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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?

The day-to-day activities and decision-making processes that shape an organization's innovation efforts Signup and view all the answers

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

Insider-outsider links Signup and view all the answers

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

All of the above Signup and view all the answers

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

It is a time for independent study and research Signup and view all the answers

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

To teach students how to make decisions in situations with incomplete information Signup and view all the answers

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

Protecting Intellectual Property Signup and view all the answers

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

To discuss the role of collaboration and partnerships in innovation Signup and view all the answers