Chapter 1 Flashcards
creativity
the production of novel and useful ideas
organizational innovation
the successful implementation of creative ideas
in organizations
organizational change
a difference
in the form, quality, or condition of an
organization over time
technology cycle
Technology cycle a cycle that begins
with the birth of a new technology and
ends when that technology reaches
its limits and is replaced by a newer,
substantially better technology
S-curve pattern of innovation
a pattern of technological innovation characterized
by slow initial progress, then rapid progress, and then slow progress again as a technology matures and reaches its limits
Technologial discontinuiy
a scientific
advance or a unique combination of
existing technologies creates a significant
breakthrough in performance or function
Technological substitution
the
purchase of new technologies to replace
older ones
Design competition
Design competition competition
between old and new technologies to
establisha new technological standard or
dominant design
Dominant design
a new technological
design or process that becomes the
accepted market standard
Incremental change
the phase of a
technology cycle in which companies
innovate by lowering costs and improving
the functioning and performance of the
dominant technological design
Innovation streams
patterns of innovation over time that can create
sustainable competitive advantage
Discontinuous change
the phase
of a technology cycle characterized by
technological substitution and design
competition
Technological lockdown
When a new dominate design prevents a company from competitively selling its product sor makes it difficult to do so
