Assignment No 1

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Assignment No 1.

Answer the following questions

1. What is inovation?
2. What is the difference between invention and innovation?
3. Would you classify the following as an invention or an innovation? Explain your Answer
a. Bic ball-point pen.
b. Flettner’s ‘rotor ship.’
c. Carlson’s patented electro-static copier.
d. Xerox’s 914 photocopier.
4. Would you classify the following as examples of radical innovation or incremental innovation?
a. Edison’s phonograph.
b. The laser.
c. The fibre-tip pen.
d. The electric light.
5. Do you think the following are inventors, entrepreneurs or product champions?
a. Thomas Edison.
b. Battelle Memorial Institute (photocopier).
c. Bette Nesmigh Graham.
d. Henry Villard (electric light).

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