CM1 Flashcards
Polysemy
A word With different interpretations That needs To be contextualized In a field of action To understand its real meaning
Discovery
Something That came To be discovered (but which existed ignored In nature, the sciences or the arts)
Invention
An idea, an out Line or a model of a device, product or improved system
The Skill and the imagination To create new things
Innovation
A new or improved product or process That differs significantly from the unit’s previous products or processes and That has Been Made available To potential users or brought into the use by the unit
Successful exploitation of new ideas
Diffusion of Innovation
Theory That seeks To explain How, why and at what rate new ideas and technology spread
Diffusion of Innovation
-Innovator
-Early Adopters
-Early Majority
-Late Majority
-Laggards
Technology
Must be understood as a quantum of knowledge retained by people and organizations
But it is acquiers by people and organizations Through The solution of problems remaining there In a substantiality uncoded state
Sources of Innovation
Most successful innovations result From a conscious and purposeful search for innovation opportunities, which are found only In some situations
Product Innovation
It is a new or improved good or service That differs significantly from the firm’s previous goods or services and That has Been introduced on The market
It includes significant improvements In technical specifications…
Process Innovation
New or improved business process for One or more business fonctions That differs significantly from the firm’s previous business processes and That has Been brought into use In the firm
Significant changes In techniques, equipmenf or software
Marketing Innovation
It is The implementation of a new marketing method involving significant changes In product design or packaging, product placement, product promotion or pricing
Organizational Innovation
The implementation of a new organizational methods in the firm’s business practices, workplace organisation or external relations
Business model Innovation
Art of enhancing advantage and value creation
Service Innovation
New and considerably change In The service concept, client interaction Channel leads To One or more renewed services
Radical Innovations
Radical Innovation is rare as it has similar characteristics To disruptive innovation but is different In a way That it simultaneously uses revolutionary tech and a new business model
