Deciding to invest in technology will increase:

The likelihood of creating more radical ideas and projects.

Deciding to invest in ideation will immediately increase:

Creativity - and therefore mainly the earlier stages.

How could sustainable competitiveness be achieved and maintained? [Best answer]

By focusing on addressing solutions for long-term challenges

What is innovation management? [Best answer]

The art of facilitating the innovation process.

Radical innovation or disruptive innovation:

A disruptive innovation isn't always a radical innovation

Why is innovation important? [Best answer]

In order to achieve sustainable competitiveness.

What is the best description of an innovation funnel?

A visualized model of an innovation process.

The innovation funnel proves that:

Innovating is about focusing on both the long and short term

Deciding to invest in entrepreneurship will increase:

Commercialization of the innovation projects.

A good idea, but only when agreed upon specific conditions.

An innovation manager can create an effective funnel by:

managing the so-called managerial levers of innovation.

Take (operational) decisions that enable the strategy.

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Innovation Management Game

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Quiz about Innovation Management. Part of the Innovation Management Game

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Questions 15

Answers

1
Deciding to invest in technology will increase:
The likelihood of creating more radical ideas and projects.
The likelihood of going bankrupt.
The likelihood of bringing products to the market.
The likelihood of project survival in our funnel.
2
Deciding to invest in ideation will immediately increase:
Every stage of the funnel.
Nothing; it's a waste of money.
Revenue.
Creativity - and therefore mainly the earlier stages.
3
Which of the following expertises is an important driver of innovation?
All of the before
Creativity
Entrepreneurship
Technological Excellence
4
How could sustainable competitiveness be achieved and maintained? [Best answer]
By outperforming the competitors
By collaborating with universities.
By responding quickly to consumers.
By focusing on addressing solutions for long-term challenges
5
What is innovation management? [Best answer]
The art of organizing the innovation process.
The art of facilitating the innovation process.
The art of bringing products to the market.
The art of finding solutions to problems.
6
Radical innovation or disruptive innovation:
A disruptive innovation is always a radical innovation
A disruptive innovation isn't always a radical innovation
It's the same
A disruptive innovation is never a radical innovation
7
Why is innovation important? [Best answer]
To respond quickly to consumer needs.
To generate a continuous flow of revenue.
To get first mover advantage.
In order to achieve sustainable competitiveness.
8
What is the best description of an innovation funnel?
A visualized model of an innovation process.
A method to facilitate innovation.
A tool to create and implement products.
A tool to show management information about the process.
9
The innovation funnel proves that:
Innovating is about focusing on both the long and short term
Innovating is about stages and gates.
Innovating is slow.
Innovating is about effective decision making.
10
The innovation funnel should be:
Focused on input
Focused on output
Reflecting your strategy
Efficient
11
Collaborations increase:
The likelihood of creating radical innovation.
The likelihood of success in the later stages.
The sources of innovation and thus the earlier stages.
All of the before.
12
Deciding to invest in entrepreneurship will increase:
Nothing; it's a waste of time.
Commercialization of the innovation projects.
The number of spin-offs.
The culture of innovation - and therefore all stages.
13
Collaborations are:
Always a good idea.
Useless when it comes to innovation.
A good idea, but only in (specific) external circumstances
A good idea, but only when agreed upon specific conditions.
14
An innovation manager can create an effective funnel by:
investing in ideation as much as possible.
managing the so-called managerial levers of innovation.
taking cost-effective decisions.
investing in R&D as much as possible.
15
What are 'tactics'?
Become operationally excellent.
Become technologically excellent.
Take (operational) decisions that enable the strategy.
Increase revenue.

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