innovation management

innovation management

New York University

Question Description

Coursework 1
Three case studies from the book: Foss, Petersen, Pyndt and Schultz (2012).
Innovating
organization & management, Cambridge University Press.
List of case studies:
− Lego: Redefining the boundaries
− Coloplast: Innovating innovation
− NKT Flexibles: Global sourcing of R&D innovation
Copies of the book can be found in the library (one not on loan, 7 on standard or
short loan).
Coursework 1: Innovation management
Submission date: 16 March 2020, by 3pm Coursework makes up 50% of your final mark
Word limit: 2000 words
Students must include their word count on the coursework coversheet when they submit their
work. Word limit includes: footnotes and endnotes, references in the main text, tables and
illustrations, and if applicable the abstract, title page and contents page. The bibliography or
reference list and appendixes should be excluded from the word count.
Coursework
Essay should include:
− A brief introduction (e.g., info about the company and what the
case study is about)
− Then proceed to answer selected questions at the end of the
case study
Lego: Answer all questions except question 4 (this means that question 4a is also excluded)
Coloplast: Answer all questions except question 5 (this means that questions 5a and 5b are also excluded)
NKT Flexibles: Answer all questions
Some advice
Combine case study evidence with theory For instance:
− If the question is about new ideas being generated by outside stakeholders (adult fan), you may want to discuss open innovation and user innovation
− If the question is about expansion through strategic acquisitions, you may want to discuss methods of exploiting entrepreneurship inside corporations (where we discuss acquisitions)
− If the question is about collaborative strategy, you may want to discuss open innovation, user innovation, strategic alliances, ….
Some advice

  • 10-15 references (max 20) are OK

− must be relevant
− quality of the source is also important (e.g., leading scholars, high-quality academic journals are better)

  • The quality of the presentation matters. If your discussion is unclear, your final mark will tend to be lower. Spending some time re-reading and improving your report makes in my opinion a big difference

Some advice
Word limit is tight, so −Use the space wisely −Write well
−The appendix is excluded from the word count. So if you have something important to say and not enough space, you can use the appendix. I read and mark the appendix. But the main concepts should also be summarized in the main body.
Some advice

  • If you have doubts, ask your teacher (e.g., fix an appointment with me by email, or simply ask me after one of the lectures)
  • Check the NBS Coursework Feedback Sheet
 
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Entreprenuership

Question Description

Topic: Each of the following components of the business plan should be used as headings and begin on a separate page. For your chosen business: Identify the Start-Up Resource Requirements

  1. People (Explain how you will build the initial team. Will you use professional advisers (must provide support as to why or why not). Will you hire employees or outsource with independent contractors?)
  2. Physical Assets (Where will the company be located? Rent or own? Equipment?)
  3. Financial Resources
  4. Estimate sales and revenues.
  5. Prepare a pro-forma income statement.
  6. Forecast start-up cash needs.
  7. Discuss the role of the balance sheet in the business plan.
  8. What are some important biblical concepts to consider in this part of the business plan?

(My business is an online retail store, T-shirt line called Cutesy. It will be cute T-shirts with logos and slogans on it. I will also allow my customers to have the shirt custom made)The book is Allen, Launching New Ventures (6th ed.) Mason, OH: Cengage Learning)
 

 
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Discussion: Effectiveness of Workplace Democracy

Discussion: Effectiveness of Workplace Democracy

Many people view democracy solely through the lens of political institutions and governance structures and processes. They often do not consider the application of democratic principles and processes within the workplace to be relevant or feasible. Given various factors, public and private work environments within a democratic society may not be democratic in nature. Workers may have limited participatory involvement and may not have the opportunity to engage in their workplace through the decision-making process. Furthermore, hierarchical structures with clearly defined rules determine control and the placement of power. Challenging such a structure to enable bottom-up participation or to protect the needs of underrepresented groups can be difficult given the prevailing organizational policies and culture. Democracy, as it is applied in the workplace, may offer a different and even, some may argue, beneficial type of workplace experience. However, while advantages to a democratic workplace culture can be experienced by employees and the organizational as a whole, certainly many challenges are also present.
For this week’s Discussion, you will examine the effectiveness and sustainability of a workplace governed by democratic principles and processes.
To prepare for this Discussion:

  • Review the article “Workplace Democracy: Why Bother?” in this week’s Learning Resources. Consider the rationale for workplace democracy.
  • Review the article “Evaluating Strategies for Negotiating Workers’ Rights in Transnational Corporations: The Effects of Codes of Conduct and Global Agreements on Workplace Democracy” in this week’s Learning Resources. Think about how workplace democracy can be effective in an organization.
  • Review the lecture “Workplace Democracy and the Global Financial Crisis” in this week’s Learning Resources. Take note of arguments for and against the presence of workplace democracy in terms of economics.
  • Identify democratic principles that might be present in a democratic workplace.
  • Reflect on your workplace environment or one with which you are familiar and think about the degree to which democracy is present in the organization.
  • Consider whether the organization would be more effective if it were more or less democratic.
  • Reflect on whether democracy is a sustainable option for the contemporary workplace.
  • Consider whether democracy in the workplace is actually an issue of democratic governance or it is a management style, possibly a variation of participative management.

With these thoughts in mind:
Post a brief description of your workplace or one with which you are familiar. Include an assessment of the degree to which democracy is present. Then, explain whether the organization would be more effective if it were more or less democratic and explain why. In your analysis, consider whether democracy is sustainable in the contemporary workplace and whether democracy in the workplace is a governance issue or a management issue.
Be sure to support your postings and responses with specific references to the Learning Resources.

 
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Political Economy

 
Directions: Answer any four of the following seven questions. Make your answers as thorough as possible, within the time constraints of this exam.
 

  1. Explain why capitalist economic activity tends to expand across national boundaries. Why does the expansion of capitalist economic activity across national boundaries tend to create relations of economic and political domination of one country by the ruling class of another?

 

  1. What harmful effects does a capitalist economic system tend to have on the natural environment? Carefully explain why it has these effects. How can the harmful effects capitalism has on the environment be prevented?

 

  1. Explain why a capitalist economic system tends to bring about a highly unequal distribution of income. Why did income inequality rise significantly in the U.S. after about 1980?

 

  1. Recessions in a capitalist economy have two different types of causes: coordination failures (the aggregate demand/aggregate supply relation) and class conflict (struggle over the wage rate). Explain how each can cause a recession. What government policies or economic reforms could be undertaken to prevent recessions?

 

  1. What is a social structure of accumulation (SSA)? According to the SSA theory, why does every SSA eventually stop working effectively? What happens to the economy when an SSA stops working effectively?

 

  1. How did the neoliberal form of capitalism in the U.S. give rise to a severe financial and economic crisis starting in 2008? What role was played by rising inequality, a deregulated banking system, and the real estate bubble?

 

  1. What is a socialist economic system? What are the arguments for and against a socialist economic system as an alternative to capitalism?

 
 

 
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