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With the current innovation environment becoming increasingly competitive and costly, many corporate innovation managers are thinking about how AI can be applied to their companies' innovations. AI can provide a lot of auxiliary help, information management can be handled quickly, using AI to support the innovation process can reduce risk and ...
Radical innovation: "establishes a new dominant design and, hence, a new set of core design concepts embodied in components that are linked together in a new architecture." (p. 11) [28] Incremental innovation: "refines and extends an established design. Improvement occurs in individual components, but the underlying core design concepts, and ...
Exploratory and value-added innovation require different leadership styles and behaviors to succeed. [14] Value-added innovation (PwC, 2010) involves refining and revising an existing product or service and typically requires minimal risk taking (compared to exploratory innovation, which often involves taking a large risk); in this case, it is most appropriate for a leader for innovation to ...
Knowledge worker productivity demands that we ask the question: "What is the task?" It demands that we impose the responsibility for their productivity on the individual knowledge workers themselves. Knowledge workers have to manage themselves. Continuing innovation has to be part of the work, the task and the responsibility of knowledge workers.
A cross-functional innovation management committee is a team of individuals from different company departments, including marketing, engineering, design, manufacturing, and research and development, who are responsible for overseeing and managing the new product development process. This committee helps to ensure that all aspects of new product ...
Superfluid gyroscopes exist but work at very low temperatures High-precision measure of gravity, navigation and maneuver devices, possible devices to emit gravitomagnetic field, frictionless mechanical devices Metamaterials: Hypothetical, experiments, diffusion [81] Microscopes, cameras, metamaterial cloaking, cloaking devices: Metal foam
An example is an innovation project which involves only staff from the engineering department. It is also possible for communities of innovation to be cross-functional (e.g. involving 2-3 functions). An example is an innovation project which involves staff from two functions, the business department and the environmental science department.
The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail, first published in 1997, is the best-known work of the Harvard professor and businessman Clayton Christensen. It expands on the concept of disruptive technologies , a term he coined in a 1995 article "Disruptive Technologies: Catching the Wave". [ 1 ]