INN MAN

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Who introduced the Creative Destruction theory?

• Solow

• Kondratiev

• Drucker

• Schumpeter

What are the key features of Schumpeterian theory?

• The industrial economies followed a cycle of change in prices and production

• The constant search to create something new simultaneously destroys the old rules and establishes new on

• The theory of growth is inseparable from the theory of business cycles

• The economic growth come about from saving and investment or from improvements in productive efficiency

Define the type of innovation based on technology and market dimensions: Wikipedia

• Incremental (Existing market and technology)

• Radical (New technology, New market)

• Discuptive (New technology, Existing market)

• Architectural (Existing technology, New Market)

Define the type of innovation based on technology and market dimensions: Canon desktop photocopier

• Incremental (Existing market and technology)

• Radical (New technology, New market)

• Discuptive (New technology, Existing market)

• Architectural (Existing technology, New market)

Mapped on to the 4Ps Model: The first speech recognition program

• Process Inremental

• Process Radical

• Product Incremental

• Product Radical

Mapped on to the 4Ps Model: Toyota Production System and other ‘lean’ approaches

• Product Radical

• Process Incremental

• Process Radical

• Product Incremental

Mapped on to the 4Ps Model: Grameen Bank and other microfinance models – rethinking the assumptions about credit and the poor

• Position Radical

• Process Incremental

• Paradigm Incremental

• Paradigm Radical

Define the model of innovation based on its description: Emphasis on integrationg R&D and marketing

• Coupling model

• Technology push

• Network model

• Demand pull

Define the model of innovation based on its description: Basic science is not very relevant for innovation

• Demand pull

• Technology push

• Network model

• Integrated model