QUESTION 1  Explain how patents work. Which legal tests must be satisfied in most countries in order to meet patient requirements?


QUESTION 2  Explain the importance of brainstorming. What are the three most important approaches to brainstorming? Explain a situation in which brainstorming could achieve innovative results

QUESTION 3 Give an example of a consumer market survey in which the company was able to obtain information to successfully launch a new product. Is there a best way to identify niches? Explain.

QUESTION 4  Explain what it means to be a venture champion? What are some of the factors that influence the decision to establish a new venture? What do we know about the background of individuals who have a propensity to develop new ventures?

QUESTION 5 What are the four arguments for pushing for greater levels of networking in innovation? Which one do you find most persuasive and why?

QUESTION 6 What are the different challenges to expect in the set-up operating, and sustaining (or closure) stage in managing innovation networks? Give an example of a product or program and the challenges it faced in one of these three areas