Remove Disruption Remove Engagement Remove Radical Innovation Remove Travel
article thumbnail

The Ten Types of Innovation

Destination Innovation

Incremental innovation is an improvement in an existing thing (e.g. Radical innovation is finding an entirely new way of doing something. For example if you had been making spectacles in the 1950s then plastic lenses instead of glass lenses would have been an incremental innovation. product, process or service).

article thumbnail

The Many Types of Innovation

Destination Innovation

Incremental innovation is an improvement in an existing thing (e.g. Radical innovation is finding an entirely new way of doing something. For example if you had been making spectacles in the 1950s then plastic lenses instead of glass lenses would have been an incremental innovation. product, process or service).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

We need to transform, be disrupted or certainly re-imagine and this is where knowing your ecosystem comes in. Our existing organization needs to envisage a changing world full of disruption that calls for radical change. Welcome to the transforming world of Innovation Ecosystems. The Status Quo is history.

article thumbnail

The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

We need to transform, be disrupted or certainly re-imagine and this is where knowing your ecosystem comes in. Our existing organization needs to envisage a changing world full of disruption that calls for radical change. Welcome to the transforming world of Innovation Ecosystems. Innovation ecosystems become essential.

article thumbnail

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models. Platform business models tend to affect, oftentimes disrupt, multiple industries over time.

article thumbnail

15 most important Innovation Theories your company should be using

Idea to Value

Suggested viewing: 12 – Disruptive Innovation. What it is: One of the most important theories of innovation, but one which is usually completely misunderstood. This might seem like a strange thing to say, but the most important thing to realise about Disruptive Innovation is that most people completely misinterpret it.

Company 248
article thumbnail

Davos Innovation Analysis: Will The Fourth Industrial Revolution lead to Households as employers?

Innovation 360 Group

Moreover, technological innovation will also lead to more reuse and less waste of material and energy due to economical reasons and social demands. At the same time, as the economists Erik Brynjolfsson and Andrew McAfee have pointed out, the revolution could yield greater inequality, particularly in its potential to disrupt labor markets.