Innovation
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Innovation is defined as the implementation of new or significantly improved products, processes, or marketing methods. The document outlines three main types of innovation: product innovation which involves new or improved goods/services, process innovation which improves production or delivery methods, and marketing innovation which uses new marketing strategies. While related, innovation differs from invention and creativity in that it focuses on applying ideas to create economic or social value.
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Invention & Innovation (Introduction)
The document discusses the differences between invention and innovation. Invention is the formulation of new ideas for products or processes, while innovation is the practical application of new inventions into marketable products or services. It then describes two types of innovation - product innovation which involves launching new products, and process innovation which finds more efficient production processes. The document outlines advantages of both product innovation, such as first mover advantage and increased reputation, and process innovation, like reduced costs and improved quality. Finally, it notes that innovation benefits businesses through improved productivity, higher sales and profits, and establishing competitive advantages.
Creativity, Innovation, and Entrepreneurship
This document discusses creativity, innovation, and entrepreneurship. It defines each concept and explains their importance both individually and how they work together to drive societal progress. Creativity involves novel ideas, innovation combines creative ideas into new products and services, and entrepreneurship brings innovations to market. Together, creativity, innovation, and entrepreneurship have built modern society through continuous development. The document encourages individuals to foster their creativity and look for ways to solve unmet needs through entrepreneurship.
Basics of innovation
This document provides an overview of innovation and the process of moving ideas to products. It defines innovation as the profitable implementation of ideas. There are four types of innovation: product/service, process, paradigm/business model, and position. Building innovation requires knowing ideas come from employees, providing tools to find good ideas, allowing time for collaboration, and having processes to move ideas forward. Ideas can come from changes in markets, demographics, knowledge, perceptions, unexpected outcomes, and incongruities. Leveraging a company's unique assets, talent, and brand is important for innovation. Moving ideas to products involves interactive models that incorporate technology push, market pull, and advances in society.
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The document discusses various aspects of creativity such as creative thinking, idea generation and evaluation, lateral thinking, and creativity tools. It covers topics like mind mapping, brainstorming, and Edward de Bono's six thinking hats technique. The document emphasizes that creativity is important for problem solving in new ways, seeing different perspectives, and generating new ideas, and that creative thinking should be able to be produced on demand rather than left to chance.
Developing creative and innovative thinking in the workplace
This document provides an outline and overview of developing creative and innovative thinking in the workplace. It discusses what innovation and creativity are, different types of innovation, the value of creativity and innovation, and tips for enhancing creativity. It also presents frameworks for organizational creativity and innovation, including balancing the opposing forces of create and control. The document emphasizes that innovation happens through solving problems for people and outlines habits of creative thinkers. It also includes an example activity to experience the creative process in designing packaging.
Design Thinking : Ideation
During the third stage of the Design Thinking process, designers are ready to start generating ideas. You’ve grown to understand your users and their needs in the Empathise stage, and you’ve analysed and synthesised your observations in the Define stage, and ended up with a human-centered problem statement. With this solid background, you and your team members can start to "think outside the box" to identify new solutions to the problem statement you’ve created, and you can start to look for alternative ways of viewing the problem.
Invention vs Innovation
This document discusses the differences between invention and innovation. It states that invention is the creation of something new, like Thomas Edison's creations, while innovation is improving upon existing inventions, exemplified by Steve Jobs. Later it discusses how Apple took existing mobile phone technology and interfaces and innovated to create the revolutionary iPhone. Overall the key difference is that invention creates something totally new while innovation builds upon existing ideas or technologies.
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The document provides guidance on practical design thinking and emphasizes the importance of understanding users through techniques like contextual inquiry, personas, affinity mapping, and interviews. It discusses how contextual inquiry involves observing users without interaction to understand their activities and context. Affinity mapping is analyzing qualitative and quantitative data to identify patterns and user segments. Personas are hypothetical user archetypes created from interview and research data to represent and empathize with different user groups. Tips are provided for each technique, like involving cross-functional teams, focusing inquiries, and making personas part of ongoing discussions to design with empathy.
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The document discusses the differences between invention and innovation. Invention is the formulation of new ideas for products or processes, while innovation is the practical application of new inventions into marketable products or services. It then describes two types of innovation - product innovation which involves launching new products, and process innovation which finds more efficient production processes. The document outlines advantages of both product innovation, such as first mover advantage and increased reputation, and process innovation, like reduced costs and improved quality. Finally, it notes that innovation benefits businesses through improved productivity, higher sales and profits, and establishing competitive advantages.
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This document discusses creativity, innovation, and entrepreneurship. It defines each concept and explains their importance both individually and how they work together to drive societal progress. Creativity involves novel ideas, innovation combines creative ideas into new products and services, and entrepreneurship brings innovations to market. Together, creativity, innovation, and entrepreneurship have built modern society through continuous development. The document encourages individuals to foster their creativity and look for ways to solve unmet needs through entrepreneurship.
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This document provides an overview of innovation and the process of moving ideas to products. It defines innovation as the profitable implementation of ideas. There are four types of innovation: product/service, process, paradigm/business model, and position. Building innovation requires knowing ideas come from employees, providing tools to find good ideas, allowing time for collaboration, and having processes to move ideas forward. Ideas can come from changes in markets, demographics, knowledge, perceptions, unexpected outcomes, and incongruities. Leveraging a company's unique assets, talent, and brand is important for innovation. Moving ideas to products involves interactive models that incorporate technology push, market pull, and advances in society.
Creativity Techniques
The document discusses various aspects of creativity such as creative thinking, idea generation and evaluation, lateral thinking, and creativity tools. It covers topics like mind mapping, brainstorming, and Edward de Bono's six thinking hats technique. The document emphasizes that creativity is important for problem solving in new ways, seeing different perspectives, and generating new ideas, and that creative thinking should be able to be produced on demand rather than left to chance.
Developing creative and innovative thinking in the workplace
This document provides an outline and overview of developing creative and innovative thinking in the workplace. It discusses what innovation and creativity are, different types of innovation, the value of creativity and innovation, and tips for enhancing creativity. It also presents frameworks for organizational creativity and innovation, including balancing the opposing forces of create and control. The document emphasizes that innovation happens through solving problems for people and outlines habits of creative thinkers. It also includes an example activity to experience the creative process in designing packaging.
Design Thinking : Ideation
During the third stage of the Design Thinking process, designers are ready to start generating ideas. You’ve grown to understand your users and their needs in the Empathise stage, and you’ve analysed and synthesised your observations in the Define stage, and ended up with a human-centered problem statement. With this solid background, you and your team members can start to "think outside the box" to identify new solutions to the problem statement you’ve created, and you can start to look for alternative ways of viewing the problem.
Invention vs Innovation
This document discusses the differences between invention and innovation. It states that invention is the creation of something new, like Thomas Edison's creations, while innovation is improving upon existing inventions, exemplified by Steve Jobs. Later it discusses how Apple took existing mobile phone technology and interfaces and innovated to create the revolutionary iPhone. Overall the key difference is that invention creates something totally new while innovation builds upon existing ideas or technologies.
Design thinking - Empathy
The document provides guidance on practical design thinking and emphasizes the importance of understanding users through techniques like contextual inquiry, personas, affinity mapping, and interviews. It discusses how contextual inquiry involves observing users without interaction to understand their activities and context. Affinity mapping is analyzing qualitative and quantitative data to identify patterns and user segments. Personas are hypothetical user archetypes created from interview and research data to represent and empathize with different user groups. Tips are provided for each technique, like involving cross-functional teams, focusing inquiries, and making personas part of ongoing discussions to design with empathy.
Creativity and Innovation
Creativity involves generating new ideas, solutions, or ways of looking at problems. Innovation is taking those creative ideas and implementing them successfully. There are different types of innovation including product, process, business model, marketing, and organizational innovation. To promote creativity and innovation, businesses should educate and train employees, encourage brainstorming and thinking time, reward new ideas, and remove obstacles to creative thinking. Barriers to creativity can include mindset, personal blocks, and organizational resistance to change.
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- Common blockages to creativity like old habits and lack of confidence
- The importance of being open and building on others' ideas during creative brainstorms
- An exercise where participants connect 9 dots using 4 straight lines to demonstrate divergent thinking
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What's the one thing that will transform the way you think? Design Thinking. The startups, trailblazers, and business mavericks of our world have embraced this process as a means of zeroing in on true human-centered design.
Design Thinking is a methodology for innovators that taps into the two biggest skills needed in today’s modern workplace: critical thinking & problem solving.
Of course, if you ask 100 practitioners to define it, you’ll wind up with 101 definitions.
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Minds are like parachutes; they only function when open. Thomas Dewar was a Scottish whiskey distiller.
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The Five things that all definitions of Design Thinking have in common:
1. Isolating and reframing the problem focused on the user.
2. Empathy. A design practitioner from IDEO, the popular design and innovation firm strapped a video camera to his head and it was only then that he recognized why the ceiling is such an important factor when working with hospital patients. As a patient you lay in bed and stare at it all day. It’s these little details and true empathy that can only be realized by putting oneself in the user’s shoes.
3. Approach things with an open mind and be willing to collaborate. Creativity with purpose is a team sport.
4. Curiosity. We have to harness our inner 5-year-old here and really be inquisitive explorers. Instead of seeing what would be or what should be, consider what COULD be.
5 - Commitment. Brainstorming is easy. It’s easy to want to start a business or solve a problem. Seeing it into market and making it successful is not for the faint of heart. We’ve all read about big “wins” (multi-billion dollar acquisitions like Instagram and WhatsApp). What we don’t read about are people like Tony Fadell and Matt Rogers, who work for years before becoming industry sensations.
Pete describes what he refers to as the “Wheel of Innovation” as a process that continuously focuses on framing, making, validating, and improving on your concept. Be it as small as a core feature in your product down to the business model and business idea itself.
Design is about form and function, not art.
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This study examined the regulation of gonadotropin-releasing hormone receptor (GnRH-R) gene expression in the pituitary of tilapia. The researchers cloned a GnRH-R from tilapia pituitary and found higher expression in females than males. Injection of salmon GnRH analog increased GnRH-R mRNA levels in a dose-dependent manner, while dopamine decreased levels. Exposure of pituitary cells to different GnRH forms in vitro increased GnRH-R mRNA, with chicken GnRH II having the highest effect and seabream GnRH the lowest. Collectively, these results provide evidence that GnRH can up-regulate while dopamine can down-regulate GnRH-R mRNA levels in tilap
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Pete describes what he refers to as the “Wheel of Innovation” as a process that continuously focuses on framing, making, validating, and improving on your concept. Be it as small as a core feature in your product down to the business model and business idea itself.
Design is about form and function, not art.
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INNOVATION
This presentation consists of introduction of innovation ,
basic types of innovation ,principles of innovation benefits and success stories with references , financing sources of innovation, .Innovation is a process of transforming the new ideas, new knowledge into new products and services.
Thus Innovation is the ability to apply creative solutions to those problems and opportunities in order to enhance people’s lives or to enrich society
Creativity is thinking new things, and innovation is doing new things
Innovation
Innovation involves creating new products, processes, or services to improve efficiency and gain competitive advantages. Successful innovators are passionate, persistent, optimistic, and protect their ideas. Innovation is important for economic growth and solving problems. While people fear failure, failing is part of learning and progress. There are four types of innovation - incremental, disruptive, architectural, and radical - that help companies innovate. Innovation positively impacts both society through technological advancement and well-being, and organizations through competitive advantages and increased productivity.
LIZ ARMSTRONG - DESIGNING INNOVATION IN CORPORATE ENVIRONMENTS
This document discusses innovation and design in corporate environments. It defines innovation as producing positive change, including both radical and incremental changes. Design is defined as an iterative, human-centric process of serving needs and improving lives by transforming existing conditions into preferred ones. The document presents models of design processes that are evolutionary and involve learning, ideating, creating, and validating. It argues that design provides a context for innovation by channeling creativity toward satisfying human purposes. For companies to successfully innovate, the document advocates embedding human-centric design processes into business culture and strategy. This involves cultivating a design-minded culture with a customer-centric purpose and leadership support of designerly activities like the design process.
From ideas to innovation
This document discusses open innovation and the innovation ecosystem. It defines key concepts like creativity, innovation, ideas, and inventions. It explains how innovations diffuse through adoption curves and discusses different types of innovations. The document advocates for open innovation using both internal and external ideas. It also discusses how crowdsourcing and gamification can be applied to innovation processes like idea generation and collaboration. Finally, it provides parting thoughts that innovation is multifaceted and requires involvement from both internal and external participants to be successful.
Ls06 innovation and entrepreneurship
Innovation is the development of new products, services, processes or organizational methods that provide value to customers. Innovation drives economic growth by allowing companies to expand and gain competitive advantage. Entrepreneurs play a key role in innovation by identifying opportunities to create and exploit innovations in response to changes in technology, markets or customer needs. Innovation results from organizational capabilities like skills, adaptability and the generation of new ideas that allow companies to transform through new products, processes and customer approaches.
INNOVATE FOR REVOLUTION
WHAT IS INNOVATION?
This slide gives a simple idea about innovation, why innovation is hard and what are the solutions.
Innovation process & models
Types of Inventions; Difference between invention and innovation; Types of innovation; Innovation process vs Process innovation; Linear innovation models.. Technology push model, Market pull model; Flexible innovation process models
Ezaki presentations_Innovation
This document provides an overview of management innovation and continuous value creation for small and medium enterprises (SMEs). It begins with defining innovation as creating new and sustainable offerings through new products, services, processes, or organizations. Management innovation is defined as innovations in corporate management through embedding innovations in an organization's system and process. The document then discusses strategies for SMEs to create innovations, such as using checklists to generate new ideas from existing concepts and proceeding systematically through a plan-do-check-act process. It emphasizes that innovation creation must be repeated over time to continuously create new values. Finally, it proposes ways for SMEs to standardize innovation through systems and enhance capabilities, such as using quality control circles, cross
IIME review CP
The document outlines the agenda for an innovation workshop being held in Berlin, Germany on January 17, 2011, with sessions on developing an inner innovator, types of innovation, innovation process design, and planning for success. The workshop targets small businesses with less than 10 employees and will explore how to unblock innovation through different modules led by partners from Ireland, Romania, Germany, and France.
01-Innovation-and-Innovation-Studies.pdf
This document outlines key concepts in innovation studies. It defines innovation as the transformation of existing things to create something new. Innovation is described as a process involving identifying needs, research, development, marketing, adoption and diffusion. The document also discusses different types of innovation like product, process, and organizational innovation. It notes that innovation studies is interdisciplinary in nature and focuses on economic innovation.
Innovator next presentation
This document summarizes notes from an innovation workshop held at the University of Lagos Guest House in Nigeria. It includes brainstorming questions, definitions of key innovation terms, barriers and drivers of innovation, and characteristics of an "Innovator Next" - someone with a high propensity to innovate. Participants were encouraged to think creatively and develop their innovative skills through conceptual and network thinking.
Trinity of innovation
The difference between Innovation & Invention. What is needed to invent and the questions you need to ask.
Creativity & innovation
This is a slideshow created by Sangeeta.Karmokar, my lecturer for my Entrepreneurship & Innovation class at AUT.
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Innovation
- 2. WHAT IS INNOVATION…… • INNOVATION IS THE IMPLEMENTATION OF NEW OR SIGNIFICANT IMPROVED PRODUCT OR PROCESS. • NEW PRODUCTS, BUSINESS PROCESSES AND ORGANIC CHANGES THAT CREATE WEALTH OR SOCIAL WELFARE. • FRESH THINKING THAT CREATES VALUE • APPLICATION OF KNOWLEDGE IN A NOVEL WAY, PRIMARILY FOR ECONOMIC BENEFIT
- 3. WHAT IS INNOVATION….. INNOVATION IS SIMPLY “THINKING OUT OF THE BOX AND IMPLEMENTING IT”
- 4. EXAMPLE…..
- 5. MISCONCEPTIONS…… 1. CREATIVITY 2. INVENTION. • Every invention is innovation but every innovation is not invention • Invention is conversion of cash into ideas. Innovation is conversion of ideas into cash • Creativity is thinking new things innovation is doing new things. • People are creative. Products or processes are innovative
- 6. TYPES OF INNOVATION….. Product Innovation Process Innovation Marketing Innovation
- 7. PRODUCT INNOVATION… • INTRODUCTION OF A GOOD OR SERVICE THAT IS NEW OR SIGNIFICANTLY IMPROVED WITH RESPECT TO ITS CHARACTERISTICS. • NEW PRODUCTS: DIFFERENT CHARACTERISTICS FROM PREVIOUS PRODUCTS • SIGNIFICANT IMPROVEMENTS: CHANGES IN MATERIALS, COMPONENTS, AND OTHER CHARACTERISTICS THAT ENHANCE PERFORMANCE.
- 8. PROCESS INNOVATION…. •IMPLEMENTATION OF A NEW OR SIGNIFICANTLY IMPROVED PRODUCTION OR DELIVERY METHOD (CHANGES IN TECHNIQUES, EQUIPMENT AND/OR SOFTWARE) •INTEND TO : DECREASE UNIT COST OF PRODUCTION OR DELIVERY INCREASE QUALITY OR PRODUCE OR DELIVER NEW OR SIGNIFICANTLY IMPROVED PRODUCTS
- 9. MARKETING INNOVATION… • IMPLEMENTATION OF A NEW MARKETING METHOD INVOLVING SIGNIFICANT CHANGES IN PRODUCT DESIGN OR PACKAGING, PRODUCT PLACEMENT, PRODUCT PROMOTION OR PRICING • BETTER ADDRESSING CUSTOMER NEEDS, OPENING UP NEW MARKETS, OR NEWLY POSITIONING A FIRM’S PRODUCT ON THE MARKET INCREASING FIRM’S SALE. • EXAMPLE: PRODUCT DESIGN OR PACKAGING, PRODUCT PROMOTION ETC.