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12 Types of Innovation You Should Know in 2021

IdeaScale

It seems like new innovation types arrive at the scene all of the time, leaving people reaching for Google to get up to speed. Whether you’re new to innovation or have years under your belt, this simple guide that explains the different types might help. Open Innovation. Closed Innovation. Social Innovation.

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Intrapreneurs

eZassi

Embrace failure and learning: Understand that not all ideas will succeed, and failure is a part of the innovation process. Open innovation – Ideas gathered within an organization as well as through external sources such as vendors, customers, universities, and startups.

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15 most important Innovation Theories your company should be using

Idea to Value

10 – Open Innovation, Crowdsourcing and Idea Management. What it is: Going by many names, this is the process by which a company can set a challenge that they want ideas for, and gather ideas from hundreds, thousands or hundreds of thousands of people, both within their organisation and externally.

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25 years of Innovation- how has it evolved? Has it been successful?

Paul Hobcraft

Embedding Design Thinking into Innovation Processes: Design thinking has emerged as a powerful tool for innovation, emphasizing user empathy, rapid prototyping, and iterative refinement. This collaborative approach taps into external expertise, reduces development costs, and accelerates innovation cycles.