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Recognize the dynamics and the importance of managing technological innovation strategically. (LO-1)
Explain of the concepts, models for formulating strategies, defining the organizational strategic directions and crafting a deployment strategy.(LO-3)
Assignment Marks: 10
Students are requested to read chapter 9 "Protecting Innovation" from their book Strategic Management of Technological Innovation.
Based on the conceptual knowledge and understanding obtained from the readings -
Section 1: Theoretical Foundations
Q1. Explain the concept of intellectual property (IP) and its importance in protecting innovations.
Q2. Differentiate between patents, copyrights, trademarks, and trade secrets, providing an example of what each might protect in the realm of technological innovation.
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