Technology and Innovation Management SS19 at TU München

Flashcards and summaries for Technology and Innovation Management SS19 at the TU München

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Study with flashcards and summaries for the course Technology and Innovation Management SS19 at the TU München

Exemplary flashcards for Technology and Innovation Management SS19 at the TU München on StudySmarter:

Innovation strategy is composed of four elements. They are...

Exemplary flashcards for Technology and Innovation Management SS19 at the TU München on StudySmarter:

Resources for innovation

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Four innovation capabilities are:
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Exemplary flashcards for Technology and Innovation Management SS19 at the TU München on StudySmarter:

learning, improving the performance of innovation process through experimentation and experience is....

Exemplary flashcards for Technology and Innovation Management SS19 at the TU München on StudySmarter:

what are the percieved attributes of innovation?

Exemplary flashcards for Technology and Innovation Management SS19 at the TU München on StudySmarter:

Innovation is the use of new knowledge to offer a new product or service that 

customers want.

What forms of knowledge exist?

Exemplary flashcards for Technology and Innovation Management SS19 at the TU München on StudySmarter:

What is the organizational view and what is radical and what is incremental innovation in this certain view? 
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Exemplary flashcards for Technology and Innovation Management SS19 at the TU München on StudySmarter:

State the four stages of the S-curve

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State the phases of the product life cycle?

Exemplary flashcards for Technology and Innovation Management SS19 at the TU München on StudySmarter:

what are the states of innovation in the product life cycle

Exemplary flashcards for Technology and Innovation Management SS19 at the TU München on StudySmarter:

what are the states of products in the product life cycle?
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what are the scales of plant in the product life cycle

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Exemplary flashcards for Technology and Innovation Management SS19 at the TU München on StudySmarter:

Technology and Innovation Management SS19

Innovation strategy is composed of four elements. They are...
Innovation strategy, innovative capabilities, innovation process, resources for innovation

Technology and Innovation Management SS19

Resources for innovation
financial resources, human resources, technological resources(both physical and intellectual), marketing resources, organizational resources (routines, procedures), networking resources

Technology and Innovation Management SS19

Four innovation capabilities are:
searching, selecting, configuring, deploying

Technology and Innovation Management SS19

learning, improving the performance of innovation process through experimentation and experience is....
meta level innovation capability

Technology and Innovation Management SS19

what are the percieved attributes of innovation?
1. RElative advantage 2. Compatiblity 3. COmplexity 4. Triablity 5. Observability

Technology and Innovation Management SS19

Innovation is the use of new knowledge to offer a new product or service that 

customers want.

What forms of knowledge exist?

1) Technological knowledge

-> is knowledge of components, linkages between components, methods, processes, and techniques that go into a product or service 


2) Market knowledge

-> is knowledge of distribution channels, product applications, and customer expectations, preferences, needs, and wants


-> not only products/services but also new knowledge can be innovative

Technology and Innovation Management SS19

What is the organizational view and what is radical and what is incremental innovation in this certain view? 
-> the extent to which innovation impacts a firm´s capabilities

1) Incremental innovation:
-> the knowledge required to to offer a product builds on existing knowledge
-> competence enhancing
-> Most innovations are incremental

2) Radical innovation:
-> very different form existing knowledge
-> existing knowledge is obsolete
-> competence destroying 

Technology and Innovation Management SS19

State the four stages of the S-curve
  1. Emergence
  2. Rapid imrovement
  3. Declining improvement
  4. Maturity

Technology and Innovation Management SS19

State the phases of the product life cycle?
  1. Fluid
  2. Transitional
  3. Specific

Technology and Innovation Management SS19

what are the states of innovation in the product life cycle
  • Fluid: Frequent major product changes
  • Transitional: Major process changes required by rising demand
  • Specific: Incremental for product and cumulative and improvements

Technology and Innovation Management SS19

what are the states of products in the product life cycle?
  • Fluid: Diverser design often customised
  • Transitional: one product design stable enough for volume
  • Specific: Mostly undiffrentiated standard products

Technology and Innovation Management SS19

what are the scales of plant in the product life cycle
  1. Small scale, located near user
  2. General purpose with specialised sections
  3. large scale, highly specific to product

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