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Discussion Questions

Discussion Questions. September 18, 2012 POSTECH Strategic Management of Information and Technology Laboratory (POSMIT: http :// posmit.postech.ac.kr) Dept. of Industrial & Management Engineering POSTECH. Discussion Questions. Chapter 3. Types and Patterns of Innovation

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Discussion Questions

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  1. Discussion Questions September 18, 2012 POSTECH Strategic Management of Information and Technology Laboratory (POSMIT: http://posmit.postech.ac.kr) Dept. of Industrial & Management EngineeringPOSTECH

  2. Discussion Questions • Chapter 3. Types and Patterns of Innovation • Are well-established firms or new entrants more likely to develop new technologies? What are some reasons for your choice? New entrants more likely to develop new technology • No financial or learning investments in the incumbent technology (No “baggage”) • Possibility to gain a sustainable competitive advantage by adopting the new technology • Hard to catch up with an incumbent firm in terms of the quality and efficiency of production of the incumbent’s technology • Incumbent firm’s much longer period of time to move down the learning curve.

  3. Discussion Questions • Chapter 3. Types and Patterns of Innovation • Reclassify the sources of innovation in your own way (You can add/delete some categories to the existing one, or make totally different classification) and explain your classification with proper examples. Please refer to the supplement material “Mr. Noh’s Innovation” • Self-fulfillment • Goal-orientation • Discovery of the New Area of Application

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