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Framework (Contributes to Work Processes (A Machine Process is replacing…
Framework
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Invention
Historically, invention was an individual venture, it now seems more complex and details that no one person could carry out themselves. Today, invention is often team based.
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Rosenberg (1976) 'The making of the invention and carrying our the corresponding invention are, economically and socially, two entirely different things'
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Innovation
During this stage, there is high risk
In the early 20th Century, the Wright Brothers flew a plane and on the third attempt they crashed. The plane itself was feasible but not reliable
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People are constantly looking for certain ways of improving the productivity of processes. Incremental innovation is a series of small improvements or upgrades made to a company's existing products, services or methods.
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From the Mid 18th Century, the technological basis of production has been revolutionary in changing process.
An invention can become an innovation for many reasons such as the human need to ensure its own reproduction through interaction with the environment, monetary gains or even by accident.
Over time, technology will change and the changes technology will make on people's lives will emerge after the technology is implemented but always in practice first.
Conceptualisation
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Logical and mathematical context of conceptualisation remains significant. The practice has become more widespread bu the theory has become more limited.
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Conceptualising the idea with a clear view of its competitive positioning are critical factors in the success of an innovation.
A technology must go through the process of development and clarification of ideas or 'the Eureka! I have it! stage' Rosenberg (1976)
Evidence to suggest, that Conceptualisation was only fully recovered as it began to diffuse.
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Diffusion
Factors such as Social Participation, Cultural Attitudes and Economic Sense leads to diffusion.
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Rosenberg (1994) 'Innovations may induce the creation and diffusion of new products and processes that, in their turn, would bring about the widespread adoption of the original innovation'.
During diffusion, the invention can go through stages of reinvention Reinvention in the sense of change in function could be regarded as a special case of the need for continuous human intervention or encounter to lend significance to products.
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Nelson et al. (1969) 'Innovation is only the beginning of diffusion process and the innovation may be substantially changed in character in diffusion'
Introduction
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Ability to draw upon existing ways of understanding (productive) technology, for the purposes of understanding information technology
An IT Strategy is typically a long-term plan for achieving a goal, set in the context of a rapidly changing technology environment
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Final
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The framework provides the platform for evaluating risk (reward and loss) and choosing point in time for adoption or organisational investment. It provides strategic value in organisational environments. Consider Risks of innovation, Comparative advantage derivable form innovation and where your organisation is situated in relation to potential risk and reward.