Which of these is a potential source of innovation?
Copying someone else's idea and developing it further
The outcome of a programme of laboratory experiments
Listening to 'voice of the customer' to identify needs
All of the above
Innovation always requires a formal R&D department - true or false?
'Extreme users' cannot be a source of innovation ideas because their needs and concerns lie outside the mainstream - true or false?
Government regulation always stifles innovation - true or false?
'Open innovation' is:
a new version of a golf championship
an approach which emphasises knowledge flows in and out of organizations
a new design for car doors
a new kind of lottery
New product innovation always involves 'new to the world' products - true or false?
'Blue ocean' refers to:
novel techniques in oceanography
a brand innovation for the fishing industry
a strategic approach to search for innovation opportunities
a new rum-based cocktail
Necessity is always the 'mother of invention' - innovations always arise in response to need - true or false?
Which of these 'Ps' does not offer opportunities for innovation?
Users are always passive consumers of innovations created by others - true or false?
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