Business Finance – Management
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1. Can you have too much innovation? We should not be misled by the frequently used expression “Innovate or Die.” Those who espouse this slogan firmly believe that massive doses of radical innovation are required to survive. Is radical innovation truly necessary for survival for all organizations at all times?
2. Thank you very much for sharing your reading and thoughts on the innovation topics this week. One of the innovation topics introduced this week is open innovation. What is open innovation anyway? Can you explain?
3. Patent law is there to protect an individual or company’s intellectual property right. Can you think of situations where the concept of patent rights can be counterproductive to innovation and entrepreneurship? Why or why not?