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MPU3242 - INNOVATION MANAGEMENT

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In

reality, every innovation needs to start with brainstorming of ideas.

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Henry

Ford’s development of the moving assembly line at his manufacturing plant

happened because of process needs.

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A

process consists of an idea that comes from some recognized need that is

developed into a concept, and ends with commercialization of the innovative

product.

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Many

organizations prefer to treat their invention as organization-confidential 

because they do not want to share the information regarding the

invention with the 

public. 

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Explain

why Systems Innovation is considered as a more major/massive type of

innovation?

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Explain

why there is a need to do an Architectural Innovation?

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An

improvement of Pentium 3 chip to Pentium 4 chip is a(an) ___________ type of 

innovation.

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Demographic

information needs to be interpreted when the innovator wants to 

convert ideas into concepts.

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Process

Innovation can have a big influence on society because ________

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Improving

the process of making a product using an autonomous robot 

can be

resulted from a recognized need.

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