2. Lecture content
Innovation types:
Depending on change type. - 4 types
Depending on application area - 10 types
(TEN TYPES OF INNOVATION - THE BUILDING BLOCKS OF BREAKTHROUGHS)
3. 4 types innovation
Your business can take a number of different
approaches to innovation. Usually, this will
depend on how much time and money you
have available and what your business
strategy is. These approaches can be part of
a continuous cycle or employed on a more
ad-hoc basis, depending on your needs.
5. 4 types innovation –
Breakthrough
Breakthrough or
radical innovation
creating a completely
new process or product
in response to a market
need or opportunity
DIFFICULT TO BE CREATED. WHY?
Lack of resources
Lack of laser-like focus
Lack of a detailed understanding of the end
user
Lack of required technical competencies