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Downloadable File: Yes
University: IGNOU
Course: Master of Business Administration
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Q&A of Mba MS-58 Solved Assignment 2022 - Management of R&D and Innovation
Q. What is technological inertia? Explain the reasons for technological inertia, preventing the implementation of new technologies?
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Q. "Corporate function of Research & Development (R&D) is a managerial rather than technical function." Discuss. Also identify the contents of this function.
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Q. "The human resource management practices that faster innovation and creativity for effective R&D have four dimensions." Explain these dimensions.
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Q. Discuss the provision for funding of R&D projects under various schemes of the Government of India. Also, critically comment upon them.
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Q. Explain Technology Transfer Model. Also, explain the various elements of technology transfer process.
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Product Details: Mba MS-58 Solved Assignment 2022
Course: Ignou MBA (Master of Business Administration)
Session: Jan - June 2022 July - Dec
Subject: Management of R&D and Innovation
Old Sample Answers of Mba Ignou MS-58 Assignments
Q. Write a note on innovation process
Answer. How business, philanthropy, and government leaders direct the research and development (R&D) resources of their organizations to foster innovation is a critical part of their overall leadership. And, it is crucial to the market performance of many institutions. Ultimately, this leadership and its consequential innovations play a bigger role in society: These innovations underpin the quality of life of every person on earth.......... Think about it: It was innovation.......... Howard Smith reiterates the idea that innovation is no longer just a concern for the R&D departments........ Innovations are needed from every aspect of the business, from every business process: In a 2003 Communication on Innovation Policy, Erkki Liikanen, EU Commissioner for enterprise and the information society, wrote: Innovation is a multi-dimensional concept, which goes beyond technological innovation to encompass new means of distribution, marketing or design............ Innovation is thus not only limited to high tech sectors of the economy, but is rather an omnipresent driver for growth.......... Companies that recognize this will not define innovation as owned by one part of the organization........ Every aspect of how an organization operates is subject to innovation-administrative innovations, marketing innovations, financial innovations, design innovations, manufacturing innovations, service concept innovations, and human resource management innovations. These process innovations are echoes of the reengineering mantra of the early 90s............ The first step in the innovation process is to clarify what your business's innovation goals are and why you want, or need, to engage in this kind of innovation........ It is important to involve a good cross-section of the business in developing these goals, utilizing the expertise within the organization and even extending this to the customer and client network to get the market view.........
