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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

Discontinuous innovation represents a seismic shift in how industries function and evolve. By definition, it refers to the introduction of groundbreaking products or services that fundamentally change market dynamics, often rendering existing solutions obsolete.

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12 Types of Innovation You Should Know in 2021

IdeaScale

The paradigm is that companies cannot afford to rely strictly on their own internal methods of innovation, but can buy or license processes or inventions from other companies. This helps to further their goals while also providing the opportunity to license or use joint ventures to share their under-utilized technology or processes.

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The Potential Returns of the Composable Innovation Enterprise Framework

Paul Hobcraft

I proposed a new Framework for managing innovation this week, called the Composable Innovation Enterprise Framework. This is approaching innovation and its management in more of a holistic, technology-enabled way based on the use of a cloud-enabled Platform and Ecosystem thinking and design.

Agile 182
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Has innovation changed over the last ten years?

Paul Hobcraft

From incremental to radical : Innovation used to be seen as an incremental process where organizations improved their existing products, services, or processes by making small changes. Disruptive innovation is the creation of a new value proposition that displaces existing ones 2. References 1. oecd.org 2.

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The Final Perspective: A Composable Innovation Enterprise Framework

Paul Hobcraft

In my view any new approach to innovation needs to aim to achieve interdependent and interlocking innovation, solving problems that have not been addressed before and offering sustainable value, impact, and returns to all involved or significantly improving on the existing solutions.

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Gaining a Different Perspective on Innovation through Platforms, Blocks, and Stack Designs

Paul Hobcraft

(Larry Schmitt- The Innovation Stack) A comprehensive innovation ecosystem design offers several benefits, including fostering a culture of innovation, accelerating the innovation process, enhancing collaboration, leveraging diverse perspectives, and driving competitive advantage.

Design 182
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Unleashing the Power of AI in Innovation Management

Leapfrogging

However, with the advent of artificial intelligence in innovation management , these stages and gates are being reimagined. AI technologies offer unprecedented capabilities in data analysis, pattern recognition, and predictive modeling, which can significantly enhance the efficacy of the Stages and Gates process.