Managing Innovation and Entrepreneurship (AL-803 (C)) - Important Questions
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Unit 27 Marks Medium Priority Asked: 2024, 2025
What is transfer of technology and explain the importance of technology transfer.
Core question on technology transfer; concept appears across years (2024, 2025).
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Unit 37 Marks Medium Priority Asked: 2024, 2025
Define open innovation and explain its challenges in business development.
Core open innovation topic appearing in multiple years and examined for challenges/types.
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Unit 27 Marks Medium Priority Asked: 2024, 2025
What is innovation process and explain steps in innovation process.
Fundamental question on the innovation process; repeated across papers (steps/types).
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Unit 47 Marks Medium Priority Asked: 2024, 2025
Define human centric innovation and explain its benefits.
Human-centred innovation is a repeated theme; asks definition and benefits.
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Unit 57 Marks Medium Priority Asked: 2024, 2025
Explain the types of metrics used for measuring innovation benefits.
Measures and metrics for innovation (financial and non-financial) recur in exams.
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Unit 17 Marks Low Priority Asked: 2025
What is entrepreneurship? And explain its characteristics.
Basic entrepreneurship definition and characteristics question (core foundation).
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Unit 17 Marks Low Priority Asked: 2025
Define process innovation? And explain benefits of process innovation.
Process innovation (definition and benefits) asked in 2025; core product/process topic.
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Unit 37 Marks Low Priority Asked: 2024
Mention and explain the steps in stage gate process.
Stage-Gate method fundamentals tested (steps in stage gate process).
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Unit 37 Marks Low Priority Asked: 2025
What is in-house business development? And explain innovation process for in-house business development in a company.
In-house business development and its innovation process examined in 2025.
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Unit 47 Marks Low Priority Asked: 2025
Define innovation strategy? And explain types of innovation strategies.
Innovation strategy definition and types are core strategic topics (examined 2025).
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Unit 17 Marks Low Priority Asked: 2025
What is competitive advantage? Explain creation of competitive advantage based on innovation.
Competitive advantage through innovation โ concept tested in 2025.
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Unit 27 Marks Low Priority Asked: 2025
Define innovation management? And explain creative methods used in innovation management.
Innovation management and creative methods; core management-level question (2025).
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Unit 47 Marks Low Priority Asked: 2025
Explain the process in selection of appropriate innovation strategy in business development.
Selection of appropriate innovation strategy for business development โ applied/decision topic (2025).
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Unit 57 Marks Low Priority Asked: 2025
What are the barriers to innovation in business? And explain how to overcome it.
Barriers to innovation in business and ways to overcome them; practical management topic (2025).
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Unit 24 Marks Low Priority Asked: 2025
Write about following: i) Six thinking Hats
Short-format question: Six Thinking Hats technique (examined as a sub-question in 2025).
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Unit 23 Marks Low Priority Asked: 2025
Write about following: ii) NUF Test
Short-format question: NUF Test (examined as a sub-question in 2025).
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