Innovation Management and the better Mousetrap. A critical evaluation of Ralph Emmerson's work with reference to the complexity of today's business environment

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Anonym Innovation Management and the better Mousetrap. A critical evaluation of Ralph Emmerson's work with reference to the complexity of today's business environment
Anonym - Innovation Management and the better Mousetrap. A critical evaluation of Ralph Emmerson's work with reference to the complexity of today's business environment

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Description


Essay from the year 2014 in the subject Economics - Innovation economics, grade: 81%, University Of Wales Institute, Cardiff, course: Innovation Management, language: English, abstract: "If a man can write a better book, preach a better sermon, or make a better mousetrap than his neighbour, though he build his house in the woods, the world will make a beaten path to his door."

This famous statement coined by Ralph Waldo Emerson (1855) circumscribes metaphorically that superior products will attract the costumers with no need of marketing or other involvement in order to sell. Irrespective of the inventor's track of record or degree of popularity, people will hustle over to the inventor in order to buy the product.

This report will critically evaluate the validity of Emerson's statement especially taking into account the highly dynamic and complexity of today's business environment. Moreover the process of innovation incorporating a close analysis in terms of types of inventions, implementation processes and the significance of entrepreneurship and technology transfer will be considered when evaluating Emerson's statement.

Contributors

Author:
Anonym

Further information

Media Type:
Taschenbuch
Publisher:
GRIN Verlag
Language:
Englisch
Number of Pages:
28

Master Data

Product Type:
Paperback book
Release date:
24 July 2015
Package Dimensions:
0.21 x 0.148 x 0.002 m; 0.045 kg
GTIN:
09783668016651
DUIN:
JQVS257KG6U
£13.61
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