Final exam Assignment Example | Topics and Well Written Essays - 1000 words - 3

Final exam - Assignment Example The second innovation is Google Glasses that is creative as it performs many functions that are similar to the iPhone and Android but the method of use is better and more effective. They were created by Google’s X Lab owing to the numerous complaints about Smart Phones. The major investors behind the innovation are John Doerr of Kleiner Perkins Caufield & Byers, John Doerr of Kleiner Perkins Caufield and Bill Maris of Google Ventures (Loth).This new innovation can transform the world by increasing the speed of transactions. The third innovation is the hybrid car technology that was invented in the 19th century. The innovation was introduced by Jacob Lohner whose main aim was to minimize the unpleasant smells and noises produced by regular automobiles. This idea faded away but Toyota brought it back in 1997 with the introduction of their Prius model in 1997 (Berman, 2007). This model is aimed at address important issues such as global warming and pollution. Question 1(c) Innova tion has been in existence for the longest time in history. It takes place when people come up with better ad innovative ways of doing things thereby coming up with solutions to existing problems. Innovation can be in different forms from product to service development. It should be taught and practiced in classes and firms that promote entrepreneurship. Question 2: Unmet Need Analysis Question 2 (a) One of my classmates came up with an innovation that is based on innovation of a hybrid car system. The major issues facing implantation of the innovation is that fuel is readily available in Saudi Arabia and hybrid cars are more expensive. On the other hand, my project is aimed at improving the livelihood of poor anglers by providing an efficient and affordable way of fishing and is already being used in various parts of the world. Question 2 (b) Implementation of this innovation in Saudi Arabia would be difficult as the country is a crude oil supplier, therefore, fuel is always availa ble. Secondly, convincing the audience to purchase a relatively expensive car will be hard. Question 3: Entrepreneurial Role Models Question 3 (a) I learnt about different entrepreneurs last semester however, two of the most influential entrepreneurs are Richard Branson and Donald Trump. Richard Branson is one of the most influential entrepreneurs in the modern times and has led Virgin Group to be one of the most competitive companies in the airline sector (Dearlove 69). Branson is not only the CEO of the Virgin Group but also acts the company’s brand as he features in advertising and television shows. Donald Trump is evidently the most successful entrepreneur in the US and world over (Dearlove 69). He is a business genius who succeeds in everything he does. His name also has a positive impact on the company’s brand. Question 3 (b) These entrepreneurs show Bower’s entrepreneurial patterns of behavior including creativity, the ability to think come up with soluti ons that are outside the box, the ability to take strategic risks and the ability to bounce back from failure (Bowers 45). Branson is a risk taker whose risks have paid off through the successful business ventures. Branson shows the delusion of grandeur pattern that is stated in Bower’s pattern. He always aims to reach the sky even when the targets appear to be too much. He challenges himself and those who work for him to

Devolution Essay Example | Topics and Well Written Essays - 2500 words

Devolution - Essay Example Regional or local governments who get the power of home rule may also get some legal powers to have their own legislative framework and legal rules which they can apply to their region exclusively. In the United Kingdom, a case of devolution in seen in the 1997 referenda in Wales and Scotland when a devolved or regional government was created and this was followed by the establishment of Scottish Parliament, National Assembly for Wales, Northern Ireland Assembly and Greater London Assembly in 1999 (see O'Neill 2004; Trench 2004). The proposals for a devolved state in Wales and Scotland were made in 1979 although the actual implementation of such a proposal could only be made two decades later. However there have been no devolved governments or devolution within England as the Labour government faced defeat in their proposals for a devolved regional government in North East England in 2004. Since then there have been no successful plans of devolution or formation of local and regional governments within England and all are failed plans. Apart from Wales and Scotland, there has been a system of home rule in the US as District of Columbia represents a regional and devolved government and is under the sole control of the United States Congress and the district government was created by statute. ... Fothergill discusses three government reports to argue that the new directions set by the Labour government do not take account of the accumulated knowledge or even the long history and background of the UK regional policy, Thus the regional policies which are already existing have serious lessons to impart which the new approach of Labour government seems to be overlooking or ignoring. The paper further states that, 'The new approach (of Labour) also prioritizes the devolution of decision-making over positive discrimination from the centre in favour of less prosperous areas'. Thus devolution has become not just a means of constitutional settlement but a dynamic process of change with possible uncertain consequences. In the later part of the analysis we will consider the process of devolution using case studies, examples and research reports. Implications of Devolution Even following devolution, there are many issues and concerns that are applicable to devolved governments. Elliott et al (2005) write that public sector pay is of critical concerns to governments of Westminster and Edinburgh. Public sector pay accounts for the major part of the government's expenditure and when not controlled by the central government, may have to be controlled according to budget in case of regional or devolved governments. The quality and range of services provided by the public sector is largely dependent on this pay controlled by the government. Within the UK, there is a national rate of pay that may not be sensitive to labour market conditions. However many recent changes have been made and consequently in Scotland there have been pay scale revisions and "public sector