Exploring Innovation and Strategy

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  • Created by: EmilyWan
  • Created on: 04-06-19 20:12
Technology is defined as
The application of knowledge to expand human capacity
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What length is the Kondratiev cycle?
50 years
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Who was an early contributor to our ideas about the nature of knowledge and knowledge management?
Polanyi
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A development funnel is used by companies as part of new product development in order to:
Screen out ideas that are not feasible
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Who is not a technical entrepreneur?
Richard Branson
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Who was the first to introduce the moving assembly line?
Henry Ford
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F.W Taylor is seen as the "father" of:
Scientific management
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There are three forms of innovation; product is one. What are the other two?
Process Innovation and service innovation
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If radical innovation is at the extreme end of innovation, what type of innovation is at the other end?
Incremental innovation
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What percentage of innovations are radical?
10
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What type of innovation involves small changes to existing products/services/processes?
Incremental
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What type of innovation is most likely to be associated with "creative destruction"?
Radical innovation
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Radical innovation is the result of:
A major technological breakthrough
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Modular innovation involves:
The introduction of new components
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Architectural innovation involves:
Changes to the system configuration
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What does coupling model make use of?
Extensive use of feedback
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What best describes the integrated model?
"Team" approach that that stresses communication and team working
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What does creative destruction explain?
What can happen to an industry with when new technology emerges e.g. job losses and unemployment
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Dominant design begins with the ruptures of existing pattern of .......this then initiates a period of "ferment".
Incremental design
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What of the following are not used to describe various aspects within the theory of punctured equilibrium?
Architectural innovation
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Which factor is absorptive capacity dependent on?
Prior related knowledge
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Card 2

Front

What length is the Kondratiev cycle?

Back

50 years

Card 3

Front

Who was an early contributor to our ideas about the nature of knowledge and knowledge management?

Back

Preview of the front of card 3

Card 4

Front

A development funnel is used by companies as part of new product development in order to:

Back

Preview of the front of card 4

Card 5

Front

Who is not a technical entrepreneur?

Back

Preview of the front of card 5
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