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Questions and Answers
What is the primary purpose of RSS in the context of web 2.0?
What is the primary purpose of RSS in the context of web 2.0?
To syndicate content
What is an example of a technology that enables users to collaborate and share information?
What is an example of a technology that enables users to collaborate and share information?
Wikis
What is the significance of Web 2.0 in the context of technology innovation?
What is the significance of Web 2.0 in the context of technology innovation?
It enables user-generated content and participation
What is the term used to describe the use of technology to facilitate social interactions?
What is the term used to describe the use of technology to facilitate social interactions?
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What is an example of a technology that enables knowledge transfer?
What is an example of a technology that enables knowledge transfer?
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What is the role of technology in healthcare settings?
What is the role of technology in healthcare settings?
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How does Web 2.0 technology facilitate participation?
How does Web 2.0 technology facilitate participation?
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What is an example of a technology that enables users to browse and access information?
What is an example of a technology that enables users to browse and access information?
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What is the role of technology in facilitating knowledge transfer in healthcare settings?
What is the role of technology in facilitating knowledge transfer in healthcare settings?
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What is the significance of wikis in the context of technology innovation?
What is the significance of wikis in the context of technology innovation?
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Study Notes
Emerging Technologies and Applications
- Introduce the concept of business innovation through the adoption of modern IT/IS-based computer systems
- Evaluate the historic changes of how contemporary organizations utilize disruptive technologies today
- Understand and describe current disruptive technologies in and for the modern connected world
- Appreciate the potential value and impact to and for businesses concerning the deployment and use of ‘socialable’ technologies
Emerging Business Issues
- Generating disruptive business models
- Harnessing the creativity of employees and consumers/beneficiaries of offerings
- Nurturing regional ecosystems to best serve the market place
- Transformational innovation agenda
Innovation Environments
- Social networks and innovation
- Incremental and radical innovation
- Use and users of innovation
- Product and process innovation
Innovation Mechanisms
- Novelty in service, product, and process
- Management of complexity
- Protection of IPR
- Robust design
- Extending the range of competitive factors
- Timing and transfer across domains and context
The Cycle of Innovation
- Visualisation and identification of strategic objectives
- Creation and engagement of ideas
- Define and collect information
- Identify sources of innovation and internal creativity
- Evaluate and generate openness
- Screen and select options
- Implement with commitment and stakeholders
What is Meant by Innovation?
- Innovation is the management of all the activities involved in the process of idea generation, technology development, manufacturing, and marketing of a new (or improved) product or manufacturing process or equipment
- Innovation = Creativity + Commercialisation
- Innovation = Invention + Design + Diffusion
Types of Innovation
- Product innovation (new or improved product)
- Process innovation (new manufacturing method/technology)
- Organisation innovation (new division, business unit, or team)
- Management innovation (new management systems/philosophy)
Types of Innovation II
- Production innovation (new production planning/control method/systems)
- Commercialisation innovation (new approach to marketing/selling)
- Some large multi-national businesses who dominate their market are constantly evolving their technology and the customer has little choice but to follow (e.g. Microsoft Windows software)
Market Pull Innovation
- Businesses make huge investments in market research to determine if their products can be improved to meet an unfulfilled customer need
- Customer-driven innovation (e.g. healthier diet, genetically modified foods)
Web 2.0
- Blogs, RSS, Wikis, Social Networking, Forums, and Web 2.0
- See/hear, Collaborate, Browse, Participate, and Knowledge Transfer
Technology Innovation in Health Care Settings
- Technology innovation in healthcare settings
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Description
Learn about the role of modern IT/IS-based computer systems in business innovation and evaluate the impact of disruptive technologies on contemporary organizations.
