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The innovation architecture is progressively being recognized and put into place, it’s forming the building blocks of the innovation platform we need to build upon, ones for more radicalinnovation outcomes. So the article “ Want to Win at Business Model Innovation?
Innovation can be incremental, radical, architectural, modular, etc. In incremental innovation, a company improves or upgrades existing product, process, or service. In radicalinnovation, a company replaces its existing business model with an entirely new one. ProductInnovation.
Innovation can be incremental, radical, architectural, modular, etc. In incremental innovation, a company improves or upgrades existing product, process, or service. In radicalinnovation, a company replaces its existing business model with an entirely new one. ProductInnovation.
Now that weve addressed the question What is innovation? and Why is innovation important?, let’s explore the various types of innovation that companies can leverage. Incremental vs. RadicalInnovation: Incremental innovation involves small, ongoing improvements, such as software updates or product refinements.
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