Sources of innovation and the innovaton process - Corporations and Users

6 important questions on Sources of innovation and the innovaton process - Corporations and Users

What is Schumpeter mark 2?

Now highly technological - so Corporate Labs

What is the basic principle of Schumpeter mark 2

Corporations do research and development with the aim of new discoveries that lead to new products 

What is part of an age of mass production?

The era of large vertically integrated businesses 

  • Higher grades + faster learning
  • Never study anything twice
  • 100% sure, 100% understanding
Discover Study Smart

What signs the still wide use of vertically integrated businesses? 

The switch to 'Open Innovation'

USERS First identified by Von Hippel in US in 1970s  background-color??

- Scientific instruments developed by scientists

- Found high proportion invented & developed by scientist users who and then got a manufacturer to
  produce it

- Particularly noted role of 'Lead users'

 

Users; Shaw in UK in 1980's

Medical/surgical instruments developed by surgeons/consultants, funded by research councils, tested/validated by hospitals, then built by manufacturer

 

The question on the page originate from the summary of the following study material:

  • A unique study and practice tool
  • Never study anything twice again
  • Get the grades you hope for
  • 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
Trustpilot Logo