Fifth Generation Innovation Models
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Questions and Answers

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?

  • 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?

  • 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?

<p>The day-to-day activities and decision-making processes that shape an organization's innovation efforts (C)</p> Signup and view all the answers

Which of the following practices is likely to have the most impact on innovation, according to the text?

<p>Insider-outsider links (C)</p> Signup and view all the answers

In the context of innovation management, what is the purpose of the 'Homework (Checkpoint System)'?

<p>All of the above (D)</p> Signup and view all the answers

What is the significance of the 'Reading Week (GIS)' in the module structure?

<p>It is a time for independent study and research (D)</p> Signup and view all the answers

What is the purpose of the 'Decision-Making Under Uncertainty' part of the module?

<p>To teach students how to make decisions in situations with incomplete information (B)</p> Signup and view all the answers

Which of the following is NOT a part of the module structure mentioned in the text?

<p>Protecting Intellectual Property (C)</p> Signup and view all the answers

What is the likely purpose of the 'Innovation Networks' part of the module?

<p>To discuss the role of collaboration and partnerships in innovation (B)</p> Signup and view all the answers

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