Choose a Product. Apply a Technology Evolution Model(s) to Assess the Technology. Apply the Synergic Innovation Model to Determine Your Firm’s Core Competency. Use the outputs to describe how to proceed deploying the New Technology
–>Choose a Product and a firm (real or fictitious)
•Keep it narrow. For example, if it is AI in Health Care, choose one aspect like maybe ‘Pacemakers’ as an example for a product and then just one pacemaker firm to write about.
•Briefly discuss the product and the firm
-Product and firm’s capabilities and accomplishments
–>Apply a technology model and assess what phase the product is in
•What is the current innovation level and what are the innovation activities
•Is there more technology innovation or process innovation
•What ongoing production changes are being made
•Do you have brand loyalty amongst your customers yet
•Are improvements to the technology incremental or huge as of this present time
• Are you beginning to standardize market penetration processes
•Are R&D budgets still fully funded or declinine
–>Apply the Synergic Innovation Model to Determine Your Firm’s Core Competency
•What are the firms market capabilities
•What are the firm’s technology capabilities
•What are the firm’s management capabilities
–>Use the discoveries from applying the technlogy innovation and synegic models to describe how to proceed deploying the New Technology
•How do you market the product based on what phase it is in.
•Does the firm have the technology capability to deliver technology or process innovation based on the phase the product is in
•Can the firm apply internal assets and resources to sell the product based on the phase the product is in
APA Format
No Plagairism
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