Dr. Pradeep Desai

S1:

Innovation

Technology and Innovation

Contents 1 Innovation

2 Types of Innovation

3 Diffusion of Innovation

4 The Chasm

5 Wrinkling the Chasm

6 Disruptive Innovation

7 References

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Innovation

Creativity is about unleashing the potential of the mind to conceive new ideas

Creative ideas can also be thought experiment in person’s mind

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Innovation is putting ideas into actions

Innovation is about introducing change into relatively stable systems. It’s also concerned with the work required to make an idea viable

Creativity is subjective, making it hard to measure.

Innovation is measurable.

Innovation

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Organisation can use innovation to apply its creative resources to design an appropriate solution and reap a return on its investment

Creativity in idea-creating seems to be not as much difficult as translating the ideas into reality

Types of Innovation

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Incremental Innovation

Disruptive Innovation

Radical Innovation

Product Innovation

Process Innovation

Technology Innovation

Business Innovation

Diffusion of Innovation

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The Chasm

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Wrinkling the Chasm

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Disruptive Innovation

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References

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Innovator’s Dilemma - Clayton M. Christensen

Crossing the Chasm - Geoffrey Moore