Outline the four categories of innovation and provide examples to illustrate its applicability in a real-world context.
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Outline the four categories of innovation and provide examples to illustrate its applicability in a real-world
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- Is IKEA a disruptive innovation? If so why? If not why not? please elaborate.Explain the difference between the two types of innovation relating to scope: ‘component’ and ‘system’ innovation.Explain the Disruptive Innovation Model by Christensen (1997, 2015). Support your explanation with an example from an industry of your own choice.
- Discuss the term 'serendipitiy' in the context of technology innovation HERE.Discuss the following and give example each: 1. Strategic Innovation 2. Design ThinkingThe ‘diffusion of innovation’ theory introduced by “Everett Rogers” described the process by which an individual adopts a new idea. Based on the news about launching Tesla’s new smart phone, assess the market potential for the introduction of this type of revolutionary smart phones and global effects of Tesla’s innovation on the smart phone business.