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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. Process Innovation. Product Innovation.

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Intrapreneurs

eZassi

Embrace failure and learning: Understand that not all ideas will succeed, and failure is a part of the innovation process. They must prioritize a clearly defined process for idea vetting and project achievement to attain a shared goal. Innovation leads to growth and applies across many facets of a business.

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Toward a Better Definition of Innovation

Innovation Excellence

In innovation, the process equals New Value Creation. This process of creation is non-linear, even iterative, insights-based, and way-finding, a process of discovery, not optimization. Sometimes, it can be like playing the children’s game Chutes and Ladders. Continue reading →