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Set of flashcards Details

Flashcards 24
Language English
Category English
Level University
Created / Updated 19.02.2014 / 27.06.2017
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be aware

sich bewusst sein

daunting

abschreckend

diffusion

die Ausbreitung

to consider

etwas berücksichtigen, beachten, überlegen, auffassen

incidence

das Auftreten, der Einfall, das Eintreten, das Ergebnis

thought

der Gedanke

Invention (Definition)

is the act of turning imagination into a new product or service by solving objective

technical problems in expectation of some improvement or advantage.

Diffusion (Definition)

is the process by which a new idea or new product is communicated through and

accepted by the market*. The rate of diffusion is the speed that the new idea spreads from

one consumer to the next.

Innovation (Definition)

...results from something new (idea), that was translated into new products, services

or processes (invention) and is successfully apply and has penetrated the market (diffusion)

Disruptive Innovation (Definition)

New context within which a firm identifies and responds to customers’ needs,

solve problems, procure inputs, react to competitors and creates value.

Sustaining Innovation (Definition)

Improves the performance of existing products along the dimensions that

mainstream customers value

Innovation management (Definition)

...is the systematic planning, implementation and control of

innovation in organizations. In addition to the ideation, which deals with the development

of ideas, innovation management also includes the implementation of ideas and their

translation in commercially successful products and services.

«Fuzzy Frontend»

...is were the ideas come from. The first phase in front of the innovation process.

Open compeny model

  

Social system (Definition)

A Social System is defined as a set of interrelated units that are engaged in joint

problem solving to accomplish a common goal.

idea (Definiton)

An idea (lit. mental image) is an incidence or a new thought before implementation.

An archetype that has signification and attracts attention.

Three ways to get new ideas

.

innovation process and idea funnel (how it looks like)

.

Ideation process (Definition)

Ideation-Process describes the systematic process of idea generation and acceptance.

The process includes stimulation, creation, collection, evaluation and promotion of ideas in a

cooperative effort of all the people involved.

two ways of thinking ( <> Diagramm)

Divergent thinking to have more ideas

Convergent thinking to decide

Crowdsourcing (Definition)

Crowdsourcing is the act of taking a job traditionally performed by a designated agent

(usually an employee) and outsourcing it to an undefined, generally large group of people in

the form of an open call.

crwod (Definition)

A crowd is a large and definable group of people. Often defined by their shared (emotional)

experiences. With "the crowd" sometimes associated to the common people.

crowdsourcing (Definition)

Crowdsourcing is the act of taking a job traditionally performed by a designated agent

(usually an employee) and outsourcing it to an undefined, generally large group of people in

the form of an open call.

crowdvoting (Definition)

Co-creation is the practice of collaborative product or service creation: customer and

companies working together to make new or improved products.