Innovation is a term that is frequently heard in the business world today.

Respond to the following questions in 500 600 words.

Why is innovation so important to an organization?

What is the entrepreneurial mindset, and how does it relate to innovation?

What are the two types of internal innovations? How are they different from each other? Explain, using one example of each typ

Innovation is generally a crucial component in gaining a competitive advantage. Process structure and inertia can be considered problematic for innovation as both signify resistance to change. Many people are unwilling to change unless they believe that there is a problem. Successful innovation requires change and adaptation of new ideas. How do you think that these gaps can be overcome? Why?

1. [20 marks]  Does a market economy provide too little or too much incentive to undertake innovation?  Explain, identifying the criterion you are using to answer.  Identify the roles that competition and appropriability play in your answer.
2. [20 marks]  Does empirical evidence show that patents increase innovation rates or not?  Explain, citing evidence and measurement issues as appropriate.  
3. [10 marks]  Compare the static and dynamic welfare effects of using patents to incentivise innovation or, alternatively, using prizes to incentivise innovation. Point out both advantages and disadvantages of each method.  

2Q

Consider a closed economy. Let the demand curve be P = 80 - Q and the supply

curve be P = 20 + 2Q .

a) Calculate the equilibrium price and equilibrium quantity.

b) Suppose the government sets a price ceiling of $55, what is the amount of excess demand or excess supply? (Write down excess demand or excess supply).

c) Suppose the government sets a production quota of 16 units, calculate the equilibrium price and equilibrium quantity.

2. Consider a closed economy. Let the demand curve be P = 80 - Q and the supply

curve be P = 20 + 2Q .

a) Suppose the government imposes an unit tax of $3/unit, calculate Q’, Pc, Ps and the tax

revenue

i) assuming the tax is imposed on the consumers

ii) assuming the tax is imposed on the producers.

Minimum of 10 classroom modifications for students with Down Syndrome

Concepts to consider:

Classroom technology

Curriculum

Classroom library

Language

Class discussions

Physical classroom environment

Social classroom environment

Teaching methods

Materials

Learning activities and tasks

Level of input or assistance from teacher.

Subject : INNOVATION MANAGEMENT FOR GLOBAL COMPETITIVENESS

3. How has innovation become engrained in your organization's culture, and how is it being optimized

what are sources of innovation ideas ? explain 5 sources of innovation ideas 500-600 words (please donot copy from internet)

What is Tesla's innovation strategy? Does it rely on incremental or radical innovations? Dis­ruptive or architectural? What are the competitive implications of the firm’s innovation strategies?

The accompanying table gives the stock market indices for a certain company on the stock market. Use simple linear regression to forecast the data.

Date   Index   Date (numeric)
9/3/2010   10,446.78   40424
9/7/2010   10,340.24   40428
9/8/2010   10,387.43   40429
9/9/2010   10,416.96   40430
9/10/2010   10,462.14   40431
9/13/2010   10,545.67   40434
9/14/2010   10,525.62   40435
9/15/2010   10,572.66   40436
9/16/2010   10,593.78   40437
9/17/2010   10,606.94   40438
9/20/2010   10,752.82   40441
9/21/2010   10,760.77   40442
9/22/2010   10,740.59   40443
9/23/2010   10,663.99   40444
9/24/2010   10,861.13   40445
9/27/2010   10,812.19   40448
9/28/2010   10,858.73   40449
9/29/2010   10,833.32   40450
9/30/2010   10,788.48   40451
10/1/2010   10,828.31   40452

A. Identify the trend and level for the given data.

​(Round the Trend to two decimal places as needed. Round the Level to the nearest integer as​ needed.)

B. What would be the forecasts for the next three​ days?