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What are the similarities and differences between product diffusion and information diffusion models?

Category: Engineering Paper Type: Assignment Writing Reference: APA Words: 3900

The product diffusion model is that kind of model that helps in arranging the products information according to the equal parts they have. Several channels are produced in terms of spreading the innovation through social system and diffusion is an innovation process included theses in them. In terms of accomplishing the objectives of the organizations and to solve the problems in an organization a revolutionary process is implemented known as diffusion that allows the things to be implemented successfully and efficiently concerning the aspects of the organization to implement innovatively as a must. The new idea or innovation in an organization is the way with which they can be used to have innovations in their workings. The information diffusion models enable you to take maximum information about your required product. The difference is that product diffusion innovates your product and makes your new thing old but the information diffusion model helps you to find information regarding your newly implemented model in your organization. Understanding the assumptions behind the models and understanding the modelling principles is the right way to use that model otherwise it won’t be able to give you the accurate and successful results when you implement it in your organization (Jaakkola, 2016).

1.      What are stage gates?  How do they help you to manage product development? 
            Is stage gates process linear?          

Another name of the stage-gate process is the waterfall process as it is concerned with the innovation process and it is a patent trademark of Dr Robert Cooper. A project or process takes place in the organization is divided over several stages and the initiatives have been taken place by the techniques used by management techniques. The so-called gates were separated by the decisions taken by the organizations that have been selected to be changed in the organization. In a new development of the products, this process can be used as it gives the process of new innovative product implementation better and improved. There are different stages and different phases are going to be happened by the organizations that allow them to work innovatively with latest technologies. Each gate is a decision which helps people to work in an organization and this makes them easy to find out the real workings efficiency that allows them to work on the processes more efficiently and more appropriately for sure. Each decision is based on the facts that how this will be able to manage the workings in that organization as there are many of the changes that taken care by the workings in the organization (Toolshero.com, 2019).

2.      What are some major sources of innovation? Why are they call sources of innovation?

Innovation has many kinds and sources and all of them are highly applicable and well established by the things they are going to get for the organizations. Several things are required for bringing innovation in the organization as after all things accomplishment it helps to get ideal things for the organization's success. These sources are the Incongruity that allows you to have a difference between what is to do and how is to do for sure. Several things are noticed in this aspect that allows you to get an idea about what things can be used and what to avoid for sure. The process that is needed by the innovation is analysed in this phase as to allow the workings of the organization’s new process advance and appropriate that helps to get ideal outcomes for the organizations to have successful implementations for sure. The structure that is already implemented in this circumstances is going to be managed and evaluated to get successful results and after implementation of this structure, you are going to get an ideal place that what you are going to implement and how you can have it in your organization for sure (Incrementalinnovation.com, 2018).

      4. Why do different innovations take different forms? What is the importance of IPR in innovation strategies?

. The changes in the workings of the organizations are going to get ideal outcomes that allow them to get successful results in future is because of having different forms of innovations in the organization. Several things are going to get an ideal location in this aspect as this will make them highly demanding and successful for sure in the organization. Different forms are needed in the way it will help the organization to get rid of that allows the things to have a suspicious idea regarding the way of working that it deals in with the betterment and development of the organization. Several things are going to get interact in this aspect as all the outcomes are going to take a viral place in the workings of the organization. The IPR stands for intellectual property rights that help people to get an idea about the workings of the people in an organization regarding the aspect that helps them to get an idea about the way they are going to use their property as this allows them to have the right usage of their property in the organization. This makes them well managed and this makes the rights of the things very much valuable and very much demanding as well (Kalanje, 2019).

Identify what was the opportunity of the innovation in China’s mobile multimedia       broadcasting service

Chinese are making the privacy & security of your Personal Information as of our very first priority & we restrict access to it to our workers who need to come into contact with it with the end goal to fulfil their job & empower the services to be given to you.  Even though we do our best to ensure your Personal Information or data, although the transmission of data using the internet can never be secure & we are along these lines unfit to ensure the security of the data which you share with us at your very own risk (Taylor, 2019).

Notwithstanding utilizing your data to convey the basic parts of the Services, we additionally utilize it to improve & customize your experience of the Services. For instance, we will utilize cookies to remember your preferences regarding currency & languages & may likewise customize your experience by featuring or prescribing certain data or travel alternatives that we accept applies to your dependent on your history of search & utilization of the Services.

This site just facilitates the deals of the significant travel agent's sites working as the search engine. Appropriately, a booking is made on the pages of such a travel agents booking site. For each situation you go into an agreement with the travel agents site, the information will be gathered there straightforwardly by the third party. If you don't then must acknowledge that we are not responsible for the privacy policy of such third party sites. When you leave or generally stop utilizing the Services, or exchange your data from the Services to a third party, we urge you to thoroughly read the privacy policy of every single third party that you permit gathering data from you (Will, 2012).

Draw a detail Business Model Canvas and explain briefly the business model based on the case study. Then answer “Why Uber isn’t disruptive but Netflix is”

Netflix is considered to be an entertainment description regarding the way which entertains the people and that helps people to enjoy the movies and other things online at their homes. The best thing about this is that they are going to get the ideas in a way that how they are enjoying at home. There are many different things are available on Netflix that helps to make your choice from several items available on the list for the users. Yes, we do, cookies are helpful because they enable a site to perceive a customer's browser or the device in use. We utilize a mix of cookies & comparative technologies to gather, by this policy, Non-Personal Information from you identifying with how you are utilizing the Services. The basic role for our utilization of cookies is to guarantee the ideal conveyance of our offer services. Furthermore, we utilize third party's cookies for analyzing the behaviour of the customer.

Companies or we that are our service providers may set cookies. These enable us to assemble the accumulated or fragmented data about the various visitors that came to our site & the different site pages & the advertisement that they see. With the end goal to more readily comprehend your utilization of our site, our service providers or we may gather data on such utilization, including pages, visited, different links clicked & even the mouse movement. We do not utilize this data to identify you personally. The uber and the Netflix the main indication between these is the Netflix as you keep on watching the things but you do not have a focus on the outcomes of the things allowing the interruption to the watching person.


Netflix business model canvas is the most innovative and highlighted way to keep people involved in the entertainment for the people. There are key partners of the Netflix including internet service providers, content owners, influencers, IP holders etc. Its key activities are marketing, analytics, development and tech. Customer relationships are user supportive, trustworthy, recommended system and with social media support as well. The channels connected to view it are social media, desktop, tablet, mobile, film festivals and App stores. Its value proposition depends on no ads, On-demand, personalization, simple pricing, content library, localization and freemium as well. The customer segments include Technology, viewing behaviour, geo-demographic segmentation as well.

We may impart your data to our corporate members & with third parties for our authentic business purposes as allowed by law. For instance, we may impart your data to providers who perform services for our sake & have concurred in writing to ensure & not to further unveil your data. We may uncover data whenever required by law, for instance to law authorization or different specialists. This incorporates orders of court, subpoenas & requests emerging from legitimate procedures, & regulatory or criminal investigations.

What were the benefits of the innovation strategy for BMW?   

The BMW production system was fully based on the quality concerns that will completely satisfy the clients and make them reliable towards the brand. For a total of more than 7 million cars were noticed at that time in this recall in the U.S concerning with the same issue and this makes a huge number of BMW's cars production decreases and several issues were signalled regarding these floor matting issue. In some models, the issue which was noticed was very severed and it was with brakes as in some models the gas pedals were sticky, the affected breaking was glitched by the software and pedal entrapment was also noticed making the usage of the car lower. This issue was quite serious as the breaks were the main concern while having them in their cars. In BMW management had conducted a survey among the people about the BMW cars issues so that they can work thoroughly on the issues and try to make the cars well-liked by those people (Almeida, 2017).

Conversely, the electric car remains uncommon and has not penetrated across all continents with more units expected to be sold in the future. To be more specific, apart from the high initial cost, the technology is still young and without wide-range of cars compared to those with the internal combustion engine for customers to have options. Moreover, the downside of the vehicle is that the charging infrastructure has not fully developed with fewer fast-charging stations and batteries that are still improving. Thus, as the manufacturer develop the technology and supporting infrastructure, it may gain more demand across the globe

The electric car is a modern innovation that has multiple attributes. Some purchase it to signify status due to the high upfront cost. Others own it to enjoy its functionality, such as for avoiding fuel and maintenance costs, high acceleration power and safety. Government support such products that signal move towards sustainability with incentives and tax breaks leading which makes the vehicle signify environmentally-conscious consumption. However, despite the car being marketed for about a decade, it low penetration might relate to the perception by some segment of the population as a frugal innovation and the fact that its technology is in initial stages of development. The overall work was done on the results of the survey which was in major were: issues with the pedal sickness, making the driving uncomfortable while having unadjusted mats under the seats (Mukund, 2020).

Why does an individual become an entrepreneur? What are some of the factors in an individual’s life that contribute to and manifest his entrepreneurial orientation?

Currently, a fast-food restaurant is one of the best businesses that entrepreneurs can identify. The restaurants are customarily referred to as quick-service restaurants since the foodstuff are always available for the customers and the service offered to the customers is very quick. Fast food kind of restaurant can only perform well when located in urban centres, along busy streets and around the school’s environment. However, the business has different types of unplanned customers, aged between 15-35 years, and are connected to some other activities surrounding the restaurant location (learnhowtobecome.org, 2020).

The relationship between the customers and the staffs in business will determine the success of the company. In restaurant, potential, willing and good-hearted staffs should be chosen to ensure the satisfaction of customers is achieved. Any business especially a restaurant type of business wishes to obtain customer's recommendation to come back for the service. In my case study, equality and diversity in the industry directly imply an offering of equal opportunities to either the customers or the working team. A dedicated and passionate restaurant entrepreneur should in all aspects protect the customers from discriminations concerning gender, sex, religion, belief, age, race, or sexual orientation.

The exercise of investigating diversity program in either a company or a nation is not easy. For instance, in a case where there is a job vacancy to be filled in, either gender can fill the position, but in the current world, men are most appealing and favoured. However, any company which promotes diversity especially in Britain is more likely to gain access to an extensive variety of worldviews and problem-solving techniques, which often results in a more flexible and adaptive corporate culture. Since Britain restaurant is discriminations victims, diversity practices are essential to ensure the corporations are observed as more appealing to inherent employees, especially those who are not comfortable working in homogeneous surroundings. Further, the business will enhance competitive position by winning customers from a diverse background

Companies which adopt diversity policies offer some benefits in return to the workforce and the society in general (Toren, 2015).

The plan enhances marketing opportunities, provides more exceptional products and services innovation, creates a clean corporate image, and helps in resolving labour deficit. Master card Company which offers financial services is one among the world companies that embrace diversity in a big way and inspires me. The services provided by the company are not discriminative in any way as long as the customer sticks to the company's terms and conditions. The belief that diversity is what drives better insights, better decisions and better products have helped the company to grow globally and enhance its customers. Finally, to ensure respect for equality and diversity laws in a restaurant business, an entrepreneur must eliminate discriminatory practices and meet equality expectations for all workers and the customers as well.

Statically data analysis

In order to evaluate the entrepreneurship intention of the various country the three countries has been selected for this particular purposes. These countries are China, India and United Arab of Emirates. There are the five particular variables that have been selected to observe the entrepreneurship intention in these particular countries. The scale set that has been utilized as the standard for the entrepreneurship intention these are; Entrepreneurial intentions, Entrepreneurial Employee Activity, Innovation, Business Services Sector, High Status to Successful Entrepreneurs. There are the four major scale set that has been used to measure the Entrepreneurial intentions of any country. For the said purposes the times series data has been used. Data of the last five years from 2019-2015 has been particularly utilized. The effects and relationship among all of these variables has been measured by conducting the correlation, regression mean and standard deviation of these variables. This analysis has been conducted country wise by using the tool set of the MS excel that is the good tool for conducting these analysis and exploring this particular sheet.

China

Correlation Analysis

 

Entrepreneurial intentions

Entrepreneurial Employee Activity

Innovation

Business Services Sector

High Status to Successful Entrepreneurs

Entrepreneurial intentions

1

Entrepreneurial Employee Activity

-0.434644325

1

Innovation

-0.234372869

-0.999116574

1

Business Services Sector

0.124206191

-0.315312962

0.908026742

1

High Status to Successful Entrepreneurs

0.759965946

-0.7731306

-0.758272284

-0.146094466

1

Interpretation

The correlation analysis is showing the positive relationship among the Business Services Sector, High Status to Successful Entrepreneurs and Entrepreneurial intentions meanwhile the negative value of the innovation and Entrepreneurial Employee Activity with the Entrepreneurial intentions in the China.

Mean and standard deviation

Column1

Entrepreneurial intentions

Entrepreneurial Employee Activity

Innovation

Business Services Sector

High Status to Successful Entrepreneurs

Mean

18.562

1.016

28.2975

10.418

78.226

Standard Error

1.379494

0.224

1.752191

1.07365

3.909915

Median

19.52

1.2

27.31

10.62

77.62

Interpretation

The above given table is illustrating the mean and standard deviation value of Entrepreneurial intentions, Entrepreneurial Employee Activity, Innovation, Business Services Sector and High Status to Successful Entrepreneurs in China. The values are; 18.562, 1.016, 28.2975, 10.418 and 78.226 respectively. The standard deviation value for these variables are; 1.379494, 0.224, 1.752191, 1.07365 and 3.909915 respectively.

Regression Analysis

 

SUMMARY OUTPUT

 

 

Regression Statistics

 

Multiple R

0.434644

 

R Square

0.188916

 

Adjusted R Square

-0.08145

 

Standard Error

3.2078

 

Observations

5

 

 

ANOVA

 

 

df

SS

MS

F

Significance F

 

Regression

1

7.190146

7.190146

0.698752

0.464549

 

Residual

3

30.86993

10.28998

 

Total

4

38.06008

 

 

 

 

 

 

Coefficients

Standard Error

t Stat

P-value

Lower 95%

Upper 95%

Lower 95.0%

Upper 95.0%

 

Intercept

21.28157

3.555647

5.985286

0.009337

9.965908

32.59722

9.965908

32.59722

 

Entrepreneurial Employee Activity

-2.67674

3.202169

-0.83591

0.464549

-12.8675

7.513992

-12.8675

7.513992

 

Innovation

-2.67674

3.202169

-0.83591

0.464549

-12.8675

7.513992

-12.8675

7.513992

 

Business Services Sector

23.82

0

0

65535

.527

0

0

0

 

High Status to Successful Entrepreneurs

79.02

0.714218

0

65535

#NUM!

0.714218

0.714218

0.714218

Interpretation

Regression analysis is showing the effects of the independents variables on the dependents variables. The value of R square is 0.188916 that is representing that there is 18% effects of the dependent variables on the independent variables. Yet is it means an entrepreneurial intention is effecting 18% in the China.

UAE

Correlation Analysis

 

Entrepreneurial intentions

Entrepreneurial Employee Activity

Innovation

Business Services Sector

High Status to Successful Entrepreneurs

Entrepreneurial intentions

1

Entrepreneurial Employee Activity

-0.91624

1

Innovation

-0.91439

0.715653

1

Business Services Sector

0.42594

-0.08051

-0.93754

1

High Status to Successful Entrepreneurs

0.868556

-0.6784

-0.83603

0.784328

1

Interpretation

The correlation analysis is showing the positive relationship among the Business Services Sector, High Status to Successful Entrepreneurs and Entrepreneurial intentions meanwhile the negative value of the innovation and Entrepreneurial Employee Activity with the Entrepreneurial intentions in the UAE.

Mean and standard deviation

Entrepreneurial intentions

Entrepreneurial Employee Activity

Innovation

Business Services Sector

High Status to Successful Entrepreneurs

Mean

45.31

4.61

24.47

16.6025

79.6325

Standard Error

4.356839

1.594104

2.943179

4.381589

3.847041

Median

43.38

4.26

26.5

18.69

80.66

Interpretation

The above given table is illustrating the mean and standard deviation value of Entrepreneurial intentions, Entrepreneurial Employee Activity, Innovation, Business Services Sector and High Status to Successful Entrepreneurs in UAE. The values are; 45.31, 4.61, 24.47, 16.6025and 79.6325 respectively. The standard deviation value for these variables are; 4.356839, 1.594104, 2.943179, 4.381589 and 3.847041 respectively.

Regression Analysis

Regression Statistics

Multiple R

1

R Square

1

Adjusted R Square

65535

Standard Error

0

Observations

3

ANOVA

 

df

SS

MS

F

Significance F

Regression

4

165.9498

41.48745

#NUM!

#NUM!

Residual

0

0

65535

Total

4

165.9498

 

 

 

 

Coefficients

Standard Error

t Stat

P-value

Lower 95%

Upper 95%

Lower 95.0%

Upper 95.0%

Intercept

3.570009

0

65535

.078

3.570009

3.570009

3.570009

3.570009

Entrepreneurial Employee Activity

8.24

65535

.0567

0

0

0

0

Innovation

-0.5317

0

65535

.0398

-0.5317

-0.5317

-0.5317

-0.5317

Business Services Sector

23.82

0

65535

.845

0

0

0

0

High Status to Successful Entrepreneurs

0.714218

79.02

65535

.0456

0.714218

0.714218

0.714218

0.714218

Interpretation

Regression analysis is showing the effects of the independents variables on the dependents variables. The value of R square is 0.188916 that is representing that there is 18% effects of the dependent variables on the independent variables. Yet is it means an entrepreneurial intention is affecting 18% in the UAE.

India

Correlation Analysis

 

Entrepreneurial intentions

Entrepreneurial Employee Activity

Innovation

Business Services Sector

High Status to Successful Entrepreneurs

Entrepreneurial intentions

1

Entrepreneurial Employee Activity

-0.15628

1

Innovation

0.158451

-0.38627

1

Business Services Sector

0.061764

0.953774

-0.38522

1

High Status to Successful Entrepreneurs

0.939201

-0.45844

0.138942

-0.24911

1

Interpretation

The correlation analysis is showing the positive relationship among the Business Services Sector, High Status to Successful Entrepreneurs and Entrepreneurial intentions meanwhile the negative value of the Entrepreneurial Employee Activity with the Entrepreneurial intentions in the India.

Mean and standard deviation

Column1

Entrepreneurial intentions

Entrepreneurial Employee Activity

Innovation

Business Services Sector

High Status to Successful Entrepreneurs

Mean

17.66

0.8

37.89

2.648

61.372

Standard Error

4.400951

0.440182

6.478505

1.12192

8.452467

Interpretation

The above given table is illustrating the mean and standard deviation value of Entrepreneurial intentions, Entrepreneurial Employee Activity, Innovation, Business Services Sector and High Status to Successful Entrepreneurs in UAE. The values are; 17.66, 0.8, 37.89, 2.648 and 61.372 respectively. The standard deviation value for these variables are; 4.400951, 0.440182, 6.478505, 1.12192 and 8.452467 respectively.

Regression Analysis

Model Summary

Model

R

R Square

Adjusted R Square

Std. Error of the Estimate

1

.866a

.750

.583

10.23198

a. Predictors: (Constant), High Status to Successful Entrepreneurs, Entrepreneurial Employee Activity, Innovation, Business Services Sector

 

Coefficientsa

Model

Unstandardized Coefficients

Standardized Coefficients

t

Sig.

B

Std. Error

Beta

1

(Constant)

-28.287

30.116

 

-.939

.384

Entrepreneurial Employee Activity

4.016

2.042

.425

1.967

.097

Innovation

.262

.449

.160

.584

.580

Business Services Sector

1.245

.781

.529

1.595

.162

High Status to Successful Entrepreneurs

.395

.370

.342

1.067

.327

a. Dependent Variable: Entrepreneurial intentions

Interpretation

Regression analysis is showing the effects of the independents variables on the dependents variables. The value of R square is .750 that is representing that there is 75 % effects of the dependent variables on the independent variables. Yet is it means an entrepreneurial intention is affecting 75% in the India.

References

Almeida, M. (2017, March 29). Corporate Innovation: What Your Company Can Learn From BMW’s Innovation Strategy. Retrieved from https://rethink.beta-i.pt/2017/03/29/corporate-innovation-company-can-learn-bmws-innovation-strategy/

Incrementalinnovation.com. (2018). The 7 Sources Of Innovative Opportunity. Retrieved from http://www.incrementalinnovation.com/innovation-management-development/7-sources-innovative-opportunity

Jaakkola, H. (2016). Comparison and Analysis of Diffusion Models. 1-48.

Kalanje, C. M. (2019). Role of Intellectual Property in Innovation and New Product Development. Retrieved from https://www.wipo.int/sme/en/documents/ip_innovation_development_fulltext.html

learnhowtobecome.org. (2020). 7 Steps to Becoming an Entrepreneur. Retrieved from https://www.learnhowtobecome.org/entrepreneur/

Mukund, A. (2020). Product details. Retrieved from https://www.thecasecentre.org/educators/products/view?id=20943

Taylor, R. (2019). DEVELOPMENT OF THE MOBILE PHONE TELEVISION MARKET IN CHINA. Retrieved from https://www.academia.edu/2118647/DEVELOPMENT_OF_THE_MOBILE_PHONE_TELEVISION_MARKET_IN_CHINA

Toolshero.com. (2019). Stage-Gate Process by Robert Cooper. Retrieved from https://www.toolshero.com/innovation/stage-gate-process-robert-cooper/

Toren, M. (2015, October 22). 6 Genuine Reasons Why People Become Entrepreneurs. Retrieved from https://www.entrepreneur.com/article/251838

Will, A. J. (2012). China Mobile Broadcasting Satellite’s submission to the consultation paper on Digital Broadcasting: Mobile Television and Related Issues. 1-4.

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