Week 6: Innovation Flashcards

1
Q

Importance innovation

A

Demand from society, sustainability, societal impacts, raising productivity, competition (monopoly profits), digitalization

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2
Q

Rise in productivity

A
Improved working conditions
Emancipation / equality
Higher life expectancy
Education
Innovations/investments
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3
Q

Types of innovations

A

Technological: products/processes
Social: management skills / organization principles
Fundamental/breakthrough
Incremental
Disruptive: start at bottom of market (simple applications), less expensive and more accessible, moving upmarket and replacing competitors

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4
Q

Roaring 20s: new peak / increased productivity

A
  1. New fundamental innovations
  2. Booming investment in technology
  3. Rapid adaption new technology
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5
Q

Stakeholders innovation

A

Government (funding/budgets)
Non-government (also scale-ups, start-ups)
Innovation ecosystem (supply/value chain)

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6
Q

Innovation ecosystem (see figure)

A

Knowledge ecosystem (architect/inventions)
–> lack of value creation
Entrepreneurship (materializers/firms)
–> lack of knowledge creation
Business ecosystem (users / buying innovations)
–> lack of niche creation

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7
Q

Container bookings: current ecosystem (see figure): what do the colors mean?

A

Green: alignment of interests/goals, incentive plan, mutual benefit, plan/responsibilities/timeline defines, agreement signed
Yellow: partial alignment, incentive not pleasing both, plan/responsibilities/timeline unclear
Red: lack of alignment, incentives, plan and agreement

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8
Q

Sixth wave containerization

A

Geopolitical (BRI China, Northern Route, near-sourcing, disruption)

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9
Q

Innovations relating to container

A

Fundamental: ISO container
Incremental: Twistlock
Process: synchromodal transport (demand just transport, mobility as service, use all capacity)
Process/Incremental: deep-sea/inland terminals, automation, larger ships, IT systems

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10
Q

Advantages containerization

A
Increased labour productivity
Growth international trade
Simplified (un)loading (standardisation/simplicity)
Easier transfer to other transport modes
Decreased costs
Solution to congestion
Global division of work
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11
Q

Disadvantages containerization

A

CO2 and other emissions
Empty containers
Cultural drawback

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12
Q

Foldable container: positive/negative

A
Positive: smaller when empty, less space in transport so reduction emissions and costs, lower storage costs
Negative:
Changing infrastructure
Folding costly (3 people needed)
Container heavier
Empty containers filled with e.g. waste
Spare capacity on trucks/barges
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