1
Q
Innovation definition
A
Act of introducing a new device, method, or material for application to commercial or practical objectives
2
Q
Innovation management definition
A
How organisations and their employees manage their innovation activities
3
Q
Innovation management includes:
A
- Activity of formulating new innovation strategy
- Ensures that employees can be creative and come up with new ideas
- Actual execution of innovation projects
4
Q
Product, service and process innovation
A
Product - tangible product
Service - intangible
Process - innovation in way firm conducts activities
5
Q
Incremental innovations
A
Innovations just slightly different from solutions that already exist
6
Q
Radical innovations
A
New and very different from solutions that already exist
7
Q
Modular innovation
A
Changing a component without changing system configuration
8
Q
Architectural innovation
A
Change in system-wide configuration and how its components interact
Innovation Management
flashcards
Decks in class (22)
# Cards
-
Managing Yourself: How to save good ideas (Slim Lit 1)6
-
Cooking up Change in Haute Cuisine11
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Building a Culture of Originality7
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Forecasting the Success of Novel Ideas in Organisations8
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How Idea Generators Shuffle between Pros and Cons of Teamwork4
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MOOC Basic Innovation Management Principles8
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MOOC Adoption Lifecycle and Innovation Adoption at the Individual Level17
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MOOC What is Creativity and How can it be Enhanced?17
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MOOC Principles, Types and Challenges of Idea Management12
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MOOC Crafting an Innovation Strategy in an Ever-Changing World11
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MOOC How to Translate Your Strategy into a Project Portfolio Plan14
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Developing Innovative Solutions Through Internal Crowdsourcing5
-
Perspective Taking as Key to Unlocking Diversity's Potential9
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MOOC How to Execute Innovation Projects6
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MOOC Teams, Social Networks and Innovation14
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Lecture 117
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You Need an Innovation Strategy2
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Transition from Dual-Process to Dynamic Coordination-Based8
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Re-Examining Technology S-Curves6
-
Managing Risk and Reward in an Innovation Portfolio5
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New Product Portfolio Management5
-
Network Secrets of Great Change Agents2
