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Technology & Innovation Management Course - Session 1

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Technology & Innovation Management Course - Session 1

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Session 1 of the Technology & Innovation Management Course.
Content: intro to innovation management, diffusion of innovation, types of innovation.

Session 1 of the Technology & Innovation Management Course.
Content: intro to innovation management, diffusion of innovation, types of innovation.

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Technology & Innovation Management Course - Session 1

  1. 1. Technology & Innovation Management Course - Session 1
  2. 2. 1. Intro to Innovation Management 2. Types of Innovation 3. Diffusion of Innovation
  3. 3. Types of Innovation Don’t generalize innovation!
  4. 4. Source: L. Keeley
  5. 5. According to Impact Source: C.M..Christensen
  6. 6. According to Impact Sustaining Source: C.M..Christensen
  7. 7. According to Impact Sustaining Source: C.M..Christensen An innovation that does not affect existing markets.
  8. 8. According to Impact Sustaining Source: C.M..Christensen An innovation that does not affect existing markets.
  9. 9. According to Impact Sustaining Source: C.M..Christensen
  10. 10. According to Impact Source: C.M..Christensen
  11. 11. According to Impact Source: C.M..Christensen
  12. 12. According to Impact Evolutionary Source: C.M..Christensen
  13. 13. According to Impact Evolutionary Source: C.M..Christensen An innovation that improves a product in an existing market in ways that customers are expecting.
  14. 14. According to Impact Evolutionary Source: C.M..Christensen An innovation that improves a product in an existing market in ways that customers are expecting.
  15. 15. According to Impact Evolutionary Source: C.M..Christensen
  16. 16. According to Impact Source: C.M..Christensen
  17. 17. According to Impact Source: C.M..Christensen
  18. 18. According to Impact Revolutionary Source: C.M..Christensen
  19. 19. According to Impact Revolutionary Source: C.M..Christensen An innovation that is unexpected, but nevertheless does not affect existing markets.
  20. 20. According to Impact Revolutionary Source: C.M..Christensen An innovation that is unexpected, but nevertheless does not affect existing markets.
  21. 21. According to Impact Revolutionary Source: C.M..Christensen
  22. 22. According to Impact Source: C.M..Christensen
  23. 23. According to Impact Source: C.M..Christensen
  24. 24. According to Impact Disruptive Source: C.M..Christensen
  25. 25. According to Impact Disruptive Source: C.M..Christensen An innovation that creates a new market by applying a different set of values, which ultimately (and unexpectedly) overtakes an existing market.
  26. 26. According to Impact Disruptive Source: C.M..Christensen An innovation that creates a new market by applying a different set of values, which ultimately (and unexpectedly) overtakes an existing market.
  27. 27. Source: B.Cooper
  28. 28. James’ Reading List
  29. 29. Diffusion of Innovation How, why, and at what rate new ideas and technologies spread through cultures.
  30. 30. Elements of Diffusion Source: E.M.Rogers
  31. 31. Elements of Diffusion Innovation Source: E.M.Rogers
  32. 32. Elements of Diffusion Innovation Adopters Source: E.M.Rogers
  33. 33. Elements of Diffusion Innovation Adopters Communication Channels Source: E.M.Rogers
  34. 34. Elements of Diffusion Innovation Adopters Communication Channels Time Source: E.M.Rogers
  35. 35. Elements of Diffusion Innovation Adopters Communication Channels Time Social System Source: E.M.Rogers
  36. 36. Elements of Diffusion Adopters Communication Channels Time Social System Source: E.M.Rogers
  37. 37. Elements of Diffusion Any idea, practice, or object that is perceived as new by an individual or other unit of adoption could be considered an innovation (product, process, business model etc.) Adopters Communication Channels Time Social System Source: E.M.Rogers
  38. 38. Elements of Diffusion Any idea, practice, or object that is perceived as new by an individual or other unit of adoption could be considered an innovation (product, process, business model etc.) Communication Channels Time Social System Source: E.M.Rogers
  39. 39. Elements of Diffusion Any idea, practice, or object that is perceived as new by an individual or other unit of adoption could be considered an innovation (product, process, business model etc.) Minimal unit of analysis. Adopters can be individuals, but can also be organizations (businesses, schools, hospitals, etc.), clusters within social networks, or countries Communication Channels Time Social System Source: E.M.Rogers
  40. 40. Elements of Diffusion Any idea, practice, or object that is perceived as new by an individual or other unit of adoption could be considered an innovation (product, process, business model etc.) Minimal unit of analysis. Adopters can be individuals, but can also be organizations (businesses, schools, hospitals, etc.), clusters within social networks, or countries Time Social System Source: E.M.Rogers
  41. 41. Elements of Diffusion Any idea, practice, or object that is perceived as new by an individual or other unit of adoption could be considered an innovation (product, process, business model etc.) Minimal unit of analysis. Adopters can be individuals, but can also be organizations (businesses, schools, hospitals, etc.), clusters within social networks, or countries Communication channels allow the transfer of information from one unit to the other. Communication patterns or capabilities must be established between parties as a minimum for diffusion to occur. Time Social System Source: E.M.Rogers
  42. 42. Elements of Diffusion Any idea, practice, or object that is perceived as new by an individual or other unit of adoption could be considered an innovation (product, process, business model etc.) Minimal unit of analysis. Adopters can be individuals, but can also be organizations (businesses, schools, hospitals, etc.), clusters within social networks, or countries Communication channels allow the transfer of information from one unit to the other. Communication patterns or capabilities must be established between parties as a minimum for diffusion to occur. Social System Source: E.M.Rogers
  43. 43. Elements of Diffusion Any idea, practice, or object that is perceived as new by an individual or other unit of adoption could be considered an innovation (product, process, business model etc.) Minimal unit of analysis. Adopters can be individuals, but can also be organizations (businesses, schools, hospitals, etc.), clusters within social networks, or countries Communication channels allow the transfer of information from one unit to the other. Communication patterns or capabilities must be established between parties as a minimum for diffusion to occur. Time is necessary for innovations to be adopted; rarely adopted instantaneously. Social System Source: E.M.Rogers
  44. 44. Elements of Diffusion Any idea, practice, or object that is perceived as new by an individual or other unit of adoption could be considered an innovation (product, process, business model etc.) Minimal unit of analysis. Adopters can be individuals, but can also be organizations (businesses, schools, hospitals, etc.), clusters within social networks, or countries Communication channels allow the transfer of information from one unit to the other. Communication patterns or capabilities must be established between parties as a minimum for diffusion to occur. Time is necessary for innovations to be adopted; rarely adopted instantaneously. Source: E.M.Rogers
  45. 45. Elements of Diffusion Source: E.M.Rogers Any idea, practice, or object that is perceived as new by an individual or other unit of adoption could be considered an innovation (product, process, business model etc.) Minimal unit of analysis. Adopters can be individuals, but can also be organizations (businesses, schools, hospitals, etc.), clusters within social networks, or countries Communication channels allow the transfer of information from one unit to the other. Communication patterns or capabilities must be established between parties as a minimum for diffusion to occur. Time is necessary for innovations to be adopted; rarely adopted instantaneously. Combination of external influences (mass media, organizational or governmental mandates) and internal influences (social relationships, social networks, opinion leaders, influencers).
  46. 46. Process of Diffusion Source: E.M.Rogers Diffusion occurs through a five–step decision-making process:
  47. 47. Process of Diffusion Diffusion occurs through a five–step decision-making process: Knowledge Source: E.M.Rogers
  48. 48. Process of Diffusion Diffusion occurs through a five–step decision-making process: Knowledge Persuasion Source: E.M.Rogers
  49. 49. Process of Diffusion Diffusion occurs through a five–step decision-making process: Knowledge Persuasion Decision Source: E.M.Rogers
  50. 50. Process of Diffusion Diffusion occurs through a five–step decision-making process: Knowledge Persuasion Decision Implementation Source: E.M.Rogers
  51. 51. Process of Diffusion Diffusion occurs through a five–step decision-making process: Knowledge Persuasion Decision Implementation Confirmation Source: E.M.Rogers
  52. 52. Process of Diffusion Diffusion occurs through a five–step decision-making process: Persuasion Decision Implementation Confirmation Source: E.M.Rogers
  53. 53. Process of Diffusion Diffusion occurs through a five–step decision-making process: The individual is first exposed to an innovation, but lacks information about it. In this stage the individual has not yet been inspired to find out more information about the innovation. Persuasion Decision Implementation Confirmation Source: E.M.Rogers
  54. 54. Process of Diffusion Diffusion occurs through a five–step decision-making process: The individual is first exposed to an innovation, but lacks information about it. In this stage the individual has not yet been inspired to find out more information about the innovation. Decision Implementation Confirmation Source: E.M.Rogers
  55. 55. Process of Diffusion Diffusion occurs through a five–step decision-making process: The individual is first exposed to an innovation, but lacks information about it. In this stage the individual has not yet been inspired to find out more information about the innovation. The individual is interested in the innovation and actively seeks related information/details. Decision Implementation Confirmation Source: E.M.Rogers
  56. 56. Process of Diffusion Diffusion occurs through a five–step decision-making process: The individual is first exposed to an innovation, but lacks information about it. In this stage the individual has not yet been inspired to find out more information about the innovation. The individual is interested in the innovation and actively seeks related information/details. Implementation Confirmation Source: E.M.Rogers
  57. 57. Process of Diffusion Diffusion occurs through a five–step decision-making process: The individual is first exposed to an innovation, but lacks information about it. In this stage the individual has not yet been inspired to find out more information about the innovation. The individual is interested in the innovation and actively seeks related information/details. Individual takes the concept of the change and weighs the advantages/disadvantages of using the innovation & decides whether to adopt or reject the innovation. Stage has individualistic nature, hence the most difficult stage on which to acquire empirical evidence. Implementation Confirmation Source: E.M.Rogers
  58. 58. Process of Diffusion Diffusion occurs through a five–step decision-making process: The individual is first exposed to an innovation, but lacks information about it. In this stage the individual has not yet been inspired to find out more information about the innovation. The individual is interested in the innovation and actively seeks related information/details. Individual takes the concept of the change and weighs the advantages/disadvantages of using the innovation & decides whether to adopt or reject the innovation. Stage has individualistic nature, hence the most difficult stage on which to acquire empirical evidence. Confirmation Source: E.M.Rogers
  59. 59. Process of Diffusion Diffusion occurs through a five–step decision-making process: The individual is first exposed to an innovation, but lacks information about it. In this stage the individual has not yet been inspired to find out more information about the innovation. The individual is interested in the innovation and actively seeks related information/details. Individual takes the concept of the change and weighs the advantages/disadvantages of using the innovation & decides whether to adopt or reject the innovation. Stage has individualistic nature, hence the most difficult stage on which to acquire empirical evidence. Individual employs the innovation to a varying degree depending on the situation. Determines the usefulness of the innovation and may search for further information about it. Confirmation Source: E.M.Rogers
  60. 60. Process of Diffusion Source: E.M.Rogers Diffusion occurs through a five–step decision-making process: The individual is first exposed to an innovation, but lacks information about it. In this stage the individual has not yet been inspired to find out more information about the innovation. The individual is interested in the innovation and actively seeks related information/details. Individual takes the concept of the change and weighs the advantages/disadvantages of using the innovation & decides whether to adopt or reject the innovation. Stage has individualistic nature, hence the most difficult stage on which to acquire empirical evidence. Individual employs the innovation to a varying degree depending on the situation. Determines the usefulness of the innovation and may search for further information about it.
  61. 61. Process of Diffusion Source: E.M.Rogers Diffusion occurs through a five–step decision-making process: The individual is first exposed to an innovation, but lacks information about it. In this stage the individual has not yet been inspired to find out more information about the innovation. The individual is interested in the innovation and actively seeks related information/details. Individual takes the concept of the change and weighs the advantages/disadvantages of using the innovation & decides whether to adopt or reject the innovation. Stage has individualistic nature, hence the most difficult stage on which to acquire empirical evidence. Individual employs the innovation to a varying degree depending on the situation. Determines the usefulness of the innovation and may search for further information about it. Individual finalizes his decision to continue using the innovation. This stage is both intrapersonal and interpersonal, confirmation the group has made the right decision.
  62. 62. Adopter Categories Source: E.M.Rogers
  63. 63. Adopter Categories Innovators Source: E.M.Rogers
  64. 64. Adopter Categories Innovators Early Adopters Source: E.M.Rogers
  65. 65. Adopter Categories Innovators Early Adopters Early Majority Source: E.M.Rogers
  66. 66. Adopter Categories Innovators Early Adopters Early Majority Late Majority Source: E.M.Rogers
  67. 67. Adopter Categories Innovators Early Adopters Early Majority Late Majority Laggards Source: E.M.Rogers
  68. 68. Adopter Categories Innovators Early Adopters Early Majority Late Majority Laggards Leapfroggers Source: E.M.Rogers
  69. 69. Adopter Categories Early Adopters Early Majority Late Majority Laggards Leapfroggers Source: E.M.Rogers
  70. 70. Adopter Categories Willing to take risks, have high social status, have financial liquidity, are social and have closest contact to scientific sources and interaction with other innovators. Risk tolerant. Early Adopters Early Majority Late Majority Laggards Leapfroggers Source: E.M.Rogers
  71. 71. Adopter Categories Willing to take risks, have high social status, have financial liquidity, are social and have closest contact to scientific sources and interaction with other innovators. Risk tolerant. Early Majority Late Majority Laggards Leapfroggers Source: E.M.Rogers
  72. 72. Adopter Categories Willing to take risks, have high social status, have financial liquidity, are social and have closest contact to scientific sources and interaction with other innovators. Risk tolerant. Have highest degree of opinion leadership among the adopter categories. Have a higher social status, financial liquidity, advanced education and are more socially forward than late adopters. More discreet in adoption choices than innovators. Early Majority Late Majority Laggards Leapfroggers Source: E.M.Rogers
  73. 73. Adopter Categories Willing to take risks, have high social status, have financial liquidity, are social and have closest contact to scientific sources and interaction with other innovators. Risk tolerant. Have highest degree of opinion leadership among the adopter categories. Have a higher social status, financial liquidity, advanced education and are more socially forward than late adopters. More discreet in adoption choices than innovators. Late Majority Laggards Leapfroggers Source: E.M.Rogers
  74. 74. Adopter Categories Willing to take risks, have high social status, have financial liquidity, are social and have closest contact to scientific sources and interaction with other innovators. Risk tolerant. Have highest degree of opinion leadership among the adopter categories. Have a higher social status, financial liquidity, advanced education and are more socially forward than late adopters. More discreet in adoption choices than innovators. Adopt innovation after a varying degree of time that is significantly longer than the innovators and early adopters. Above average social status, contact with early adopters and seldom hold some opinion leadership. Late Majority Laggards Leapfroggers Source: E.M.Rogers
  75. 75. Adopter Categories Willing to take risks, have high social status, have financial liquidity, are social and have closest contact to scientific sources and interaction with other innovators. Risk tolerant. Have highest degree of opinion leadership among the adopter categories. Have a higher social status, financial liquidity, advanced education and are more socially forward than late adopters. More discreet in adoption choices than innovators. Adopt innovation after a varying degree of time that is significantly longer than the innovators and early adopters. Above average social status, contact with early adopters and seldom hold some opinion leadership. Laggards Leapfroggers Source: E.M.Rogers
  76. 76. Adopter Categories Willing to take risks, have high social status, have financial liquidity, are social and have closest contact to scientific sources and interaction with other innovators. Risk tolerant. Have highest degree of opinion leadership among the adopter categories. Have a higher social status, financial liquidity, advanced education and are more socially forward than late adopters. More discreet in adoption choices than innovators. Adopt innovation after a varying degree of time that is significantly longer than the innovators and early adopters. Above average social status, contact with early adopters and seldom hold some opinion leadership. Adopt innovation after the average participant. High degree of skepticism and after the majority of society has adopted the innovation. Typically skeptical about an innovation, have below average social status, little financial liquidity, little opinion leadership. Laggards Leapfroggers Source: E.M.Rogers
  77. 77. Adopter Categories Willing to take risks, have high social status, have financial liquidity, are social and have closest contact to scientific sources and interaction with other innovators. Risk tolerant. Have highest degree of opinion leadership among the adopter categories. Have a higher social status, financial liquidity, advanced education and are more socially forward than late adopters. More discreet in adoption choices than innovators. Adopt innovation after a varying degree of time that is significantly longer than the innovators and early adopters. Above average social status, contact with early adopters and seldom hold some opinion leadership. Adopt innovation after the average participant. High degree of skepticism and after the majority of society has adopted the innovation. Typically skeptical about an innovation, have below average social status, little financial liquidity, little opinion leadership. Leapfroggers Source: E.M.Rogers
  78. 78. Adopter Categories Willing to take risks, have high social status, have financial liquidity, are social and have closest contact to scientific sources and interaction with other innovators. Risk tolerant. Have highest degree of opinion leadership among the adopter categories. Have a higher social status, financial liquidity, advanced education and are more socially forward than late adopters. More discreet in adoption choices than innovators. Adopt innovation after a varying degree of time that is significantly longer than the innovators and early adopters. Above average social status, contact with early adopters and seldom hold some opinion leadership. Adopt innovation after the average participant. High degree of skepticism and after the majority of society has adopted the innovation. Typically skeptical about an innovation, have below average social status, little financial liquidity, little opinion leadership. Show little to no opinion leadership. Typically have an aversion to change-agents, tend to be focused on "traditions", lowest social status, lowest financial liquidity, oldest among adopters. Leapfroggers Source: E.M.Rogers
  79. 79. Adopter Categories Source: E.M.Rogers Willing to take risks, have high social status, have financial liquidity, are social and have closest contact to scientific sources and interaction with other innovators. Risk tolerant. Have highest degree of opinion leadership among the adopter categories. Have a higher social status, financial liquidity, advanced education and are more socially forward than late adopters. More discreet in adoption choices than innovators. Adopt innovation after a varying degree of time that is significantly longer than the innovators and early adopters. Above average social status, contact with early adopters and seldom hold some opinion leadership. Adopt innovation after the average participant. High degree of skepticism and after the majority of society has adopted the innovation. Typically skeptical about an innovation, have below average social status, little financial liquidity, little opinion leadership. Show little to no opinion leadership. Typically have an aversion to change-agents, tend to be focused on "traditions", lowest social status, lowest financial liquidity, oldest among adopters.
  80. 80. Adopter Categories Willing to take risks, have high social status, have financial liquidity, are social and have closest contact to scientific sources and interaction with other innovators. Risk tolerant. Have highest degree of opinion leadership among the adopter categories. Have a higher social status, financial liquidity, advanced education and are more socially forward than late adopters. More discreet in adoption choices than innovators. Adopt innovation after a varying degree of time that is significantly longer than the innovators and early adopters. Above average social status, contact with early adopters and seldom hold some opinion leadership. Adopt innovation after the average participant. High degree of skepticism and after the majority of society has adopted the innovation. Typically skeptical about an innovation, have below average social status, little financial liquidity, little opinion leadership. Show little to no opinion leadership. Typically have an aversion to change-agents, tend to be focused on "traditions", lowest social status, lowest financial liquidity, oldest among adopters. They often skip several generations in order to reach the most recent technologies. Source: E.M.Rogers
  81. 81. Rate of Adoption Source: E.M.Rogers
  82. 82. James’ Reading List
  83. 83. Clear? Twitter: @toma_dan e-mail: me@danto.ma

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