Innovation, Intrapreneurship, and Creativity

16 important questions on Innovation, Intrapreneurship, and Creativity

How do you call a fundamental shift in technology that revolutionizes products or the way they are produced?

Quantum technological change

How do you call new products or operating systems that incorporate quantum technological improvements?

Quantum innovations

How do you call technological change that represents a refinement of some base technology?

Incremental technological change
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How do you call products or operating systems that incorporate refinements of some base technology?

Incremental innovations

How do you call entrepreneurs inside an organization who are responsible for the succes or failure of a project?

Intrapreneurs

How do you call ideas going beyond the current boundaries, whether those boundaries are based on technology, knowledge, social norms, or beliefs?

Creativity

How do you call an organization where innovation is going on at all levels  and in all areas?

Knowledge-creating organization

How do you call the changes in demand for a product that occur over time?

Product life cycle

What are the two factors that determine the product life cycle of an innovation?

  • Rate of technological change
  • Role of fads and fashion

How do you call the process of leading and controlling a project so it results in the creation of effective new or improved products?

Project management

What are the seven ways of managing innovation processes?

  • Project management
  • Stage-gate development funnel
  • Using cross-functional teams and a product team structure
  • Team leadership
  • Skunk works and new venture divisions
  • Joint ventures
  • Creating a culture for innovation

How do you call a subunit whose goal centers on developing the products or service on time, within budget, and in conformance with predetermined performance specifications?

Project

What are the three factors that determine a culture for innovation?

  • Organizational structure
  • People
  • Property rights

How do you call the cost and time savings that occur when IT allows individual employees to perform their current tasks at a higher level, assume additional tasks, and expand their roles in the organization due to advances in the ability to gather and analyse data?

Information efficiencies

How do you call the knowledge building created when two or more individuals or subunits pool their resources and cooperate and collaborate across role or subunit boundaries?

Information synergies

How do you call the interactions of people and groups across the organizational boundary to obtain valuable information and knowledge from the environment to help promote innovation?

Boundary-spanning activity

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