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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. A well-suited way to govern this approach is to manage a portfolio of initiatives.

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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

The following six key types of innovation in business each serves a distinct purpose, together comprising a comprehensive innovation strategy that touches upon different aspects of business operations and market positioning. This strategic alignment ensures that innovation efforts contribute to long-term success and competitiveness.

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What is process innovation and why it can transform your business

hackerearth

There are three types of innovation: product innovation, process innovation, and business model innovation.A process innovation is crucial for product innovation, and it facilitates business model innovation, especially with the changes that rapid digitization is bringing with it.

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Business model innovation: a core capability for disrupting your industry

hackerearth

How innovations in the business model create competitive advantage. Business model innovation is more challenging than process or product innovation. Business model innovation doesn’t necessarily mean creating a completely new model for your business. How did Tesla innovate? Source: The New Climate Economy.

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What is process innovation and why it can transform your business

hackerearth

There are three types of innovation: product innovation, process innovation, and business model innovation.A process innovation is crucial for product innovation, and it facilitates business model innovation, especially with the changes that rapid digitization is bringing with it.

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Business model innovation: a core capability for disrupting your industry

hackerearth

How innovations in the business model create competitive advantage. Business model innovation is more challenging than process or product innovation. Business model innovation doesn’t necessarily mean creating a completely new model for your business. How did Tesla innovate? Source: The New Climate Economy.

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Your Guide to Fueling Enterprise Innovation in the Transport Industry

Qmarkets

As we’ll see, some of the key trends promising to shape the automotive, aeronautical, and railway transport industries in the years ahead should provide exciting reading to organizations in those industries…but only if they act on them. And do your product innovations have a knock-on effect that requires new services to sit alongside them?