What is the innovation process in a company?


What is the innovation process in a company? An innovation process is a set of steps between an idea's conception and its implementation. It is a streamlined process that is managed in a way that reflects a company's structure and innovation goals.


What are the 4 types of innovation with examples?

What are the 4 types of innovation?
  • Incremental innovation. Incremental innovation, also known as continuous improvement, refers to improving a product or service that already exists. ...
  • Adjacent innovation. Adjacent innovation is a typical example of a successful expansion. ...
  • Disruptive innovation. ...
  • Radical innovation.