What are the goals of the compression approach to innovation?
A)speed,lower costs,and incremental change of dominant design
B)the development of milestones and the comparison of actual milestones with forecasts
C)the establishment of a dominant design and speed
D)absolute-time management and the creation of a dominant design

Question

What are the goals of the compression approach to innovation?
A)speed,lower costs,and incremental change of dominant design  
B)the development of milestones and the comparison of actual milestones with forecasts  
C)the establishment of a dominant design and speed  
D)absolute-time management and the creation of a dominant design

Quizplus · Accepted Answer

The compression approach to innovation aims to achieve speed, lower costs, and incremental change of dominant design. This approach involves compressing the time it takes to develop and bring a new product to market, reducing costs throughout the process, and making small improvements to an existing dominant design rather than introducing a radical new design. Option B relates to milestone planning, C relates to establishing a dominant design, and D refers to time management and dominant design creation, but none of these fully captures the goals of the compression approach.

What Are the Goals of the Compression Approach to Innovation