In a 1,200 word scholarly essay, analyse the development and installation of an eco- nomically (or socio-economically) significant disruptive innovation. Your essay should:
Provide a concise profile of an economically (or socio-economically) significant dis- ruptive innovation developed and relatively recently installed in the economy by an individual, firm, coalition, industry, community, region or country of your choice. Your profile must be supported by relevant data and statements obtained from properly cited credible sources.
Briefly explain the concept of economic disruption before describing why the inno- vation is disruptive and how it changed and/or continues to change economic value and behaviour in the Knowledge Based Economy (KBE).
Using relevant concepts, theories and language from the course, analyse the evolu- tion of the innovation from its pre-infancy to some well-argued likely next-decade state. Your analysis should, at minimum, consider the coevolving influence of the consumer, industry (supplier and competitor), financial and institutional environ- ments that supported or countervailed against the innovation’s progress along its lifecycle trajectory. Your analysis should clearly dissect and explain the role of the entrepreneurial function in manipulating, leveraging and overcoming relevant aspects of these conditions during the innovation’s (disruptive) installation in the economy.
Identify and discuss the role(s) of national and/or international public policy in supporting or hindering the diffusion and uptake of the innovation. Explain the intended reasons and actual consequences of these policies. Identify and explain at least one alternative policy that would lead to better socio-economic outcomes.
Conclude your essay with a critical reflection of the efficacy (explanatory strengths and weaknesses) of the scholarly theory or theories you employed in your case
1
Include a properly formatted References section (not a Bibliography) for all cita- tions employed.
Your essay must be saved as a pdf document and submitted via the Turnitin assign- ment folder on the ECON2540 Blackboard website by the due date and time.
1Note: students frequently under-perform by ignoring or providing a poor response to this requirement. The critical reflection is a crucial element of your assignment. Please consider this carefully before submit- ting your work.
analysis.
ECON2540 SEMESTER2, 2020
Note
Due to over-concentration in previous semesters and to too-readily available case material in both the academic literature and across the internet, studentsmust notanalyse internet social media, messaging, sharing economy or sales platforms (Facebook, WhatsApp, Twitter, WeChat, Weibo, Airbnb, Uber, Airtasker, Free- lancer, Amazon, Alibaba, eBay, etc.) unless a highly compelling case for doing so is presented to and approved by the Course Coordinator at least 4 weeks before the assignment’s due date.
Essay word count excludes Title page and References section word counts. Penal- ties apply if this is not within plus or minus 10% of 1,200 words.
Do not include appendices. This is an essay, not a report. Appendices will not be read or marked.
Try to upload your assignment at least a few hours before the deadline since Black- board and Turnitin system overloads can occur close to the deadline time.
Select and use a consistent standard formal citation and referencing style. Guide- lines for good techniques can be found in the School of EconomicsGuide for As- signment Presentationdocument. This can be downloaded from the Blackboard course assignment folder.
Marking Guidelines
The assignment will be graded on your performance in these areas:
Content: relevance to the above requirements, sound interpretation and under- standing of course-related theory.
Clarity and robustness of analysis and argument: logical thinking, clarity, concise- ness and coherence.
Fit of your theoretical model and analysis to the profiled disruptive innovation. Your work should be supported by, at minimum, three (3) scholarly references (peer-reviewed journal articles and/or scholarly monographs).
Citation and reference style: correct and consistent citation format in the body of your report; correct and consistent referencing format in the References section at the end of your essay.
The following problems will attract penalties:• Any degree of plagiarism. See section 6.1Assessment Related Policies and Guide-
linesin the ECON2540 Electronic Course Profile for further information on this. 2
Essay does not meet requirements: e.g., selected disruptive innovation and/or ana- lytical approach is not relevant to or falls outside the course scope; essay analyses internet social media, messaging, sharing economy or sales platforms (Facebook, WhatsApp, Twitter, WeChat, Weibo, Airbnb, Uber, Airtasker, Freelancer, Ama- zon, Alibaba, eBay, etc.) without Course Coordinator’s written approval at least 4 weeks before the assignment due date.
Writing style: incorrect grammar or spelling, long or disconnected sentences, inco- herence, over-use of quoted material, sloppiness (inattention to detail), etc.
Poorly or ineffectively organised essay, unclear or illogical flow of ideas, ineffective, badly composed or unclear analysis or arguments.
Improper or missing citations or references. Note that it is crucial toavoid claiming thingsunless they are supported by facts or conclusions from reputable scholarly sources. Except for commonly accepted ideas, you will need to cite every claim you make. Your essay will be penalised for presenting opinions (unsupported, uncited claims).
Including a Bibliography rather than a References section. Enter“references sec- tion vs bibliography”into your favourite internet search engine to discover the difference.
Word count outside stipulated allowances (seeNotesection, above).
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