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16 Cards in this Set
- Front
- Back
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Factors that influence the Success or Failure of an innovation
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Factors that influence the Success or Failure of an innovation
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Information
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Systems for obtaining reliatble current information about markets, technologies, research ect. in the area which they operate
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Skills
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Formal and informal learning, skilling, reskilling and multiskilling of staff
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Intellectual property
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Developing and protecting their knowledge base through patents, design registrations, trademarks, and where nesesscery secrecy
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Funding
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requiers considerable investment of time and money either from profits or external funding eg. loans, grants, commissions, share issues liscences and royalties
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Networks
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rely on netowrks of other organisations to make and supply materials, components, equiptment and often provide services
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Failure in design
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Dvorak Keyboard: Designed in 1963 the Dvorak keyboard claimed to increase speed and decrease mistakes in typing
- Failed as the standard qwerty keyboard still is more popular |
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Success in Design
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Dyson Airblade: Dyson airblade hand dryer aimed to be a more sanitary solution to the normal hand dryer
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Trends in Designing and manufacturing
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Trends in Designing and manufacturing
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Social
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refers to individuals and societies sense of right and wrong in reference to the wellbeing of society and the community
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global
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a global market for design and production allows for people to internationally design and produce
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Politics
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many government acts of legislation that influence design and production operating to protect consumers and manufacturers
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Economic
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factors that affect consumer purchasing , considering buying power and the target market
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Environmental
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four environmental trends that have long term inplications on designing and producing
- shortage of raw materials - increasing energy costs - increasing pollution - increasing government intervention |
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cultural diversity
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influences fashion, food, tools and techniques
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technology
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radical advancements in technology
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