How can organizations create an environment that encourages and rewards risk-taking, a critical element of successful innovation?

What type of innovation would you say is the electric car (incremental, modular or radical)? Why?

Discuss the main challenges related to managing innovation.

Explain the concept of the "innovator's dilemma" in the context of disruptive innovation and its implications for established business models.

Does innovation thrive best under market forces, or are non-market forces the way to go? Why or Why not

a) What are the benefits of organisations embracing innovation? b) What are some specific examples of innovations that the tourism and hospitality industries can adopt during the Covid-19 pandemic, and what are the advantages and disadvantages of these innovations currently?

Discuss the role of innovation in evolving and adapting business models over time. Provide case studies of companies that have innovated successfully in this regard.

Discuss the advantages of innovation management in business .

What are the key considerations in selecting and implementing innovation management tools?

Explain the concept and process of Disruptive Innovation. Discuss the key requisites for an innovation to be disruptive, and to illustrate the four steps in the process of disruptive innovation.