Exam 3: Types and Patterns of Innovation

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According to Anderson and Tushman,in the era of incremental change,most competition revolves around improving components rather than altering the architecture.

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Which of the following is considered a radical innovation?

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The last 16 percent of the individuals in a social system to adopt an innovation are termed as late majority.

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Firms cannot influence the shape of the s-curve through their development activities.

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A bicycle manufacturing company adopted a new type of inventory management system.This inventory system improved the productivity of its manufacturing unit and the quality of the bicycles.This is an example of _____ innovation.

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S-curves in technology diffusion are obtained by plotting the:

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Briefly define Roger's five adopter categories and explain how a marketer might use this knowledge.

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Donald is always ready to buy recently-launched gadgets and gizmos.Since he has sufficient financial resources to invest in these products,he is unconcerned about the risks and uncertainties involved in buying new products.Based on this description,Donald belongs to the group of:

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The path a technology follows through time is termed its technology transfer.

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Which of the following is true of component and architectural innovation?

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Digital cameras replaced film cameras.This is an example of _____.

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In the context of s-curves in technological improvement,performance improvement in the early stages of a technology is rapid.

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Briefly explain the different types of innovation.

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Which of the following statements is true regarding different types of innovations?

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A marketing research company categorized Jane as an early adopter.Which of the following is true of Jane in the context of early adopters?

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An innovation can be competence enhancing to one firm,while competence destroying for another.

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Iris is quite skeptical about new innovations and is likely to adopt something new after getting some pressure from her peers.However,she is not so risk averse that she will wait until all uncertainty of a new technology has been resolved; she's willing to accept a little uncertainty if her peers already use the product.Which of the following adopter categories does Iris belong to?

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Which of the following is true of s-curves in technological improvement?

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Technology diffusion curve is s-shaped because adoption is initially fast when a new technology is introduced to the market.

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The CEO of an automobile manufacturing firm directed the R&D department to come up with a radical innovation.Which of the following best fits the bill?

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