What is innovation? Give a definition for innovation.

The Task and Instructions

Write a 1300-word report on a case study. The case study is the innovation of the YikeBike.There is three parts to the report and a conclusion. Please use the provided headings and sub headings, and answer the question under each heading.
Use books, journals and published work for the research.
Up to 20 references can be used.
Harvard referencing must be used.

Part 1(400 to 450 words)

The YikeBike as an innovation (main heading)

What is innovation?
Give a definition for innovation.

What are the sources of innovation?
What is the innovation frame?
Define the following sources of innovation:
• Material things
• People
• Context
Explain how the above-mentioned sources influenced the Innovation of the YikeBike.

Technology push and Market pull
• What is technology push?Give explanation
• What is market pull?Give explanation
How did the above-mentioned concepts influence the innovation of the YikeBike?
(Use the publications of Joseph Schumpeter in conjunction with any other publications)

Level of Innovation
Define the following concepts
• Architectural innovation
• Component innovation
Which of the above-mentioned concepts fits the YikeBike innovation?
Explain the answers

Degree of novelty
Define the following concepts:
• Incremental innovation
• Radical innovation
• Sustaining innovation
• Disruptive innovation
Which of the above-mentioned concepts fits the YikeBike innovation?
Explain the answers

Part 2(up to 300 words)

Is the YikeBike a product, service or system innovation?(Main heading)

Product innovation
Define a product innovation

Service Innovation
Define a service innovation

System Innovation
Define a system innovation

The YikeBike as a product innovation
Explain why the YikeBike is a product innovation

(Use examples, evidence and references)

Part 3(up to 600 words)

Diffusion(main heading)

Widespread diffusion
What is the potential for the widespread diffusion of the YikeBike?

Factors for the adoption and use of the YikeBike
Explain how the following factors can determine, the YikeBike’s adoption and use:
• Characteristics of the innovation
• Characteristics of the customer
(Use the publications of Everett Rogers in conjunction of any other publications)

Does these factors suggests that a change is needed to the innovation, for widespread diffusion of the YikeBike? (Give an explanation)

(Give examples or evidence and references for each answer)

Conclusion(Main heading)
What does the future hold for the YikeBike?

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