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Managing Technology And Innovation (Entr 542) Question Paper

Managing Technology And Innovation (Entr 542) 

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2012



TIME: 3 HOURS
INSTRUCTIONS:
Answer Question ONE and any Other THREE Questions
Question One
CASE STUDY
POINT AUTOMATED TELLER MACHINES (ATMS)
The big four banks in Kenya: Barclays Bank, Standard Chartered Bank, Kenya Commercial Bank and National Bank wee the first to introduce automated teller machines (ATMs). There are also smaller banks and development financial institutions that provide banking services and would like to operate ATMs. The cost of purchasing and running them is too expensive for these medium, banks and PFIs. There was need therefore to look for a method to serve this small niche of the market of firms wanting to own and operate an ATM.
A group of investors in 2005 decided to invest on Pesa point venture that would pool together resources of small banks and other DFIS to purchase ATM and run them on a joint venture basis. Pesa point became operational in March 2005 and is based on sharing the use of automated teller machines (ATMs). Within one and half years the firm had grown and spread its operations into 110 ATMs.
Major towns in the country. By December, 2006 Pesa point had allowed small banks that do not have ATMs or that cannot afford to operate one contribute and become a share holder. It also allowed big banks like National Bank to have access to their ATM in remote areas. Pesa Point seems to be having a bright future, depending on the support of its clients and shareholders.
a) How was Pesa point established and how was it supported later by other DFIs? (10marks)

b) Why do you think big banks would like to continue operating ATMs rather than sharing? (10marks)

c) Suggest ways through which Pesa point can be commercialized.
(10marks)

Question Two
Evaluate what Kenya is doing to commercialize its innovations in the global market. (20marks)

Question Three
Discuss the role of Kenya`s political leadership in globalization. (20marks)

Question Four
With examples analyze the impact of intellectual property rights in global
markets. (20marks)

Question Five
Recommend to an organization how they can promote creativity and
innovation. (20marks)

Question Six
Discuss the hindrances to technological transfer outlining how they can be
overcome? (20marks)






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