MDI

Question 1

Characteristics of Digital Technology

Answer 1

Homogenization & Decoupling, Connectivity, Smart & Reprogrammable, Digital traces, Modularity

Question 2

Launch platform keep in mind

Answer 2

Attract large customer base, Stand-alone value, Credibility, How to monetize, Connect legacy systems

Question 3

Advantages modular platforms

Answer 3

Shared components > Econ of scale, Reduced system complexity, Ability to upgrade components, Customization

Question 4

Disadvantage modular platforms

Answer 4

Lower distinctiveness, Suboptimization

Question 5

External actors connecting to platforms

Answer 5

Adding, Bridging, Embedding

Question 6

Features of disruptive innovation process

Answer 6

Overshooting, Novel mix of attributes, Unattractive customers, Asymmetric motivations, Tech as enabler

Question 7

Technological adoption S-curve

Answer 7

Innovator (2,5%), Early adoptors (10%), Early majority (50%), Late majority (90%), Laggards (100%)

Question 8

Technological lifecycle

Answer 8

Technology discontinuity, Era of ferment, Dominant design emerges, Era of incremental change

Question 9

Sources uncertainty

Answer 9

Technological, Market, Organisational, Resource

Question 10

Approaches for dealing with uncertainty

Answer 10

Prediction, Adaption, Visionary, Transformative

Question 11

Templating

Answer 11

Concepting, Porting, Generalizing

Question 12

Openness (/using data)

Answer 12

Sourcing, Acquiring, Selling, Revealing

Question 13

Diffusion process

Answer 13

Innovation, Communication Channels, Time, Social System

Question 14

Adoption Process

Answer 14

Knowledge, Persuation, Decision, Implementation, Confirmation

Question 15

Innovation characteristics

Answer 15

Relative advantage, Complexity, Trialability, Observability, Compatibility, Perceived risk

Question 16

Mechanisms for scaling

Answer 16

Data-Driven Operations, Instant Release, Swift Transition

Question 17

Stage gate

Answer 17

Scoping, Build business case, Development, Test & Validation, Launch

Question 18

Added service layer

Answer 18

Product life-cycle services, Asset efficiency services, Process support services, Process delegation services

Question 19

Design thinking: Double diamond

Answer 19

Discover, Define, Develop, Deliver

Question 20

Incumbent responses

Answer 20

Defensive (Racing), Offensive (Transition),

Question 20

Incumbent responses

Answer 20

Defensive (Racing), Offensive (Transition), Bold retreat (Def + Off)

Question 21

Adoption at Individual level

Answer 21

Value is subjective, Point of reference, Improvements are gains, shortcomings are losses, Losses have far bigger impact than gains

Question 22

Data Density Processes (Servitization)

Answer 22

Pattern spotting, Real-time decisioning, Synergistic exploration

Question 23

Generative mechanisms of digital infrastructure innovation

Answer 23

Innovation, Adoption, Scaling

Question 24

Characteristics of digital innovation that enable fast improvement trajectory

Answer 24

Low marginal costs, Moore’s law, Network effects, Distributed development, Crowd-based improvement, Machine learning