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Organizations cannot afford to innovate at random. They need some kind of framework which helps them allocate scarce resources to a portfolio of innovation projects.

Organizations cannot afford to innovate at random. They need some kind of framework which helps them allocate scarce resources to a portfolio of innovation projects. Which of the following is NOT true about selecting innovation projects? Question 3Answer a. Uncertainty increases during the life of an innovation project. b. Financial measures are one way to judge innovation projects. c. The innovation funnel is a framework for thinking about stages in the innovation process, which helps organizations make and review decisions about resource commitment. d. A bubble chart is a graphical method for comparing risks and rewards in different innovation projects. e. In innovation management, the challenge is to invest in acquiring early knowledge through technological research and development, market research, competitor analysis, trendspotting and a host of other mechanisms to get early information to support decision-making

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