Innovation
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Transcript of Innovation
Dr. Pradeep Desai
S1:
Innovation
Technology and Innovation
Contents 1 Innovation
2 Types of Innovation
3 Diffusion of Innovation
4 The Chasm
5 Wrinkling the Chasm
6 Disruptive Innovation
7 References
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Innovation
Creativity is about unleashing the potential of the mind to conceive new ideas
Creative ideas can also be thought experiment in person’s mind
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Innovation is putting ideas into actions
Innovation is about introducing change into relatively stable systems. It’s also concerned with the work required to make an idea viable
Creativity is subjective, making it hard to measure.
Innovation is measurable.
Innovation
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Organisation can use innovation to apply its creative resources to design an appropriate solution and reap a return on its investment
Creativity in idea-creating seems to be not as much difficult as translating the ideas into reality
Types of Innovation
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Incremental Innovation
Disruptive Innovation
Radical Innovation
Product Innovation
Process Innovation
Technology Innovation
Business Innovation
Diffusion of Innovation
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The Chasm
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Wrinkling the Chasm
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Disruptive Innovation
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References
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Innovator’s Dilemma - Clayton M. Christensen
Crossing the Chasm - Geoffrey Moore