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12 Types of Innovation You Should Know in 2021

IdeaScale

Successful closed innovation requires protection, control, and ownership of intellectual property while still under development, through the use of special product development teams within a company. Social Innovation. It can also refer to innovations that have a social purpose, such as distance learning and online volunteering.

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15 most important Innovation Theories your company should be using

Idea to Value

It can be used to “balance” the portfolio budget and resources between projects which build out the core business, build related new innovations and also more radical innovations ( see point 3 about Three Horizons). Horizon 3: exploring new future offerings that could change the company but aren’t ready yet.

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