Inventions and Innovations

Table of Contents
INTRODUCTION.................................................................................................................... 3
MAJOR FINDINGS................................................................................................................ 4
1. Inventions and innovations.....................................................................................4
1.1. Invention........................................................................................................4
1.2. Innovation......................................................................................................4
1.3. Comparre invention of technological, major innovation and minor
innovation.................................................................................................................... 4
2. Theory of Von Hippel and functional sources of innovation:....................................7
2.1. The theory of Von Hipple..............................................................................7
2.2. Evaluate how these sources of innovation help the firm to generate new-
product innovations....................................................................................................7
3. Technology push and Demand Pull........................................................................8
3.1. Definition of demand pull and technology push.........................................8
3.2. Using the models of demand-pull and/or technological push...................8
3.3. The interaction of technology and business performance in making
Ford's Model T............................................................................................................. 9
4. Vision, leadership, culture of Ford...........................................................................9
5. Analyze the competition between Ford’ Model T and Morris Motors’ cars.............10
5.1. The S-curves...............................................................................................11
5.2. The performance of Ford’s Model T..................................................................11
5.3. Rival technology.................................................................................................12
5.4. Did Ford still enjoy performance or cost advantage?.....................................12
5.4. 4Ps innovation of Ford.......................................................................................13
5.5. Innovation funnel of Ford..................................................................................13
6. The success of Ford and frugal innovation...........................................................15
6.1. The success of Ford...................................................................................15
6.2. Technology innovation management of Ford...........................................15
6.3. Frugal innovation........................................................................................15
CONCLUSION..................................................................................................................... 17
REFERENCES..................................................................................................................... 18

INTRODUCTION
This paper will provide an overview of the automobile industry's evolution from the beginning
to the present. Furthermore, the distinction between invention and creativity, as well as other
forms of innovation, are discussed in this paper. Rivals in the automotive business are also
scrutinized.
MAJOR FINDINGS
1. Inventions and innovations
1.1. Invention

According to Schumpeter (1934), invention is described as the systematic
transformation of novel ideas into technology. Furthermore, invention refers to the
process of developing a product or service that is distinct from what is already available
(Miettinen, 1996).
1.2. Innovation
Innovation is defined as the transformation of previously unmarketable ideas into
commercially viable products (Schumpeter, 1934).
1.3. Comparre invention of technological, major innovation
and minor innovation
 Invention of technology breakthroughts: are invention-based inventions that serve
as the foundation for a wide range of following technical advancements (Kerr, 2009).
 Major innovation: is a business concept that aims to fully demolish and replace a
current industry or develop an entirely new one (Peter, D., 1985). When they were
originally brought to the market, great innovations seldom reached their full potential
(Taylor, 2017).
 Minor/ incremental innovation: refers to the little adjustments made to a product in
order to improve performance, decrease costs, and expand the product's desirable
qualities (Norman and Verganti, 2014).
Time Name /
Description Description Invention Innovation Inventor/
Innovator
Types of
innovation
1859
The internal
combustion engine
was improved.
Boats, railroads, and
bicycles were the first
vehicles to use internal
combustion engines,
which eventually
replaced steam engines
(situation, 3)
x Frenchma
n Lenoir
1869
Celluloid (a
commercial
success)
The majority of today's
plastics are made from
polymers, which are
once again the principal
raw material (situation,
7).
x J.W. Hyatt Major
Innovation
1896 First ‘horseless
carriage’
The name given to a car
or motor vehicle when it
was first manufactured
x Henry
Ford