Categories of innovation

Forms of innovation - use of application of the innovation.

• 3 applications

  • product, process, service innovations.

Degree of novelty - associated with the innovation.

Forms of Innovation

1. PRODUCT INNOVATION

   • making valuable changes to physical products.

   • appear large in the public imagination.

2. INCREMENTAL IMPROVEMENTS

   • Products must be incrementally improved or adjusted as problems are identified in product, service or new requirements demand emerges.

3. PRODUCT FAMILIES

   • vital work of product design team to keep on adding products to the product families.

4. NEXT-GENERATION PRODUCTS

   • main activities of the product design team is to work and produce.

5. NEW CORE PRODUCTS

   • work on designing radical new products or new core products that expand the portfolio significantly and often involve radically new processes to create them.

6. SERIVCE INNOVATIONS

   • form of a new method of providing a service. entirely new service.

7. PROCESS INNOVATIONS

   • intro of a new or improved method for the production that adds value to the organization.

Typology of innovation

Incremental innovations

• refines and improves and existing design.

• improvements not changes, the components are not fundamentally changed.

Radical innovation

• developing a new design by using new components configured and incorporated into the design in a new way.

Modular innovation

• architecture and configuration associated with he existing system of an established product are used and it employs new components.

Architectural innovation

• changes in the subsystem.

Stages of innovation

Stage 1: idea generation

• providing freedom to explore new ideas.

Stage 2: Advocacy and screening

• weed out ideas that lack potential.

Stage 3: Experimentation

• tests sustainability of ideas for particular organization.

Stage 4: Commercialization

• “an invention is considered an innovation only once it has been commercialized.”

Stage 5: Diffusion and Implementation

• diffusion gains final recognition of a innovation

• implementation setts up the structures, maintenance and resources.

Innovation process

step 1: innovation starts with a problem.

step 2: transform the problem into a challenge.

step 3: challenge others to give suggestive solutions.

step 4: collaborative idea generation.

step 5: combine and evaluate ideas.

step 6: develop the new ideas.

step 7: implementing the idea.