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Product and process innovation. A product innovation is the introduction of a good or service that is new or has significantly
improved characteristics or intended uses; a process innovation refers to the implementation of a new or significantly improved
production or delivery method.
Idea Generation and Mobilization. New ideas are created during idea generation. ...
Advocacy and Screening. Not all ideas are worth implementing. ...
Experimentation. ...
Commercialization. ...
Systematic innovation is the process of methodically analyzing and solving problems with a primary focus on identifying the
correct problem to be solved and then generating innovative solution concepts free from mental inertia. ... Therefore it is
generally believed that innovation is a gift and cannot be taught.
For this post, let's break down innovation into two dimensions: Technology and Market, which gives us the following 4 types
of innovation:
Incremental Innovation. Incremental Innovation is the most common form of innovation. ...
Radical innovation.
The five innovation models are:
Employee innovation
Customer innovation
Partner/supplier innovation
Competitor innovation
Public innovation.