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chapter 7
N
12
Business
Post-Graduate
09/22/2014

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Term
Creativity
Definition
Production of novel and useful ideas
Term
organizational innovation
Definition
The successful implementation of creative ideas in an organization
Term
Creative work Environment
Definition
workplace cultures in which workers perceive that new ideas are welcomed, valued, and encouraged
Term
information technology
Definition
consists of the hardware, software, telecommunications, database management, and other technologies it uses to store dataand make them available in the form of information for organizational decision making
Term
Intranet
Definition
an internal communications system that uses the technology and standards of the Internet but is accessible only to people within the company
Term
discontinuous change
Definition
Phase of technology cycle characterized by technological substitution and design competition
Term
key to innovation
Definition
Intuition
Flexible options
Hands-on experience
Term
Experiential approach to innovation
Definition
approach to innovation that assumes a highly uncertain environment and uses intuition flexible options, and hands on experience to reduce uncertainty and accelerate learning and understaning
Term
Incremental change
Definition
Phase of a technology cycle characterized by small changes so as to systematically improve the performance and lower the cost
Continuous improvement
Term
Compression approach to innovation
Definition
Assumes that innovation can be planned in a series of steps and that compressing those steps can speed innovation
Term
generational change
Definition
Incremental improvements to a dominant design leads to it being backward compatibility with older design
Term
Strategy of compression
Definition
focus on improving existing technology as rapidly as possible
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