Sunday, February 16, 2020

Technologicial Entrepreneurship & Innovation Essay

Technologicial Entrepreneurship & Innovation - Essay Example Lack of communication and coordination, thus becomes an impediment on the invention. Individuals working alone do not have to manage teams and thus can fully concentrate on the work at hand. Jewkes also points out that research organizations hire people who may not be totally research driven. The passion to achieve something new is absent from many people working within an organization. For the individual worker, the passion is there since he utilizes his own resources and his efforts largely go unpaid. Despite this, the individual worker pursues his aim since he is driven by the passion of invention. However, research organizations set the pace for the invention which would otherwise be dependent on the inventor’s spark of genius which could take any length of time if the inventor is left to his own devices. While Jewkes fights against the concept of individuals working in teams, he also provides certain pros of the position. He believes that teams should be encouraged so as to provide support to the individual worker. According to Jewkes, the purpose of teams should be to help the actual inventor to gain support from the men who are under his command. Also Jewkes believes that teamwork has become imperative in this era of specialization. This is because as science and technology have advanced to new levels, it is difficult for the individual to know everything. This then demands the need for team work where members fill in the information required to work on complex tasks. b. Innovation arising among individuals or small enterprises vs. large, highly structured enterprises (about 500 words) Innovation arising among individuals is the preferred form of innovation in the opinion of Jewkes. To support this claim, Jewkes offers various examples as well as...Apple iPod was introduced in 2000 as a reaction to music players that were already in the market but none was as sleek as the Apple iPod. The ten stereotypes developed by Scott Burken do not absolutely hold true for this innovation. As times, the iPod defies the stereotypes and takes in own path. One stereotypes that iPod defies from the ten stereotypes is the reaction of the public towards the product. Previously consumers were using large music players that were bulky and not as convenient as the iPod, thus when presented with the iPod; they fell in love with it. Apple Inc. already had a reputation of delivery top quality innovative products and this reputation went along with iPod. Thus iPod was an instant success among the public since they were given a more beautiful and bigger machines for playing music than they previously had. Burken, on the other hand, asserts that innovations when introduced in the market do not receive the reaction that they do after some time. They fail to generate interest among the customers; however, this was not the case with Apple’s iPod. Another stereotype that Apple iPod defies is that it was developed under the guidance of Steve Jobs. Steve Jobs, before being an innovator, is a manager.

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