Deck 6: Business Innovation

Full screen (f)
exit full mode
Question
In highly competitive buyers' markets companies cannot afford to be diverted by innovation
Use Space or
up arrow
down arrow
to flip the card.
Question
Innovation is about the development of new products not new operating practices
Question
Porter argues that firms can pursue three different generic strategies
Question
Tellis found that innovation champions have three basic characteristics
Question
There are four levels of innovation
Question
Closed sources are the main ways of originating and developing innovations
Question
It is now accepted that networking with other firms and organisations is the best way to practice innovation
Question
The innovation process has three phases
Question
Selecting innovative ideas with promise can be aided by applying selection models such as the Idea Funnel and Stage- Gate review.
Question
Knowledge transfer (KT) is a potent method of boosting open- innovation activity
Question
Hard systems thinking is the only professional approach to solving business problems
Question
Innovation bottlenecks are largely the result of conservative attitudes
Unlock Deck
Sign up to unlock the cards in this deck!
Unlock Deck
Unlock Deck
1/12
auto play flashcards
Play
simple tutorial
Full screen (f)
exit full mode
Deck 6: Business Innovation
1
In highly competitive buyers' markets companies cannot afford to be diverted by innovation
False
2
Innovation is about the development of new products not new operating practices
False
3
Porter argues that firms can pursue three different generic strategies
True
4
Tellis found that innovation champions have three basic characteristics
Unlock Deck
Unlock for access to all 12 flashcards in this deck.
Unlock Deck
k this deck
5
There are four levels of innovation
Unlock Deck
Unlock for access to all 12 flashcards in this deck.
Unlock Deck
k this deck
6
Closed sources are the main ways of originating and developing innovations
Unlock Deck
Unlock for access to all 12 flashcards in this deck.
Unlock Deck
k this deck
7
It is now accepted that networking with other firms and organisations is the best way to practice innovation
Unlock Deck
Unlock for access to all 12 flashcards in this deck.
Unlock Deck
k this deck
8
The innovation process has three phases
Unlock Deck
Unlock for access to all 12 flashcards in this deck.
Unlock Deck
k this deck
9
Selecting innovative ideas with promise can be aided by applying selection models such as the Idea Funnel and Stage- Gate review.
Unlock Deck
Unlock for access to all 12 flashcards in this deck.
Unlock Deck
k this deck
10
Knowledge transfer (KT) is a potent method of boosting open- innovation activity
Unlock Deck
Unlock for access to all 12 flashcards in this deck.
Unlock Deck
k this deck
11
Hard systems thinking is the only professional approach to solving business problems
Unlock Deck
Unlock for access to all 12 flashcards in this deck.
Unlock Deck
k this deck
12
Innovation bottlenecks are largely the result of conservative attitudes
Unlock Deck
Unlock for access to all 12 flashcards in this deck.
Unlock Deck
k this deck
locked card icon
Unlock Deck
Unlock for access to all 12 flashcards in this deck.