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I
THE CREATIVE PROCESS
1
• : A person discovers that a new
opportunity exists or a problem needs resolution.
•
1
: Described as the creation of a new product, service or
process. Something that has not been tried before.
•
2 process.
: The expansion of an existing product, service or a
TYPES OF INNOVATION
Step 4
Step 3
Commercial
Implementation
Application
THE INNOVATION PROCESS
•
1
: Carefully identifying the product or service
features, design as well as the resources that will be needed.
2
• : Obtaining the required resources, materials,
technology, human or capital resources.
TYPES OF INNOVATION
•
3 plans
: Applying the resources in order to accomplish the
•
CREATIVITY, INNOVATION AND ENTREPRENEURSHIP
A s s I g n m e n t #2