article thumbnail

12 Types of Innovation You Should Know in 2021


Process Innovation. Process innovation is the development and application of technology, production method, or method of delivery that’s newly introduced or improved to a notable degree. This includes changes in technique, equipment, or software that help an organization remain competitive in the marketplace.

article thumbnail

Because Food Matters: How to drive food and beverage innovation


The food and beverage industry is one of the most interesting and competitive industries when it comes to innovation and new product development. I recently joined Stefan Gates on the Food Matters Live podcast to discuss the latest in food and beverage innovation and new product development.

How To 52

Sign Up for our Newsletter

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

article thumbnail

Understanding the Trajectory of the Competitive Landscape

Innovation Excellence

If you want to gain ground on your competition you’ve first got to know where things stand. Where are their advantages? Where are your advantages? Where is there parity?

article thumbnail

8 Types of Innovation in Business: A Comprehensive Guide


Razors have undergone incremental innovations over time Source: The Hustle Incremental innovations may not make headlines, but they’re the steady pulses that keep businesses competitive and responsive to market demands.

article thumbnail

Measuring Innovation Performance

Why do only a third of the organizations worldwide have formal innovation metrics in place despite accepting that innovation is critical to survival? Download this eBook to learn about the 5 basic principles that guide every successful innovation process.

article thumbnail

Whitepaper: Stimulating and Measuring Open and Cross Innovation 


As two intermediaries from Hamburg that foster open and cross innovation processes, Science Scout (an initiative of Hamburg Innovation) and Cross Innovation Hub (Hamburg Kreativ Gesellschaft) joined forces to start a discussion around the stimulation and measurement of open and cross innovation processes.

article thumbnail

Accelerate Growth Through Strategic Integration of Research During the Innovation Process

Innovation Excellence

Competitive pressures were high. They needed a new product, in a hurry. From concept to packaging, they needed it all: RTB, packaging design, product name, name and product fit with top benefits, and fully baked complete concepts to test against legacy products and competitive products.