The authors of our text, Corporate Innovation: Disruptive Thinking in Organizations, Chapter 4, discuss Closed Innovation and Open Innovation.
[5pts] 1. The authors describe the closed innovation as internally focused. What is the purpose of closed approach to innovation? Discuss, explain.
IMPORTANT: Your answer should be at least two succinct, logical paragraphs.
[5pts] 2. According to the authors the open innovation model encourages firms to exploit creative ideas through three different modes. Identify, describe, and explain each of these modes.
IMPORTANT: Your answer should be at least two succinct, logical paragraphs.
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[15pts] 3. Background: Design thinking is described by Thomas Lockwood in Design Thinking: Integrating Innovation, Customer Experience, and Brand Value (2010. Alworth Press) as “a tool to imagine future states,” a problem-solving methodology for innovation and enablement.
In our text, Corporate Innovation: Disruptive Thinking in Organizations, Chapter 5, topic heading “Iteration: The Secret Sauce,” pp 134-142, describes the key practice that brings forth a great design as the practice of iteration.
Discuss/describe the Three-Step Iteration process and how the process may apply to YOUR team’s innovation concept generation process that may include brainstorming, imagining future states, etc. to generate an optimized innovation concept.
IMPORTANT: This quiz is about YOUR assimilation and YOUR understanding of the Three-Step Iteration process and YOUR discussion and description of its implementation.
Your answer should be minimum 2-3 paragraphs. A paragraph should consist of at least 3-4 sentences minimum.
Chapter 4: Organizational Innovation
E book: https://ereader.perlego.com/1/book/1597911/4
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