ODB Chapter 13

Types of innovation

• Quantum technological

  change

• Quantum innovations

• Incremental technological

  change

• Incremental innovations

What do we need to become knowledge-creating organization

• Incremental innovations

• Intrapreneurship

• Quantum technological

  change

• Creativity

Product life cycle depends on

• Rate of technological change.

• Role of fads & fashion

• Creativity

• Opportunity

What do we need to create innovative culture?

• • Organizational structure

• • People

• • Property rights

• All of the options are correct

The cost and time savings that occur when IT allows individual employees to perform their current tasks at a higher level, assume additional tasks, and expand their roles in the organization due to advances in the ability to gather and analyze data.

• Information efficiencies

• Information synergies

• Stage-Gate Development Funnel

• Cross-Functional Teams

The knowledge building created when two or more individuals or subunits pool their resources and cooperateand collaborate across role orsubunit boundaries.

• Information efficiencies

• Information synergies

• Stage-Gate Development Funnel

• Cross-Functional Teams

How to manage the innovation process?

• • Project Management

• • Stage-Gate Development Funnel

• • Cross-Functional Teams and a Product Team Structure

• • Team Leadership

• • Joint Ventures