Remove Company Remove Product Innovation Remove Radical Innovation Remove Technical Review
article thumbnail

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. “After a decade of flat productivity, the arrival of the Fourth Industrial Revolution (4IR) is expected to create up to $3.7 Innovation is one powerful catalyst ripe for leveraging in this 4th Industrial Revolution.

Industry 213
article thumbnail

What is innovation, and how can it benefit your company?

mjvinnovation

For many companies, innovation means taking products and services and changing them in detail: color, shape, features, size, etc. However, this form of incremental innovation alone does not work anymore in many markets. Besides, due to digital transformation, companies also need to develop more digital business models.

Company 40
Insiders

Sign Up for our Newsletter

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

article thumbnail

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

From our point of view, all of the issues pinned down at that time have gained significant importance, are being intensively debated and can still be considered cutting-edge for companies to stay ahead in managing innovation. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. What besets today’s companies? Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. Like any business function, innovation can be managed.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. What besets today’s companies? Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. Like any business function, innovation can be managed.

article thumbnail

Choosing your direction of travel

Paul Hobcraft

You know they are nowhere at the point of really understanding the potential of the changes that could take place within adopting a broader view on all aspects of innovation. So from what I can see so far, change is highly constrained: Evolution is slow, revolution is seemingly non-existent due to narrow vested interests. Industry 4.0

article thumbnail

Key Innovation Issues for 2016 and Beyond

Integrative Innovation

From my point of view, all of the issues pinned down at that time have gained significant importance, are being intensively debated and can still be considered cutting-edge for companies to stay ahead in managing innovation. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts.