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Critical Thinking Questions
Case 4-1
Your friends know that you understand a lot about computers, both the technical details of how they operate as well as information about software. Lately, with all of the concerns about copyright infringement, friends have started to ask you about categories of application software and what each kind permits.
-Christine is looking for desktop publishing software that is available for no cost. She is not concerned if the application is a scaled-down version of the fully functional product. What category of software will you recommend as a good match for her?
Closed Innovation
An innovation approach where all research and development processes are conducted internally within a firm, with little or no input from external sources.
Broadcasting
The distribution of audio or visual content to a dispersed audience via any electronic mass communications medium, traditionally encompassing television, radio, and the internet.
Open Innovation
A business model that encourages companies to use both internal and external ideas and paths to market when advancing their technology.
Crowdsourcing
The practice of obtaining ideas, services, or content by soliciting contributions from a large group of people, typically from an online community.
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