering Conference. American Society of Mechanical Engineers Digital Collection.
Nguyen, N., Bui, D., Truong, P. and Jeong, G. (2018). Classification of Five Ambulatory
Activities Regarding Stair and Incline Walking Using Smart Shoes. IEEE Sensors Journal,
18(13), pp.5422-5428.
Vorapatratorn, S. and Nambunmee, K. (2014). iSonar: an obstacle warning device for the totally
blind. Journal of Assistive, Rehabilitative & Therapeutic Technologies, 2(1), p.23114.
Wahab, Y., Mazalan, M., Bakar, N., Anuar, A., Zainol, M. and Hamzah, F. (2014). Low Power
Shoe Integrated Intelligent Wireless Gait Measurement System. Journal of Physics: Conference
Series, 495, p.012044.
Wang, S. and Cheung, R. (2019). Comments on “Unsupervised gait retraining using a wireless
pressure-detecting shoe insole”. Gait & Posture.
Wang, Y. (2014). Consumers’ Purchase Intentions of Shoes: Theory of Planned Behavior and
Desired Attributes. International Journal of Marketing Studies, 6(4).

21INNOVATION AND BUSINESS DEVELOPMENT
Wise, J. (2016). “Unloading shoes” are no better than walking shoes for knee osteoarthritis, trial
finds. BMJ, p.i3870.
Wu, P. (2017). Experimental Study on Different Characteristics of Plantar Pressure Distribution
in Different Sports Shoes. Leather and Footwear Journal, 17(2), pp.107-115.
Zizzo, G. and Ren, L. (2017). Position Tracking During Human Walking Using an Integrated
Wearable Sensing System. Sensors, 17(12), p.2866.
Wise, J. (2016). “Unloading shoes” are no better than walking shoes for knee osteoarthritis, trial
finds. BMJ, p.i3870.
Wu, P. (2017). Experimental Study on Different Characteristics of Plantar Pressure Distribution
in Different Sports Shoes. Leather and Footwear Journal, 17(2), pp.107-115.
Zizzo, G. and Ren, L. (2017). Position Tracking During Human Walking Using an Integrated
Wearable Sensing System. Sensors, 17(12), p.2866.
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