Which of these would not normally be considered an incremental innovation?
An electric car
A low fat hamburger
Faster train journeys through better signalling
Chicken and onion flavoured potato snacks
Which of these innovations is a typical example of 'technology' or 'knowledge' push? (Several choices may be correct.)
Innovation can only happen in the private sector because the public sector is not concerned with making profits or competition between firms.
Which of the following are factors often associated with successful innovating organizations? (Several choices may be correct.)
Innovation can take many forms, all involving a change of some kind. Which of the following is NOT a form of innovation?
Product (or service) innovation - changes in what is offered to the world
Petroleum innovation - amount spent monthly by a business on its fuel costs
Process innovation - changes in the way offerings are created and delivered
Position innovation - changes in the context in which innovations are launched
Which of the following would you class as a radical innovation? (Several choices may be correct.)
Which of the following is NOT a source of strategic advantage through innovation?
Complexity - offering something which others find it difficult to master
Scale of investment in R&D
Peer-to-peer networking of the kind pioneered by Napster and now forming the basis of internet file sharing is an example of radical innovation.
Haagen Daz ice cream was created to open up a new market amongst adults for what had traditionally been seen as a children's food. This is an example of position innovation.
Innovation can take many forms. Running a hospital booking system which reduces patient waiting time is an example of which kind of innovation?
Which of the following is NOT an example of product innovation?
A new toothpaste
A new car design
A new version of the iPod
Computer-control of manufacturing operations
Successful innovation depends on having patent protection for the core idea.
Innovation always requires a radical flash of insight - a 'eureka!' moment.
Innovation success is directly linked to the size of investment in Research and Development (R&D).
Which of the following would not normally be considered a radical innovation?
The jet turbine engine
Integrated circuits
Increased colour choice on the Volkswagen 'Beetle' car
Antibiotic drugs
Social entrepreneurship does not concern itself with commercial questions.
There is no way to resolve the conflict between commerical business goals and those of social innovation.
The triple bottom line is ....
markings on a ship to show how heavily laden it is
a book-keeping convention to minimise accounting mistakes
an accounting system suitable for joint ventures between firms
a company reporting framework designed to take into account not just financial outcomes but also environmental and social performance
Which of the following statements about the 'bottom of the pyramid' market is not open to challenge?
The poor - 4 billion of them - earn less than $2/day
Social innovation follows a different process to more commercial forms of innovation.
Which of the following is NOT a question for managing social entrepreneurship?
How do we identify and engage a wide range of stakeholders – and understand and meet their very diverse expectations?
How do we patent and exploit emerging ideas?
Which of the following would NOT be considered a social entrepreneur?
Florence Nightingale
Muhammed Yunus, founder of the Grameen Bank
Kenneth Lay, founder of Enron
Trevor Bayliss, inventor of the wind-up radio
Which of these is NOT a difference between social entrepreneurs and commercial entrepreneurs?
Social entrepreneurs are less concerned with independence and wealth, and more on social means and ends.
Social entreprenurs are older than commercial entrepreneurs.
Social entrepreneurs place less emphasis on short-term growth and longer term harvesting of the venture, and more concern on long term change and enduring heritage.
Social entreprenurs place less reliance on the firm and management team to execute the venture, and greater reliance on a network of stakeholders and resources to develop and deliver change.
Whilst empathy and a need for social justice may be necessary attributes of a social entrepreneur, they are not sufficient.
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