26 Questions
What is the process by which organizations develop new and improved products?
Innovation
Which type of technological change refers to a fundamental shift in technology that revolutionizes products or the way in which they are produced?
Quantum technological change
What are new products or operating systems that incorporate a quantum technological improvement referred to as?
Quantum innovations
What type of technological change refers to improvements continuously made to particular technologies over time?
Incremental technological change
Which type of innovations are likely to cause major changes in an environment and increase uncertainty?
Quantum innovations
What do incremental innovations refer to?
Continuous improvements to particular technologies over time
What is a skunk works in the context of organizational innovation?
A temporary team created to expedite new product design and promote innovation
What is an important consideration when discussing team leadership in the context of product team structures?
The amount of power and authority given to the team leader
Which factor can potentially stunt innovation in high-tech organizations according to the text?
Increasing organizational size
In the context of information technology, what do information synergies refer to?
Individuals or subunits adjusting their actions or behaviors to the needs of others and achieving gains from cooperation
What does a heavyweight leader signify in the context of project management?
A true project manager with primary control over key resources for the duration of the project
What is the purpose of creating a new venture division in the context of organizational innovation?
To assume full responsibility for the commercialization of potential successful new product ideas
How does IT facilitate innovation in high-tech organizations according to the text?
By improving knowledge availability and promoting creativity in problem solving
What are joint ventures in the context of managing high-tech innovation?
Another means of managing high-tech innovation by combining skills and technologies from different organizations
What is an important factor that shapes organizational culture and values related to innovation?
The degree to which its values emphasize innovation
What is meant by lightweight team leader in the context of product team structures?
A mid-level functional manager with lower status than the head of a functional department
What does a culture of innovation in high-tech organizations depend on according to the text?
Characteristics of employees themselves
How does IT affect innovation in high-tech organizations according to the text?
By improving knowledge availability and promoting creativity in problem solving
What legal rights are granted to individual inventors and companies to protect their creations?
Property rights to own, control, license, and profit from their creation
What is the primary role of intrapreneurs in an established organization?
Identifying opportunities and managing the product development process
What is the term used for the process of widespread technological changes leading older companies to become uncompetitive?
Creative destruction
What determines the importance for managers to innovate in a company?
The rate of technological change
What is the purpose of a stage-gate funnel in new product development?
To establish a structured and coherent innovation process
What is the function of a cross-functional team in new product development?
Coordination among different functional areas for successful new product development
What is the goal of project management in innovation processes?
Leading and controlling an ongoing work program to create new or improved products
What do patents grant their owners?
Property right to use, control, license, and profit from their creation
Test your knowledge about innovation, intrapreneurship, and creativity with this quiz. Explore the concepts of technological change, types of innovation, and the process of developing new and improved products.
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