Diffusion of innovations

global market has raised the significance of continuous innovation and improvement among all companies that seeks to grasp a big share of the market. Various companies have devoted resources to their research and development teams to generate cutting edge innovations that will tremendously improve their bottom line margins. Management and organizational consultants have been hired to help the organization develop a culture of continuous innovation. Surprisingly, not many companies even the…

ACE 592 LR Assignment 1 NetID: xl2 Name: Xu Li Question 1: Discuss three economic rationales for having a patent system, and please provide examples to illustrate the rationales. The three economic rationales are Market reward, Ex ante rationales, and Ex post rationales. Market reward: A patent is a reward by the federal government that encourage inventive activity and promote disclosure of new technology. It gives the right to exclude others from making, using, or selling the invention. The…

Case Report Title Here: Delta Synthetic Fibre's Case Report The Issue: Why are we here – What are the important Question(s)? Delta Synthetic Fibres (DSF) is currently working on developing the Britlon range. Therefore, they must determine the most efficient way to introduce their new product. At the same time, they must find ways to meet the demand for their better product. In my opinion, DSF is facing 3 main challenges. • How is DSF’s ability to produce Britlon based on their…

Patents and Trademarks: Gril-Kleen Considerations Business growth brings many challenges. Foremost, new legal issues enter the arena as a company expands (Hisrich, Peters, & Shepherd, 2013). Further, as a company gains more exposure, threats to intellectual property, such as formulas and logos, begin to emerge. In the case of Gril-Kleen Corporation, it is important to identify legal issues of expansion, safety and liability issues, and the most advantageous legal protections for the business.…

In his essay Smarter than You Think: How Technology is Changing Our Minds for the Better, Clive Thompson explores the topic of technology and how it affects how we think and how we interact with each other. Throughout the essay, he uses many examples and comparisons that support his main point, which is that technology is in fact making us smarter by extending our memory and augmenting our abilities. The topic of whether technology is improving our lives is a highly debated one, and Thompson in…

Case Study – IBM 1. What is IBM’s “Smarter Planet” business strategy. How does this relate to IBM’s mission and values? In essence the “Smarter Planet” business strategy’s all about big data, which’s essentially a new form of data which’s so large, so complex, and collected at such a high rate that it requires special software such as Watson in order to make use of it. With how interconnected things have become, IBM believes that Big Data will become important ergo, Watson will be in high…

There are many ways that technology shapes our day-to-day life. It’s our future, and the less someone knows about it, the more likely they are to fall behind in society. While technology has its ups and downs, it is a gateway to the future and is continually changing our culture. In Kara Alalmo’s article “7 Ways the iPhone has made life worse” she states that “While we're busy on our phones, we're ignoring the world around us” (Alalmo). This is very far from true. Since we all have our heads…

Introduction Sime Darby is one of the successful company that have been operating in over 20 countries world-wide and has more than 100,000 employees. In 2009, Sime Darby take the initiative to introduction ‘Sime Darby’s Core Executive Program’, (CEP) this program is been encourage by the company for employee self-actualization. The aims of this CEP is to increase the self-awareness and personal mastery in their executives and senior executives. This CEP has reached out to Thailand and brings…

In McClay and McAllister’s “Why Place Matters,” they argue that space is not important to society or individuals due to globalization. Globalization has happened because of the technological advances of communication and transportation, which make it easy to move people, products, and ideas. The authors claim that place is an important aspect to us as individuals because if not important we risk forfeiting the reality of embodiment, the basis for healthy and resilient individual identity, and…

Fahrenheit 451? More like Fahrenheit FUN! In a dystopian future and in the modern world, knowledge is key. The story of Ray Bradbury’s Fahrenheit 451 takes place in a dystopian future in which book burnings are common and anyone who is found with books are burned along with them. The people that burn the books are the Firemen, and in the novel there are two main firemen: Guy Montag and Captain Beatty. Once on a walk, Guy Montag encounters a 17 year old girl, Clarisse McClellan, who is not like…