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

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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

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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

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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

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