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

mjvinnovation

Incremental innovation: additional development and/or optimization of existing products, services, or models. Radical innovation: implementing completely new ideas into products, services, or business models. In many companies, process innovation is called a process of continuous improvement or idea management.

Company 40
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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

In particular for industrial products this, in turn, has been stimulated by maturing 3D printing technologies. Incremental innovation : Even in highly mature industries, such as automotive, experimentation gains ever more importance. make their business customer-centered, rather than product-centered. They have to.