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Did you know that there is a global innovation ranking for each country? What do you think is the
rank of the Philippines for the past few years?
Innovation Engineering is characterized as a technique for taking care of innovation and business issues
for associations who need to innovate, adjust, as well as enter new markets utilizing aptitude in
emerging technologies (for example, information, AI, framework engineering, blockchain), innovation
plans of action, advancement culture, and high-performing systems.
The Innovation Engineering process is presented in a diagram by Sidhu (2019) as shown below. This
straightforward procedure can be applicable in an organizational setting. The graph below shows a
procedure stream for Innovation Engineering with more prominent detail and in a more extensive
setting. The stream outlines that compelling ventures start consistently with a story or account. This
story is commonly founded on perceptions of changes on the planet. Whenever an innovation endeavor
does not begin with a narrative, it is barely characterized and has a tendency to go off target.
Technology-Adoption Curves
The adoption of technologies follows an S-shaped curve. The subsequent curve refers to the ascent of
another innovation that will replace the primary innovation in the market. The innovation reception S-
curve as shown below starts with a creation. In the early portion of the curve when the innovation is
new and immature, the market is small. It is constrained to a few early adopters and little specialty
markets. As an innovation develops and arrives at the standard, organizations enter a period of quick
development. They center around rivalry with different organizations, improve their items to meet
advancing client needs, and accelerate their pace of overall industry. At the market top, there is
frequently unite for a piece of the pie and economies of scale. At the point when a market saturates,
organizations search for other development openings (Stefik and Stefick, 2006).
As innovation cycles go on and on, innovations develop and leave more space at the base. No
organization or nation can hope to overwhelm a specific innovation uncertainly. Advancements either
move away to different areas or are displaced by the next big thing. What makes another open door at
the base is the interest in the following round of developments. (Stefik and Stefick, 2006).
ACTIVITY:
Write a short reflection of at least two paragraphs discussing the importance of the engineering
innovation process in solving technical problems. See the rubrics provided as your reference.
In summary,
• Innovation Engineering is characterized as a technique for taking care of innovation and
business issues for associations who need to innovate, adjust, as well as enter new markets
utilizing aptitude in emerging technologies.
• Innovative engineering design methods apply to new procedures, frameworks, and
administrations, just as to new products. Engineering design is a social procedure that starts
with an opportunity (an issue) that is settled over an inquiry-driven divergent procedure.
• Technology-adoption curves uncover the business conditions that shape how an organization
sees its requirement for innovation.
REFERENCES:
House of Bots. (2018, August 13). Technologies and Applications of Artificial Intelligence.
https://www.houseofbots.com/news-detail/12321-1-technologies-and-applications-of-
artificial-intelligence
Ozgur, E. (2004). Effective Inquiry for Innovative Engineering Design, Boston: Kluwer Academic
Publishers.
Stefik, M., Stefik, B. (2006). Breakthrough: Stories and Strategies of Radical Innovation. The MIT
Press. Massachusetts, London, England.
Ulrich, K.T., Eppinger, S.D. (2004). Product Design and Development, 4th edition, Boston: McGraw–
Hill.