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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. Product Innovation. Value Innovation.

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Intrapreneurs

eZassi

Stanford University outlines the types of innovation as the following: Product innovation – New or improved good or service that benefits a company, such as improved customer experience or a new device for the market.

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An Innovation Lesson From The Rolling Stones

Innovation Excellence

GUEST POST from Robyn Bolton If you’re like most people, you’ve faced disappointment. Maybe the love of your life didn’t return your affection, you didn’t get into your dream college, or you were passed over for promotion. And sometimes, that hurt lingers for a long time. Until one day, something happens, and you […]

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Why You Should Care About Service Design

Innovation Excellence

GUEST POST from Robyn Bolton What if a tool had the power to delight your customers, cut your costs, increase your bottom line, and maybe double your stock price? You’d use it, right? That’s precisely the power and impact of Service Design and service blueprints. Yet very few people, especially in the US, know, understand, […]

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3 Ways to View Your Innovation Basket

Innovation Excellence

(including one that makes Radical Innovation easy) GUEST POST from Robyn Bolton You are a rolling stone, and that means you gather no moss!

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How to enable inclusive innovation

hackerearth

Who are the agents of inclusive innovation? According to a World Bank report, “a coherent inclusive innovation strategy would complement frontier innovation efforts by improving access to essentials and increasing the purchasing power of the resource-poor while also enhancing income-generating opportunities for BoP members.”

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The Eco Lux Trend – Is Your Brand Missing Out?

Innovation Excellence

Like it or lump it, the “eco” market is not going anywhere. 66% of global consumers say they are willing to pay more for sustainable brands (Bain & Company). Despite global economic instability, last year the luxury market grew by 5% to an estimated €1.2 trillion globally (Bain). And Europe regained its place as the.

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