Topic 5.2 and 5.3: innovation Flashcards
innovation
practical application of an invention
sustaining innovation
anew or improved product that meets the needs of consumers and sustains manufacturers
disruptive innovation
a product that challenged existing companies to either ignore or embrace the change
process innovation
improvement in how a product in manufactured and distributed, leading to reduce costs or increased benefits for consumers
architectural and modular innovation
archi: focuses on how parts of a design are arranged and interact with each other
modular: changing a single part fo the design
diffusion
the rate at which a new product is accepted in the market
suppression
active slowing/prevention of a new product entering the market
act of insight
idea that suddenly comes to a person
adaptation
a solution in one field is used to provide anew idea for a design problem in another
tech transfer
tech advances that for the basis of new designs may be used to develop different types of products/systems
analogy
an idea from one context is used to stimulate ideas for solving a problem in a different context
chance
unexpected discoveries lead to new ideas
tech push
scientificresearch lead to advances in technology that underpin new ideas
market pull
consumer demand for an innovative solution