Research Indicates That the Most Significant and Profitable Innovations That

question 31

Essay

Research indicates that the most significant and profitable innovations that many leading-edge firms have introduced in the past decade emerged from an informal championing effort rather than from a highly-structured planning system. What implications does this raise for structuring the new product development process, for motivating and rewarding employees, and for nurturing creativity and risk-taking?

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Definitions:

Romanian Orphans

Refers to children who were institutionalized in overcrowded, underfunded Romanian orphanages during Nicolae Ceaușescu's regime, studied for the impacts of deprivation and social neglect.

Zones of Proximal Development

The difference between what learners can do without help and what they can achieve with guidance and encouragement from a skilled partner.

Lev Vygotsky

Lev Vygotsky was a Russian psychologist who contributed significantly to developmental psychology, especially known for his theories on cultural-historical psychology and the zone of proximal development.

Deferred Imitation

A cognitive behavior observed in children, where they are able to replicate an action after a delay, demonstrating memory and understanding of the behavior.