MODULE 15

It is takes innovation beyond a company’s R&D lab and lets customers and partners participate in the creation of new product and services.

• Process innovation

• Open innovation

• Innovation contest

• Role of Intrapreneurship in Corporate Innovation

One method by which a company can manage and run open innovation is to use a contest or “challenge”

• Open innovation

• Role of intrapreneurship in corporate innovation

• Innovation contest

• Process innovation

is an innovation in the way a company does any process,

• Role of Intrapreneurship in Corporate Innovation

• Open Innovation

• Process Innovation

• Innovation Contest

Give the top three challenges listed by the executives in R&D (Research and Development)? in order

• 1. how to assess the value of a new idea,

  2. how to encourage collaboration across geographical locations and functions, and

  3. managing the complexity of global R&D projects.

• 1. Franchising

  2. trade secrets

  3.patents

• 1. open innovation

  2. research development

  3. process innovation

Which of the following does a Company don't evaluate when choosing among countries in which to locate R&D facilities?

A specific phenomenon that occurs with this proximity is ​ (a)   .

What are the four main types of IP?

• Copyright, patents, franchise, licensing

• Trademark, copyright, licensing, trade secret

• Patents, trademarks, copyrights, trade secret

• Franchising, trade secrets, patents

are legal rights that protect creators' inventions, creations, developments, etc.

• Research and Development (R&D)

• Intellectual Property Rights (IPR)

• Trade Secret

• Intellectual Property (IP)

Who is Thomas Edison among the images?

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Research development refers to​ two _________ of research (to identify new knowledge and ideas) and development (turning the ideas into tangible products or processes).