Disruptive Innovation and Business Model Innovation
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Questions and Answers

What is the primary goal of basic research according to the text?

  • To derive possible solutions to a problem
  • To collect information about how nature and people are put together (correct)
  • To push something to the next level
  • To improve understanding of a certain problem

    • What is the key characteristic of disruptive innovation according to the text?

  • When companies get better at things people want less and less (correct)
  • When there are technological shifts or changes in the marketplace
  • When companies need to innovate their business model
  • When companies need to push something to the next level

    • What is the key difference between disruptive innovation and breakthrough innovation?

  • Disruptive innovation focuses on the business model, while breakthrough innovation focuses on the product
  • Disruptive innovation is driven by technological shifts, while breakthrough innovation is driven by basic research
  • Disruptive innovation is popularized by Clayton Christensen, while breakthrough innovation is defined by Idea scale
  • Disruptive innovation makes companies better at things people want less, while breakthrough innovation opens companies to new markets (correct)

    • What is the key characteristic of breakthrough innovation according to the text?

    <p>It opens the company to new markets or changes the way customers interact</p> Signup and view all the answers

    What is the key role of basic research in innovation?

    <p>It provides information about a certain problem and derives possible solutions</p> Signup and view all the answers

    Which of the following individuals is credited with popularizing the concept of disruptive innovation according to the text?

    <p>Clayton Christensen</p> Signup and view all the answers

    What are the essential skills possessed by an Entrepreneur Technopreneur?

    <p>Skills in marketing, communication, and strategic thinking</p> Signup and view all the answers

    How does an Entrepreneur Technopreneur add value to their ideas?

    <p>By converting opportunities into workable/marketable ideas</p> Signup and view all the answers

    What distinguishes a Technopreneur from a regular entrepreneur?

    <p>Technopreneurs use cutting-edge technology for new business ventures</p> Signup and view all the answers

    What differentiates an Entrepreneur Technopreneur from others?

    <p>Their involvement in technological changes for producing goods and services</p> Signup and view all the answers

    What drives an Entrepreneur Technopreneur in transforming resources into goods and services?

    <p>Technology as the driven factor</p> Signup and view all the answers

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