Podcast
Questions and Answers
The course covers the concept of design thinking.
The course covers the concept of design thinking.
True
Students will learn about the economic role of entrepreneurship in the course.
Students will learn about the economic role of entrepreneurship in the course.
False
The stage-gate-approach is a technique for managing the innovation process.
The stage-gate-approach is a technique for managing the innovation process.
True
The course only covers product-related innovations.
The course only covers product-related innovations.
Signup and view all the answers
The concept of promoters is used to overcome organizational constraints for innovation.
The concept of promoters is used to overcome organizational constraints for innovation.
Signup and view all the answers
Crowd funding is a technique used in open innovation.
Crowd funding is a technique used in open innovation.
Signup and view all the answers
The course focuses on the development of innovation theory.
The course focuses on the development of innovation theory.
Signup and view all the answers
The course only covers theoretical aspects of innovation.
The course only covers theoretical aspects of innovation.
Signup and view all the answers
The lecture 'Dimensions of innovation I' is scheduled on 12.10.2023.
The lecture 'Dimensions of innovation I' is scheduled on 12.10.2023.
Signup and view all the answers
The exercise 'Innovation matrix with examples' is scheduled on 12.10.2023.
The exercise 'Innovation matrix with examples' is scheduled on 12.10.2023.
Signup and view all the answers
The lecture 'Theories in innovation management and success of innovation' is scheduled on 26.10.2023.
The lecture 'Theories in innovation management and success of innovation' is scheduled on 26.10.2023.
Signup and view all the answers
The case study 'innocent' is scheduled on 26.10.2023.
The case study 'innocent' is scheduled on 26.10.2023.
Signup and view all the answers
There is a lecture and exercise scheduled on 16.11.2023.
There is a lecture and exercise scheduled on 16.11.2023.
Signup and view all the answers
The exercise 'startport' is scheduled on 23.11.2023.
The exercise 'startport' is scheduled on 23.11.2023.
Signup and view all the answers
The lecture 'Creativity techniques & Design Thinking' is scheduled on 07.12.2023.
The lecture 'Creativity techniques & Design Thinking' is scheduled on 07.12.2023.
Signup and view all the answers
The exercise 'Future automobile market' is scheduled on 21.12.2023 in the morning.
The exercise 'Future automobile market' is scheduled on 21.12.2023 in the morning.
Signup and view all the answers
Innovation in terms of strategy involves in changing the whole industry.
Innovation in terms of strategy involves in changing the whole industry.
Signup and view all the answers
Organization innovation is a type of innovation that involves the whole society.
Organization innovation is a type of innovation that involves the whole society.
Signup and view all the answers
Process innovation involves the creation of a new product or service.
Process innovation involves the creation of a new product or service.
Signup and view all the answers
Market innovation involves the creation of a new market or the discovery of a new market.
Market innovation involves the creation of a new market or the discovery of a new market.
Signup and view all the answers
Innovation in terms of technology involves the creation of a new idea.
Innovation in terms of technology involves the creation of a new idea.
Signup and view all the answers
Product innovation involves the creation of a new or improved product or service.
Product innovation involves the creation of a new or improved product or service.
Signup and view all the answers
Social system innovation involves the creation of a new social system.
Social system innovation involves the creation of a new social system.
Signup and view all the answers
Invention is a type of innovation that involves the creation of a new or improved process.
Invention is a type of innovation that involves the creation of a new or improved process.
Signup and view all the answers
In the dimension of innovation, the 'kind of innovation' category includes 'process' and 'market'.
In the dimension of innovation, the 'kind of innovation' category includes 'process' and 'market'.
Signup and view all the answers
The degree of innovation is measured by how new it is for the manufacturer.
The degree of innovation is measured by how new it is for the manufacturer.
Signup and view all the answers
The process of innovation begins with the invention stage.
The process of innovation begins with the invention stage.
Signup and view all the answers
Radical innovations often cause small improvements to an existing product.
Radical innovations often cause small improvements to an existing product.
Signup and view all the answers
The success of innovation is solely dependent on the role of the customer.
The success of innovation is solely dependent on the role of the customer.
Signup and view all the answers
Incremental innovation is extremely powerful when compounding over time.
Incremental innovation is extremely powerful when compounding over time.
Signup and view all the answers
The dimension of innovation includes the subjectivity of innovation.
The dimension of innovation includes the subjectivity of innovation.
Signup and view all the answers
Utterback's lifecycle of innovation is a model for radical innovation.
Utterback's lifecycle of innovation is a model for radical innovation.
Signup and view all the answers
Cooperative innovation is a type of innovation that involves collaboration with other organizations.
Cooperative innovation is a type of innovation that involves collaboration with other organizations.
Signup and view all the answers
The concept of innovation is only applicable to product-related innovations.
The concept of innovation is only applicable to product-related innovations.
Signup and view all the answers
An example of incremental innovation is the introduction of an electric car.
An example of incremental innovation is the introduction of an electric car.
Signup and view all the answers
Customer innovation is an example of incremental innovation.
Customer innovation is an example of incremental innovation.
Signup and view all the answers
The application of innovation is a stage in the innovation process.
The application of innovation is a stage in the innovation process.
Signup and view all the answers
Adding wanted or removing unwanted features is an example of radical innovation.
Adding wanted or removing unwanted features is an example of radical innovation.
Signup and view all the answers
Radical innovations do not affect the innovation provider or manufacturer.
Radical innovations do not affect the innovation provider or manufacturer.
Signup and view all the answers
Radical innovations only affect the innovation demanders or users.
Radical innovations only affect the innovation demanders or users.
Signup and view all the answers
Study Notes
Course Outline
- The course covers innovation management, with 15 lectures and corresponding exercises from October 5, 2023, to January 25, 2024.
- Topics include dimensions of innovation, innovation matrix, theories in innovation management, innovation systems, constraints and promotors, business model innovation, patterns of business models, creativity techniques, disruptive innovation, strategic innovation, and diffusion of innovation.
Learning Outcomes
- Students will have a sound knowledge of the economic role of innovation and the innovation process.
- Students can give an overview of the development of innovation theory.
- Students know about the different characteristics and economic impacts of product-related and process-related innovations.
Dimensions of Innovation
- Kind of innovation: what is new?
- Degree of innovation: how new?
- Subjectivity of innovation: new for whom?
- Process of innovation: where does it begin and end?
- Success of innovation: what makes it successful?
- Roles of innovation: with whom?
Types of Innovation
- Product innovation: new product or service
- Process innovation: new production or delivery method
- Social system innovation: new social or organizational structure
- Strategy innovation: new business strategy
Degree of Innovation
- Incremental innovation: small improvements to an existing product
- Radical innovation: fundamental change in the knowledge base, value creation network, innovation provider or user, or society
Effects of Radical Innovations
- Causes a fundamental change in the knowledge base, value creation network, innovation provider or user, or society.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
15 lectures covering dimensions of innovation, innovation matrix, theories, and more. Learn about business model innovation, creativity techniques, and strategic innovation.
