M4 L1-3 (Midterm) Flashcards
1
Q
is thinking and developing/producing of ideas, practices, services, process, and products that are novel and have potential benefits to the organization.
A
Creativity
2
Q
is the conversion of knowledge into a new product, process, or service and the putting of this new product, process, ot service into actual use.
A
Innovation
3
Q
ith its ability to tap the passion and ingenuity of tinkerers, offers enormous potential for creative output, and new industries with proprietary or secret technology can arise from it.
A
Open source innovation
4
Q
is the creation of something that has never been made before and is recognized as the product of some unique insight.
A
Invention