Podcast
Questions and Answers
The 'spaghetti' model of innovation refers to:
The 'spaghetti' model of innovation refers to:
- A highly interconnected and complex process of innovation (correct)
- A model that emphasizes the role of market research in innovation
- A linear, step-by-step approach to innovation
- A model that focuses solely on technological breakthroughs
Which of the following is an implication for managers when adopting the 'Rationalist' model of innovation?
Which of the following is an implication for managers when adopting the 'Rationalist' model of innovation?
- Relying heavily on external sources of innovation
- Encouraging experimentation and embracing uncertainty
- Focusing solely on incremental improvements to existing products
- Embracing a highly structured and planned approach to innovation (correct)
Which of the following is a shortcoming of Porter's framework in its treatment of corporate technology and organization?
Which of the following is a shortcoming of Porter's framework in its treatment of corporate technology and organization?
- It ignores the importance of organizational culture in fostering innovation
- It overestimates the role of external factors in shaping innovation strategies
- It places too much emphasis on radical, disruptive innovations
- It fails to consider the constraints faced by individual firms in choosing innovation strategies (correct)
What is meant by 'strategy making in practice' in the context of innovation management?
What is meant by 'strategy making in practice' in the context of innovation management?
Which of the following practices is likely to have the most impact on innovation, according to the text?
Which of the following practices is likely to have the most impact on innovation, according to the text?
In the context of innovation management, what is the purpose of the 'Homework (Checkpoint System)'?
In the context of innovation management, what is the purpose of the 'Homework (Checkpoint System)'?
What is the significance of the 'Reading Week (GIS)' in the module structure?
What is the significance of the 'Reading Week (GIS)' in the module structure?
What is the purpose of the 'Decision-Making Under Uncertainty' part of the module?
What is the purpose of the 'Decision-Making Under Uncertainty' part of the module?
Which of the following is NOT a part of the module structure mentioned in the text?
Which of the following is NOT a part of the module structure mentioned in the text?
What is the likely purpose of the 'Innovation Networks' part of the module?
What is the likely purpose of the 'Innovation Networks' part of the module?