Chapter 2 Types of Innovation LEARNING OBJECTIVES When you have completed this chapter you will be able to: • Distinguish the different forms that innovation can take‚ such as product‚ process and service innovation • Differentiate and distinguish between the different types of innovation‚ such as radical and incremental innovation • • Describe each type of innovation Analyse different types of innovation in terms of their impact on human behaviour‚ business activity and society
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Annotated Bibliography on Innovation A.G.Lafley & R. Charan.The Game Changer: How Every Leader Can Drive Everyday Innovation. London: Profile Books. This book explains the importance of continuous innovation and cautioning how a unique product can turn into commodity if not continuously innovated. The noticeable strong meaning of innovation as foundation for controlling destiny is quoted. The importance of innovating based on customer feedback rather than technology driven as implemented by Procter
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Did the innovation change “the rules of the game”? Was there another parallel innovation/development that “enabled” this innovation to take root? Did it lead to the displacement of some competitors‚ with their positions being assumed by newer players in the industry? How have customers responded to the innovation? Trace the genesis of the innovation. What lead to it? Was necessity the mother of the innovation or was it serendipity? How has the innovation affected the market
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Modernization and Dependency theory Nowadays the rapid development of the word and the growing integration of countries can hardly fail to affect the development of new theories which attempt to explain the relationship between countries and the existing inequality between developed countries and countries of the third world. In this respect‚ it is possible to refer to Modernization theory and Dependency theory which‚ being quite different‚ still have certain similarities
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Social Change and Modernization SOC 120 08/09/10 Social change is the transformation of culture and social institutions over time and is the result of invention‚ discovery‚ social conflict‚ and cultural diffusions. Society is constantly changing to conform to our way of living and will continue to change as new technology is introduced to our world. Some countries change faster than others but the entire world is subject to social changes. Along with the changes come social movements that either
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While there are merits to both modernization and dependency theory‚ which one in your opinion aptly explains Pakistan’s current socio economic woes? A country plagued by a myriad of critical issues‚ Pakistan’s deepening woes have dented its image in the social and economic strata. While theorists have provided several ideologies concerning its current dilemma‚ this paper discusses Pakistan’s predicament in the light of the principles of the development theory: modernization and dependency theories. Both
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Unit 7 Throughout history‚ America has made advancements that has led it to the modern society it is today. Many factors played a role in the modernization of America. Politics have greatly changed throughout history. The drastic change of starting as a monarchy to becoming a democracy shaped the government of modern America. The period of history between the civil war and the reconstruction helped America to modernize. Westward expansion‚ freedom for African Americans‚ and women’s roles in the
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Martin Luther King Jr‚ who was an advocate for promoting advancement and civil rights for blacks. Modernization by definition is making modern in appearance or behavior. The are many key features of modernization. Some key features would be the changes that have come with diversity. As times have changed so has the acceptance of all different groups of people. Another huge key feature of modernization would be the making of your own personal decisions. Most people and groups are able to make their
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Traditions -necessary -we were all born into different social groups thus we find traditions necessary to bond us all as different people -Social‚ religious‚ political‚ racial -emerge from culture Traditions still serve a purpose Traditions inculcate morals but how many people follow it? Traditions teach history‚ culture‚ belief but how many people care? Traditions bring people together e.g. Chinese New Year provides opportunity
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Technovarion‚ 14( 1) (1994) 7-16 A conceptual technological management Mushin Lee and Kiyong Om framework innovation of Korea Advanced Institute of Science and Technology (KAIST)‚ Department Management and Policy‚ 373-l Kusong-dong‚ Yusong-gu‚ Taejon 305-701‚ Korea of South Abstract J. T. Chiang argues that studies in technological innovation management are not mature enough in terms of (I) the conceptual categories‚ (2) the interrelationships and (3) the taxonomy of relevant
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