Assignent Solutionnurs

Entrepreneurship
and Innovation
Assessment Description
The purpose of this assignment is
to identify and research a potential problem that technology could help to
solve. The ultimate goal is to imagine where technology will be in 18-36 months
and how it will solve problems. Technology is constantly growing exponentially.
As entrepreneurs, you have opportunities to use this technology to solve grand
problems within the world that would better the human condition.
Part 1
Identify at least three
innovations that are currently disrupting an existing market. Write a 250-word
summary (750 words total) describing each innovation, how it is changing the
market, and the benefit it will provide. Include the following items:
Describe the innovation and how it
is disrupting the market.
Explain what benefit the innovation
provides.
Describe what barriers limit the
adoption of this new technology.
Explain how many people are
affected by the problem.
Part 2
Write about three future potential
disruptions. Identify at least three new technologies, such as artificial
intelligence (AI), robotics, social media aggregation, self-driving cars, or
improved battery technology, that could disrupt a market in the future and
improve the human condition. Examples of how a technology change could impact
existing markets include:
Significant reduction in cost.
New way of delivering a product or
service.
Improved service.
Product performance improvements.
Write three descriptions, one for
each of the new technologies. Each of the three descriptions should be 250
words (750 words total) addressing the following three items:
Describe the innovation.
Describe the market and explain
how it is changing.
Explain how the innovation will
disrupt the market.
Explain the benefit it will be
providing to customers.