How would you ensure that companys innovation value chain

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Reference no: EM133501001

Problem

Investcap is a medium size enterprise specialising in the manufacturing of appliances such as washing machines, microwaves, stoves, dishwashers, fridges etc. using recycled material which is line with their mission, vision and strategic objectives which are centred on reducing the carbon emission due to the threat of the climate and adhering to the reduction of green house emissions.

While these entrepreneurs acknowledge the digital transformation and the realisation of the game-changing winds of change such as AI, algorithms, block chain, Chat GPT within the context of Web 4.0 and the Fourth Industrial Revolution. They should strive to be adaptive, nimble while competitive and continue to maximise profits and sustainability of the enterprises.

Question I: Against this background at the Investcap Inc., as a Chief Executive Officer you are required to explain how the company could successfully execute their disruptivebusiness model with its sub components based on the Ireland and Berringer Business Model Template. You are also required to provide practical examples showcasing your affinity to green technological culture.

Question II: As the Chief Innovation Manager of Investcap, how would you ensure that the company's innovation value chain is optimised with the specific reference to the Characteristics of Three Types of Open Innovation Processes and support your argument of each characteristics and practical examples?

Reference no: EM133501001

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