2. Topics
Innovation Meaning
Distinction between Innovation & Creativity
Types of innovation
Recent innovations
What is the biggest innovation according to you and
the reasons for the same
3. Innovation
The word innovation comes from the Latin root
innovatus, which means “to renew or to change”
In other words, it is the new idea, device or
method
Innovation generally refers to the creation of
better or more effective products, processes,
technologies or ideas that are accepted by
environment
4. Distinction between Innovation & Creativity
Creativity Innovations
It is the act of conceiving or
imagining something original
It is the implementation of something
new or novel.
Creativity is by individuals or team is
a starting point for innovation
Innovation begins with creative ideas
It is related to thinking something
new
It is related to introducing something
new
5. Types of Innovation
Product innovation
Process innovation
Marketing innovation
Organizational innovation
Technological innovation
Social innovation
6. Innovation that has Revolutionised the
world
Languages
Motor Vehicles
Jet Engines and Jet Plane, Cryogenic Engine
Pencilin and antibiotics
Nuclear power
E-mail
Space Expedition
Cloned animals
Satellites, GPS
Smart Devices
Internet, Social media, including blogging
7. Biggest Innovation
Internet, broadband, WWW (browser and html)
Innovator: Sir Timothy John Berners-Lee also known as TimBL (is an
English computer scientist, best known as the inventor of the World Wide Web)
Internet: a global computer network providing a variety of information and
communication facilities, consisting of interconnected networks using standardized
communication protocols.
Use: Easy to collect information, images and products
8. Reason…
Communicate –E-mail, Social networking, chatting, video conferencing.
Information - Virtual treasures trove of information.
Entertainments – News, Games, Online Videos, Movies etc.
Online Banking
Online Degrees
Online Training and Seminars
E commerce
Internet of things - Smart grids, Smart Homes, Intelligent transportation,
smart cities, Drones.