following the below

This assignment has been developed to help you better understand the characteristics of an innovation and how they influence an innovation’s rate of adoption.

The module includes your instructions, a video which you are to view, a place to submit your written assignment, and a grading rubric.

Video

View the video below. It is a presentation by Pattie Maes, an MIT researcher in the field of Augmented Reality, who discusses how a person’s experience with their surroundings might be augmented with relevant digital information. (Note: View the initial 25 minutes before the Q & A session begins.)

https://sorrell.mediasite.com/mediasite/Play/dfad0…

Written Assignment

Come up with an idea for a new product that would provide relevant digital information to a person in some situation. Pattie Maespresented several examples in the video. Next, clearly explain the benefits your new product would provide to a group of consumers and how it would be better than what they currently use/do.

Finally, discuss how you think the success of your new product would be influenced by each of the five characteristics of an innovation (i.e., relative advantage, compatibility, complexity, divisibility, and communicability). (Note: Review both Chapter 20 of the Kotler & Keller textbook and the grading rubric as you prepare your written assignment.)

Your written assignment should be no more than 2 pages long, not including any citations. In terms of format, it should be single-spaced on standard-sized paper (8.5″ x 11″) with 1″ margins on all sides. Your submission should use a highly readable font (12 pt. Times New Roman font). Your written assignment should reflect proper grammar, spelling, and style. Any source citations should use APA formatting. A grading rubric is provided. Submit in Canvas

Rubric

Innovation Assignment Rubric

Criteria

Ratings

Pts

This criterion is linked to a Learning OutcomeDevelopment

3.0 ptsClearly identifies and develops all ideas/themes

2.0 ptsIdentifies and develops most ideas/themes

1.0 ptsIdentifies and develops few ideas/themes

3.0pts

This criterion is linked to a Learning OutcomeOrganization

3.0 ptsFully and consistently organizes ideas

2.0 ptsIdeas mostly organized

1.0 ptsFails to organize ideas

3.0pts

This criterion is linked to a Learning OutcomeQuality of Response

3.0 ptsConclusion(s) clear and fully supported by sound reasoning

2.0 ptsConclusion(s) mostly clear and somewhat supported by reasoning

1.0 ptsConclusion(s) unclear and unsupported by reasoning

3.0pts

This criterion is linked to a Learning OutcomeMechanics

3.0 ptsMarginal

Writing shows mastery in grammar/spelling (think 0 or 1 error)

2.0 ptsWriting shows proficiency in grammar/spelling (think 2 or 3 errors)

1.0 ptsWriting fails to show proficiency in grammar/spelling (think >4 errors)

3.0pts

Total Points: 12.0

https://youtu.be/qF3F5HY_7SE

Solution Preview

Innovation

Over the years, the world has become a global world as a result of digitization. Notably, products and applications have been invented in order to solve real-time problems (Hatch, 2014). Particularly, industrial innovation has had a positive effect in the global world since companies are able to maximize on their product compatibility and delivery, a factor that has brought about customer delivery (Drucker, 2014). However the innovation done in almost all aspects of life namely economic, social, political and personal, there is a need and urgency of more innovation giving a chance to new technological innovation that will aid in solving different situations.

(715 words)