Samsung Innovation Strategy

1065 Words5 Pages

Question one:-

R&D is a set of processes for creating a firm’s technologies internally there are two main goals for R&D first doing research to generate new knowledge and technical ideas to enhance new products or services and manufacturing processes, second development activities that transform ideas into actual product and services for manufacturing and distribution and use.

ROLE OF INNOVATION OF TECHNOLOGY is Technology plays a part in innovation, but not in the way that many people think. For the common person, technology has no value on its own. To make a difference, it has to be appropriately applied to solve specific problems or meet certain goals as defined by your business or your customer. To maximize the value of that difference, …show more content…

The company employs about 18,600 people in research and development according to its latest annual report, and most of its R&D costs go into staffing and personnel support. According to Google's annual report, "our product development philosophy is to launch innovative products early and often, and then iterate rapidly to make those products even better."

Question Two:-

First Research and Development: R&D is at the heart of everything Samsung does. Ongoing investment in our collaborative global research network plays a critical role in our ability to innovate products today that will enrich people’s lives tomorrow.

Second the employees: Samsung’s team of researchers and engineers include over 50,000 employees across 42 global research facilities each one collaborating on strategic technologies to forge new market trends and set new standards of excellence.

Third Organization: Samsung’s R&D organization consists of three layers and there is first The Samsung Advanced Institute of Technology (SAIT), SAIT identifies growth engines for the future and oversees the securing and management of technology.
Second R&D Centers and this is our global R&D centers for each business area focus on technology that is expected to deliver the most promising long-term …show more content…

Toyota yaris styling first euro inspired exterior, second sport styled interior, third leather trimmed steering wheel and shift lever.
Toyota yaris technology first Bluetooth hands free phone capabilities and music streaming, second USB and AUX, third AM and FM player with HD radio technology, fourth steering wheel mounted audio controls, fifth yaris entune audio.
Toyota yaris smart space first 15.6 cu. ft. cargo, second 3 or 5 doors, third storage compartments, fourth 60/40 split.
Toyota yaris smart size performer first maneuverable and fun, second good visibility, third easy to park, fourth MPG.
Toyota yaris safety first nine airbags, second star safety system, third driver and front passenger whiplash injury lessening seats, fourth tire pressure monitor system, fifth child safety seat restraints, last one peace of mind with every new vehicle.

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