Design and Technology Topic 5 Test 2

What is the definition of Invention?

• The process of discovering a principle which allows a technical advance in a particular field that results in a novel/new product.

• The act of promoting an already existing product in the market.

• The act of creating a new design without any technical advancements.

• The process of copying an existing product and selling it under a different name.

What are the drivers for Invention/Motivation for Invention?

• Personal motivation to express creativity, scientific or technical curiosity, constructive discontent, desire to make money, desire to help others.

• Lack of interest, laziness, fear of failure, lack of resources, lack of knowledge.

• Peer pressure, societal expectations, financial gain, fame, competition.

• Boredom, lack of purpose, lack of skills, lack of opportunities, lack of support.

What is the advantage of Intellectual Property (IP)?

• Increasing production costs, limiting distribution channels, decreasing customer satisfaction, hindering growth potential.

• Causing legal disputes, decreasing market value, limiting innovation, reducing customer trust.

• Creating confusion among competitors, limiting revenue streams, offering outdated products, hindering marketing/branding efforts.

• Differentiating a business from competitors, allowing sale or licensing, providing an important revenue stream, offering customers something new and different, establishing a valuable asset that can be used as security for loans.

What does Patent Pending indicate?

• An indication that a patent has expired.

• An indication that a patent has been granted without any application.

• An indication that a patent is invalid.

• An indication that an application for a patent has been applied for but has not yet been processed.

What is the purpose of Shelved technologies?

• To showcase successful inventions.

• To promote upcoming inventions.

• To discourage innovation.

• Reasons why some patented inventions are shelved.

What is the definition of Innovation?

• The business of putting an invention in the marketplace and making it a success.

• The act of copying an existing product and selling it under a different name.

• The act of promoting an already existing product in the market.

• The act of creating a new design without any technical advancements.

What are the reasons why inventions become innovations?

• Marketability, financial support, marketing, the need for the invention, price, resistance to change, aversion to risk.

• High market demand, strong financial backing, effective marketing, innovative ideas, competitive pricing, adaptability to change, risk-taking.

• Lack of market demand, lack of resources, lack of creativity, lack of motivation, lack of competition, lack of innovation.

• Overabundance of products, lack of consumer interest, lack of technology, lack of marketing, lack of investment, lack of research.

What is the concept of Sustaining Innovation?

• Innovative ideas that are constantly updated in order to maintain their success.

• Innovative ideas that are abandoned after initial success.

• Innovative ideas that are copied from competitors.

• Innovative ideas that are not sustainable in the market.

What is the purpose of Disruptive Innovation?

• A product or type of technology that maintains the status quo.

• A product or type of technology that challenges existing companies to ignore or embrace technical change.

• A product or type of technology that is outdated.

• A product or type of technology that is not accepted in the market.

What is Process Innovation?

• An improvement in marketing strategies.

• An improvement in the design of a product.

• An improvement in the organization and/or method of manufacture that often leads to reduced costs or benefits to consumers.

• An improvement in customer service.