User innovation

1. What do you think the expression ‘brain drain’ implies? Answer: Brain Drain according to me is the immigration of talented and inspired individuals in the form of doctors, engineers, scientists, architects, educators and other technically qualified and well-educated people from an undeveloped and underdeveloped country to more developed country or a state. It’s a situation in which well-trained professionals leave their place of work or profession in search of a better pay and living…

Innovation : The method used by an entrepreneur, or organization to create a new good or service on accordance to market demands by using their resources and knowledge and skills. Innovation and its process is confused with the continuous improvement in an organization. but for an innovation to take place , it should impact on the organization's pricing structure, its sales and profit , capture new market segmentation, market shares, goodwill and its brand popularity, etc. Usually continues…

As an entrepreneur, it is very exciting to move further on my idea Berry Healthy Choice on Wheels. The next step is to make sure that all the information that is on hand during this process is accurate and reliable in order to allow for improved judgment to see if this idea is even likely to take off and if the opportunity here presented is reasonable. To find and gather this information it takes research. It’s finding out what is really going on in that industry, in this case, the food truck…

Assignment Cover page IS1105 BUSINESS INFORMATION SYSTEMS ASSIGNMENT 2 “Companies today are using technology to change their industry and achieve competitive advantage” Discuss this statement using the following guidelines; I. Choose an industry II. Research one or two companies that are using technology to change that industry and achieve a competitive advantage. III. Analyse how they are using the technology and what impact they have had on their industry. Student Name: Emma Casey Student…

Political —— standardization and developing countries oriented Although the core values of Cemex are “sustainability, excellence and innovation” (官网上说的，不是我说的), the successful implementation of standardization ensures the smooth expansion of Cemex in the International market. Indeed, standardization is a strong foundation which will preserve the Cemex lose itself in the process of expansion…

Innovation Diffusion Theory (IDT) Innovation is the process of creating a new technology, device or procedure (Rogers, 2003). Diffusion is the process of spreading ideas, concepts, skills and knowledge through society. The innovation diffusion theory (IDT) describes how innovations or technology become accepted and spread through societies large or small (Rogers, 2003). In IDT the process of choosing to use a technology is known as the innovation-decision process. Through this process a person…

automatons will one day replace most, if not all manual trades, leaving a majority of people without convenient methods to make a living. Of course, there are some who have made the counterarguments claiming that with the implementation of these innovations that new occupations will rise up and with the convenience of the internet it’s easier now than ever to connect and network with others. In reality, however not everyone can easily make the transition, these new jobs usually require an…

take into consideration the opinions of the surgeons so that the new product can be better and more useful. For the long-term, starting a joint venture to develop the resorbable product. As found in the case, “smaller private companies do have innovation advantages—such as more focused management and a better talent pool attracted to the potential reward” which would allow the joint venture to attract some of the best scientists along with the highly regarded scientist and facilities Crescordia…

Over the centuries science has progressed rapidly. Since the beginning of time, humans have used science in everything. Today science plays a major factor in our lives. We are able to cure more illnesses than we could have centuries ago. Humans now can go to the moon or have organ transplants. A major revolution of science for instance would be the variety of medicines that we have now that help with many illnesses that people could not have cured ages ago. Science plays a huge part in life as…

Product development is the procedure of planning, designing, making and show casing new products or services to customers. It can be defined as the creation of products with new or diverse attributes that offer new or extra advantages to the client. It may include modification of an existing object or the creation of a totally new product in order to satisfy a new customer by fulfilling their wants and desires. A product can be defined as something produced by a person or it…