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"IT based innovation" means using Information Technologyrelated software/hardware (such as computers, routers, biometrics) to produce innovative methods of performing tasks etc.

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What are the components of information society?

The components of an information society typically include advanced technologies for communication and data processing, widespread access to the internet and digital resources, a knowledge-based economy, emphasis on information sharing and collaboration, and a reliance on information as a primary driver of innovation and economic growth.


What are the features of information age?

The information age is characterized by an abundance of digital data, rapid advancements in technology, increased connectivity through the internet, and a focus on knowledge-based economies. This era emphasizes the importance of acquiring, processing, and distributing information efficiently and effectively for various purposes such as communication, research, and innovation.


What is the meaning of knowledgegeable?

Knowledgeable means having a deep understanding or mastery of a particular subject or field. It implies possessing expertise or proficiency based on a strong foundation of information and experience.


What is the role of knowledge management systems in the enterprise?

Knowledge management systems in the enterprise help capture, store, and share knowledge within the organization. These systems enable employees to access relevant information quickly, improve collaboration, and make better decisions based on the available knowledge. They also help in preserving institutional knowledge and fostering a culture of continuous learning and innovation.


How information systems help use synergies core competencies and network based strategies to achieve competitive advantage?

Information systems help organizations leverage synergies by integrating data from various departments and functions to support collaborative decision-making. They enable the identification and utilization of core competencies by providing relevant information for strategic planning and resource allocation. Furthermore, information systems facilitate the implementation of network-based strategies by enhancing communication and coordination with external partners to create a competitive advantage through collaboration and innovation.

Related Questions

What is global innovation?

A Global Innovation System tries to build ranks for countries based on their innovations. The system is used to look at the business outcomes that resulted from innovation and the government's ability to encourage innovation from the public.


Difference between diffusion and innovation?

innovation means to invent something for the very first time and diffusion means to Spread those ideas, invention... to other groups


How are the service industry and postindustrial economy related?

Post-industrial means that it passes through, or dodges, a phase of society predominated by a manufacturing based economy and moves on to a structure of society based on the provision of information, innovation, finance, and services.


What are some unknown innovations?

How can you have an unknown innovation? Innovation means to make something new, ie to create a known from the unknown. So, by definition an innovation should be known.


Does innovation mean invention?

inovation means to invent something or an invention


What does Huawei mean?

huawei means focalization, innovation, stablization and hamonization


Why was the innovation of fighter jets important to the development of war strategy?

Innovation of fighter jets leads to advanced warfare. Innovated fighter jets means more safety features and that means less deaths.


How is high heels consider a innovation?

Well an innovation means something new, so i don't think that high heels are innovations.However there are new styles of high heels


Like a Victrola for the road Motorola was founded based on what Paul Galvin innovation?

Car Radio


What are examples of curriculum innovation?

A curriculm innovation is something new, like a new course, something that nobody have tried before. For example it could be trying a new way to make cars working, or a new means of transportation that nobody used before.


What is problem of tunnel innovation?

Tunnel innovation was great for providing tunnels through highways for the means of transportation. However, they become horribly congested, and are difficult to work on as there is no room to move.


What is the definition of tactical innovation?

Tactical innovation means to devise new and unique tactics or to improve existing tactics by introducing new ideas. Tactical innovation is an important attribute of field commander or an individual overseeing operations at any level in an organization.