What is the relation of technology and innovation to the


Please provide a brief explanation/example for each.

1. What is the relation of technology and innovation to the value equation?

2. What must product and process innovation each accomplish to be successful?

3. What is the typical trajectory of technical innovation?

4. How do technologies succeed one another?- and - Why is this important for managers to understand?

5. What patterns of technological innovation have been observed in history? – and Why is this important for managers?

6. What is chaos theory and how does it relate to patterns of innovation?

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