Creativity and Innovation

............................ involves working on new products and service ideas together with the customers

• Value creation

• collaborative innovation

• co-creation

• innovation readiness

.............. incorporates external knowledge into a firm's innovation

• closed innovation

• open innovation

• customer interaction

• social innovation

Which skill is not an important one for collaborating productively?

• Standing out in the crowd

• Seeing what’s important

• Motivating and bringing others together

• Testing and troubleshooting

What is the term for working on new products and service ideas together with the customers?

• Value creation

• collaborative innovation

• co-creation

• innovation readiness

What type of innovation incorporates external knowledge into a firm's innovation?

• closed innovation

• open innovation

• customer interaction

• social innovation

What is the process of involving customers in the creation of new products and services?

• Value creation

• collaborative innovation

• co-creation

• innovation readiness

Which is not a type of risk involved in innovation?

• Need risk

• Commercialization risk

• Drowning Risk

• Technical Risk

............................ is something that people do to get around a system

• Hack

• Surprise

• Inconsistencies

• Passion

........................... involves creating something completely new that can replace the way things are done now

• Radical Innovation

• Incremental Innovation

• Disruptive Innovation

• Architectural Innovation

Incorporating improvements in camera functionality in smartphones is an example of

• incremental innovation

• radical innovation

• architectural innovation

• disruptive innovation