2- Flashcards

(41 cards)

1
Q

One of the most significant innovators and inventors in American history, is perhaps best known for inventing the first long-lasting, commercially practical incandescent light bulb. He was the father of many other breakthroughs, including the first phonograph and the motion picture camera, and he was influential in developing
the first economically viable way of distributing light, heat, and power from a central station.

A

Thomas Edison

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2
Q

The iconic American entrepreneur and
founder of Apple will go down in history as one of the great innovators. As CEO of Apple in the 1980s and again in the late 90s and 2000s, Jobs played a central role in the
personal computer revolution and in developing its key products, including the McIntosh, the iPod and the iPhone.

A

Steve Jobs

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3
Q

A great inventor, engineer, and futurist, helped develop the AC electrical delivery system. Infamous for his wild experiments and colorful personality,— ‘s creative
work regarding the production and transmission of power was
far ahead of his time.

A

Nikola Tesla

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4
Q

One of the great businessman/philanthropists of the last century, Gates founded and built Microsoft into an
unmatched software behemoth before leaving to state the Bill and Melinda Gates foundation, a multi-billion dollar philanthropic enterprise working to enhance global healthcare and reduce
poverty.

A

Bill Gates

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5
Q

One of the founding fathers of the United
States, was a brilliant polymath, inventor, political theorist, scientist, statesman, and writer. He had a prodigious
scientific mind, and his interests varied widely, but in addition to politics, he is perhaps best known for his experiments with lightning and electricity.

A

Benjamin Franklin

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6
Q

The original “Renaissance man,” Da Vinci
is best known for his paintings (the Last Supper, the Mona Lisa) but he was also a philosopher, engineer, and inventor. He left
behind him a collection of extraordinarily prescient drawings depicting future technologies (helicopter, tank, solar power)

A

Leonardo Da Vinci

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7
Q

Da Vincis’ prescient drawings depicting future technologies are

A

(helicopter, tank, solar power)

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8
Q

A Scottish inventor and engineer, was awarded the US patent for the telephone in 1876. His work on telecommunications, aeronautics, and many other areas (he invented the metal detector) earned him a reputation as one of the great figures of the nineteenth century.

A

Alexander Graham Bell

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9
Q

A Scottish-Canadian innovator and inventor, used his engineering, surveying, and
mapmaking skills to help build the transcontinental railways of the nineteenth century. He was also the inventor of worldwide standard time and the standard times zones used today.

A

Sandford Fleming

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10
Q

The first female winner of the Nobel Prize
in 1903 (she won it twice in both physics and chemistry), was a pioneering physicist and chemist who is known for her breakthrough ideas in radioactivity and her
discovery of two elements(Polonium and Radium).

A

Marie Curie

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11
Q

Marie Curie discovered discovery of two elements called

A

Polonium and Radium

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12
Q

Orville & Wilbur Wright invented
and flew the world’s first successful airplane in 1903. Their persistence, experimentation, and work on the principles of flight made them legendary inventors and
innovators.

A

The Wright Brothers

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13
Q

The legendary Italian genius whose
breakthrough ideas helped usher in the scientific revolution in the seventeenth century, is often called the “father of modern science”. Forced to defend
his views of heliocentrism against the Roman inquisition, and spending most of his life under house arrest for heresy, Galileo has become an icon of scientific integrity in the face of religious dogmatism

A

Galileo Galilei

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14
Q

One of the great scientists of the
twentieth century, breakthrough ideas in
Quantum theory helped revolutionize that field. He once challenged students to explain why a spinning plate wiggles when tossed. His playful approach led to
insights on rotational motion

A

Richard Feynman

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15
Q

MAIN TRAITS OF AN INNOVATOR

One of the most important traits of an innovative
person is the ability to embrace failure and learn from
mistakes. Innovative individuals see failure not as a setback
but as an opportunity to grow. They know it’s a natural part
of the creative process and helps them get closer to
success.

A

Accepts Failure and Learns from Mistakes

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16
Q

MAIN TRAITS OF AN INNOVATOR

Innovative individuals constantly seek better ways to
do things and aren’t afraid to challenge how things have
always been done.
They take risks and try new approaches, even if that means
defying conventional wisdom.

A

Thinks Outside the Box and Challenges the Status Quo

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17
Q

MAIN TRAITS OF AN INNOVATOR

They ask questions, explore different viewpoints, and
constantly seek knowledge. Their curiosity allows them to
view problems from different angles and develop creative
solutions.

A

Has a Curious and Open Mind

18
Q

MAIN TRAITS OF AN INNOVATOR

Innovators step outside their comfort zones, try new
things, and take calculated risks. They see change not as
a threat, but as an opportunity for progress.

A

Takes Risks and Embraces Change

19
Q

MAIN TRAITS OF AN INNOVATOR

Innovators understand the power of collaboration.
They value feedback and diverse perspectives as tools to
refine their ideas and improve outcomes

A

Collaborates and Seeks Feedback

20
Q

CORE SKILLS OF AN INNOVATOR

The ability to successfully connect seemingly
unrelated questions, problems, or ideas from different fields
is essential to innovation.

21
Q

CORE SKILLS OF AN INNOVATOR

Most innovative entrepreneurs can recall the specific questions they were asking when
inspiration for a new venture struck. Effective questioning often involves: Why? , Whynot? , and Whatif?

22
Q

CORE SKILLS OF AN INNOVATOR

Discovery-driven
executives generate uncommon business ideas by
examining common phenomena, especially
customer behavior.
Innovators carefully, intentionally, and
consistently observe small behavioral details of
customers, suppliers, and competitors to gain
insights into new ways of doing things.

23
Q

CORE SKILLS OF AN INNOVATOR

Fronzetti et al. (2023) found that innovators’ communication tends to be oriented toward innovation and the market. They use words related to business performance, innovation, and marketing, and express concern for company growth and new business
opportunities.

A

Thematic Orientation

24
Q

CORE SKILLS OF AN INNOVATOR

Like scientists, innovators actively test new ideas by
building prototypes and launching pilot programs.
The world is the innovator’s laboratory. As an innovator,
you must be capable of designing and running experiments.

A

Experimenting

25
CORE SKILLS OF AN INNOVATOR Investing time and energy in finding and testing ideas through a network of diverse people gives innovators radically different perspectives. They actively seek out people with different ideas and viewpoints to expand their own knowledge domains. Forsman and Temel (2016) recommend that innovation-promoting policies should encourage networking (collaborative) activities, not just for exploration but also for the exploitation of innovation.
Networking
26
KEY CHARACTERISTICS OF INNOVATORS At the heart of an innovator is a relentless curiosity. They possess an innate desire to understand how things work and a tendency to constantly ask “why” and “what if.” This questioning of the status quo is exploratory, pushing them beyond surface-level understanding to see connections others might miss.
Persistent Curiosity:
27
KEY CHARACTERISTICS OF INNOVATORS Innovation is a process filled with trial and error. A defining characteristic of innovators is their resilience, viewing failures not as dead ends but as valuable learning opportunities. This persistence in the face of repeated challenges is what allows them to refine their ideas and eventually succeed.
Resilience in the Face of Failure:
28
KEY CHARACTERISTICS OF INNOVATORS Innovators have a keen ability to observe the world and notice inefficiencies or unmet needs that most people accept as normal. They can detach from their own perspective to see how others experience a product or process. This empathetic viewpoint helps them identify “struggling moments” in customer behavior and uncover opportunities for improvement.
Observational Skills:
29
KEY CHARACTERISTICS OF INNOVATORS Innovation is a process filled with trial and error. A defining characteristic of innovators is their resilience, viewing failures not as dead ends but as valuable learning opportunities. This persistence in the face of repeated challenges is what allows them to refine their ideas and eventually succeed.
Resilience in the Face of Failure:
30
KEY CHARACTERISTICS OF INNOVATORS Innovators have a keen ability to observe the world and notice inefficiencies or unmet needs that most people accept as normal. They can detach from their own perspective to see how others experience a product or process. This empathetic viewpoint helps them identify “struggling moments” in customer behavior and uncover opportunities for improvement.
Observational Skills:
31
KEY CHARACTERISTICS OF INNOVATORS Innovators favor experimentation and prototyping over prolonged deliberation. They are proactive in implementing ideas and taking calculated risks to turn concepts into reality. Rather than waiting for a perfect plan, they prefer to build a minimum viable product, test it, and adapt based on feedback.
Bias Toward Action:
32
KEY CHARACTERISTICS OF INNOVATORS Innovation rarely happens in isolation. Successful innovators understand the power of collaboration and actively build networks to gain diverse perspectives. They break down silos and encourage the exchange of ideas, knowing that collective intelligence will lead to better outcomes.
Networking and Collaboration:
33
The Innovator’s Environment Various institutions that shape or limit the innovation process.
Institutional Factors
34
The Innovator’s Environment The need to balance innovation with existing intellectual property rights and industry standards.
Technological Standards
35
The Innovator’s Environment Leading and designing initiatives within international or local companies.
Organizational Culture
36
Key Traits and Roles of Innovators Mastering technical knowledge to enhance innovation-based competitiveness.
Highly Competent
37
Key Traits and Roles of Innovators Ensuring that the protection and commercialization of intellectual property are handled with integrity.
Ethical Professional
38
Key Traits and Roles of Innovators Understanding how innovation influences various institutions and serves the community.
Service Oriented
39
Key Traits and Roles of Innovators Contributing to the country's sustainable growth through technological advancement.
Growth-Minded
40
———-(from the Latin innov ātor ) is, in essence, a person, team, or organization that introduces significant changes or improvements to existing elements, or creates entirely new ones. The Cambridge Dictionary defines an innovator as “someone who introduces changes and newideas . • Example: Companies like Tesla and Apple are considered innovators because they consistently develop groundbreaking products and technologies.
innovator
41
The terms “innovator” and “inventor” are often used interchangeably, but they represent distinct roles. ____ is someone who creates something entirely new - a product, process, or technology that has never existed before. ore. Their primary focus is on the act of creation itself. An ______, on the other hand, takes an existing invention or idea and improves upon it or applies it in a new way. Their focus is on application and market need, enhancing functionality or user experience to create value.
1. Inventor 2. Innovator