Topic 5.2

What is essential for something to be classified as an invention ?

• It must be patented.

• It must make a genuine difference.

• It must be expensive to produce.

• It must be technologically advanced.

Which of the following is an example of disruptive innovation?

• The development of the wheel.

• The introduction of the iPod.

• The creation of a more efficient assembly line.

• The release of a new smartphone with a better camera.

What characterizes process innovation?

• Changing the core technology of a product.

• Introducing a completely new product to the market.

• Improving the method of production or delivery.

• Developing a cheaper version of an existing product.

Which type of innovation involves changing the configuration of components while keeping the technology the same?

• Modular Innovation

• Architectural Innovation

• Disruptive Innovation

• Process Innovation

What are the two most common reason why many inventions do not become innovations?

• They are too simple and lack complexity.

• They fail to secure a patent.

• They do not find enough financial support.

• The marketing strategy and market diffusion were not financially sound.

Sustaining innovation primarily focuses on:

• Creating a completely new market.

• Maintaining and improving existing products.

• Replacing outdated technologies.

• Combining existing technologies into new products.

What are the two examples of modular innovation?

• Moving the power button of a phone from the top to the side.

• Introducing a new user interface that requires a different hardware configuration to work.

• Replacing the engine of a car with an electric motor while keeping the car’s body the same.

• Introducing a new app that works on enhancing the battery life use on an existing smartphone.

Diffusion of innovation refers to:

• The gradual improvement of a product over time.

• The spread of new ideas and technologies through among individuals, organizations, or societies..

• The resistance of a market to a new product.

• The increasing sales of innovative components in a market

Which factors contribute to the suppression of a new innovation in the market?

• High initial demand for the product.

• Ambiguity over patent ownership.

• Immediate financial success of the product.

• Established competitors with significant resources and market presence

Which strategy involves the introduction of a product that both changes technology and reorganizes the structure of the product?

• Architectural Innovation

• Modular Innovation

• Configurational Innovation

• Disruptive Innovation