Session1 Flashcards
What is Technology and Innovation Management?
It is the field focused on the analysis of how a socio-technical system of interconnected elements changes over time, and how these changes can be leveraged to generate sustainable value.
What was the Dartmouth Conference?
The Dartmouth Conference (1956) established Artificial Intelligence (AI) as a field and set a research agenda for Natural Language Processing (NLP).
Who developed the first chatbot and when?
Eliza, the first successful chatbot, was developed at MIT in 1964.
What was the significance of Google’s 2017 paper?
Google’s 2017 paper ‘Attention is All You Need’ introduced the Transformer architecture, revolutionising Natural Language Processing (NLP) models.
What is the significance of OpenAI’s GPT model?
GPT (Generative Pre-trained Transformer), first introduced by OpenAI in 2018, was the first pre-trained Transformer model with general-purpose applicability, transforming NLP research.
Key focus areas of Technology Systems and Strategy (TESS) research?
- Platforms mediating between producers and customers
- Ecosystems replacing standalone products
- Integrating new technologies into existing industries.
Key focus areas of Cognition, Learning, and Adaptive Behaviour (COLAB) research?
COLAB research studies:
- Decision-making processes (data-driven vs. intuition)
- Training cognitive control for balancing exploration and exploitation
- Problem-solving at individual and group levels.
What is the difference between products and platforms?
- Products are standalone offerings
- Platforms facilitate interaction between producers and consumers, creating ecosystems.
What is the role of exploration and exploitation in innovation?
Successful innovation requires balancing exploration (seeking new opportunities) and exploitation (optimising existing capabilities).
How can firms integrate new technologies?
Firms must adapt existing routines, resources, and capabilities to successfully integrate new, disruptive technologies.
