Innovation is an idea, which must be replicable at an economical cost and must satisfy a specific need. It is the process of translating an idea or invention into a good or service that creates value or for which customers will pay. It is about staying relevant. Innovative ideas can be big or small, but breakthrough or disruptive innovation is something that either creates a new category, or changes an existing one dramatically, and obsoletes the existing market leader.
More Post
-
According to a Study, Arctic Alaska’s Vital Breeding Grounds for Birds are Being Negatively Impacted by Oil and Gas Infrastructure
-
Voluntary Compliance
-
Virtual Assistant Marketing
-
Report on Trust Bank Limited
-
Use of Have Verbs
-
Giant Penguin Fossil Discovered by Kids in New Zealand is Brand New Species
Latest Post
-
Cathodic Modification
-
Anodic Protection (AP)
-
New Maps Assist Decision-makers in Considering Albedo when Planting Trees
-
Experts Fear that Climate Change will Exacerbate the Spread of Infectious Diseases
-
Curbside Pickup enhances Organic Waste Composting and Decreases Methane Emissions
-
Key Concepts of Electromagnetic Induction