Innovation And Technology Management

Front 1

component innovation

Back 1

An innovation entails changes to one or more components, but does not significantly affect the overall configuration of the system

Front 2

architectural innovation

Back 2

An innovation entails changing the overall design of the system or the way that components interact with each other. A strictly architectural innovation may reconfigure the way that components link together in the system, without changing in the system that reverberate throughout its design, requiring changes in the underlying components in addition to changes in the ways those components interact.

Front 3

What kind of innovation often have far-reaching and complex influences on industry competitors and technology users? And why?

Back 3

Architectural innovation. It requires the possession of architectural knowledge about the way components link and integrate to form the whole system and therefore requires the understanding of how the attributes of components interact, and how changes in the system features might trigger the need for changes i many other design features of the overall system or the individual components.

Front 4

What kind of innovation is often considered more radical and more competence destroying?

Back 4

Architectural innovation

Front 5

What can decide the dimensions of innovation types?

Back 5

Time frame and industry context

Front 6

Is s-curves in technology performance and s-curves in technology diffusion the same process?

Back 6

No. They are not the same process, though they are related.

Front 7

Why s-curves in technology performance and s-curves in technology diffusion are related?

Back 7

Improvements in performance may foster faster adoption, and greater adoption may motivate further investment in improving performance.

Front 8

What is meant by technology trajectory?

Back 8

The path a technology follows through time is termed its technology trajectory. Technology trajectories are often used to represent the technology's rate of performance improvement or its rate of adoption in the marketplace (i.e. rate of technology diffusion) to the market)

Front 9

What are the 4 dimensions most commonly used to categorize innovations?

Back 9

product versus process innovation;
radical versus incremental;
competence enhancing versus competence destroying;
architectural versus component

Front 10

What is product innovation?

Back 10

Product innovation is embodied in the outputs of an organization.

Front 11

What is process innovation?

Back 11

Process innovation is innovation in the way an organization conducts its business, such as in the techniques of producing or marketing goods or services. It is often oriented towared improving the effectiveness or efficiency of production, e.g. by reducing defect rates or increasing the quantity that may be produced in a given time.

Front 12

New product innovations and process innovations often occur in tandem. Describe some of the phenomenon.

Back 12

1. New processes may enable the products.
2. New products may enable the development of new processes
3. A product innovation for one firm may simultaneously be a process innovation for another.

Front 13

What is radical innovation?

Back 13

It is an innovation that is very new and different from prior solutions.
.

Front 14

What is incremental innovation?

Back 14

It might not be particularly new or exceptional; might have been previously known to the firm or industry, and involve only a minor change (or adjustment) to existing practices.

Front 15

Define radicalness in terms of newness and degree of differentness.

Back 15

Radicalness might be conceived as the combination of newness and the degree of differentness. e.g. new technologies that required new manufacturing and service processes. A technology could be new to the world, new to an industry, new to a firm, or merely new to an adopting business unit

Front 16

Define radicalness in terms of risk

Back 16

Radical innovations often embody new knowledge, producers and customers will vary in their experience and familiarity with the innovation, and in their judgement of its ueefulness and relibility (technical feasibility, reliability, costs & demands)

Front 17

How the radicalness of an innovation is relative?

Back 17

It is relative because it may change over time or in respect to different observers. Besides, it is radical to one firm may seem incremental to another.