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15. Can innovation occur without extensive research and development (R&D)?YesNo16. Is entrepreneurship about taking risks and embracing uncertainty?YesNo17. Does the innovation life cycle describe the stages of a product%u2019s evolution?YesNo18. Is creativity a key component of both innovation and design thinking?YesNo19. Does design thinking promote collaboration and creative problem-solving?YesNo20. Analyse the business case of Netflix and explain how Netflix used design thinking to reinvent itself, over and over.21. Analyse the business case of Airbnb and explain how design thinking transformed Airbnb from a failing startup to a billion-dollar business.1363 Frugal InnovationsYES NO YES NOYESNO YESNO YESNO
