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MS-58 Solved Assignment

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  • Version: 2018 July - Dec

Soft Copy: Yes
Downloadable File: Yes
University: IGNOU
Course: Master of Business Administration

Q&A of Mba MS-58 Solved Assignment 2018 - Management of R&D and Innovation

Q. What is the role of Intellectual Property Protection (particularly Patents) on Technological Innovation? What is the present state of Intellectual Property Protection in India?


Q. What does the 'creative process' mean? Describe the comment upon the elements of the creative process. Is it necessary that the states in the creative process should occur in a certain order?


Q. How do partnerships in innovation and R & D activity come into being? Do partnerships happen by accident or by conscious planning? Give some examples of agencies in different countries which facilitate partnering in innovation and R & D.


Q. What are the four different leadership styles as reflected in the Blanchard model? How are the styles interrelated?


Q. Discuss the salient feature of the incentives and support measures provided by the following countries for promotion of R & D and technology development.


Q. Write short notes on the following:
b) Applied Research
c) R & D Budgeting
d) Total Quality Design (TQD)


Product Details: Mba MS-58 Solved Assignment 2018

Course: Ignou MBA (Master of Business Administration)
Session: July - Dec 2018
Subject: Management of R&D and Innovation

Old Sample Answers of Mba Ignou MS-58 Assignments

Q. Write a note on innovation process
Answer. How business, philanthropy, and government leaders direct the research and development (R&D) resources of their organizations to foster innovation is a critical part of their overall leadership. And, it is crucial to the market performance of many institutions. Ultimately, this leadership and its consequential innovations play a bigger role in society: These innovations underpin the quality of life of every person on earth.......... Think about it: It was innovation.......... Howard Smith reiterates the idea that innovation is no longer just a concern for the R&D departments........ Innovations are needed from every aspect of the business, from every business process: In a 2003 Communication on Innovation Policy, Erkki Liikanen, EU Commissioner for enterprise and the information society, wrote: Innovation is a multi-dimensional concept, which goes beyond technological innovation to encompass new means of distribution, marketing or design............ Innovation is thus not only limited to high tech sectors of the economy, but is rather an omnipresent driver for growth.......... Companies that recognize this will not define innovation as owned by one part of the organization........ Every aspect of how an organization operates is subject to innovation-administrative innovations, marketing innovations, financial innovations, design innovations, manufacturing innovations, service concept innovations, and human resource management innovations. These process innovations are echoes of the reengineering mantra of the early 90s............ The first step in the innovation process is to clarify what your business's innovation goals are and why you want, or need, to engage in this kind of innovation........ It is important to involve a good cross-section of the business in developing these goals, utilizing the expertise within the organization and even extending this to the customer and client network to get the market view.........

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