Define linear model of innovation. Whether new knowledge is a public good or not in the context of the linear model of innovation? Why?
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What is the definition of cluster? Why do companies making location decisions tend to cluster? How can cluster stimulate or hinder innovation? Explain based on your understanding.
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What is the economic (rank) model of diffusion? What are the possible factors that encourage or hinder the diffusion or adoption of innovation? Which types of consumers may speed up innovation diffusion?
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What is the role of knowledge in the context of the decentralization and centralization debate? What is the multidivisional organizational structure and its connection to decentralization and multi-tasking? What is the recent trend towards a flatter hierarchical structure in organizations?
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