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12 Types of Innovation You Should Know in 2021

IdeaScale

Successful closed innovation requires protection, control, and ownership of intellectual property while still under development, through the use of special product development teams within a company. Social Innovation. Product Innovation.

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Intrapreneurs

eZassi

Invest in Intrapreneurs – Innovation Management Supports Your Organization’s Greatest Change Makers Intrapreneurs are those important team members with the optimism, intellect, initiative, and discipline to champion bright ideas and drive new project pipelines, establishing innovative change across the business.

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How to enable inclusive innovation

hackerearth

Utrecht-based BoP Innovation Center, a nonprofit foundation, held a hackathon in April 2018 in Africa to promote the use of virtual reality for inclusive business. In 2018, UNDP held a hackathon in Lesotho to encourage product innovations for inclusive financial services.

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What is Social Innovation? Definition, Examples and Best Practices

eZassi

What is Social Innovation? Social Innovation refers to the creation of new solutions—ideas, services, or models—that meet pressing social needs and improve individuals' and communities' quality of life. Genuine Social Innovation fosters a culture of sustainability vital for company survival and growth.

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What is Open Innovation? Definition, Types, Model, and Best Practices

eZassi

Below, we explore the key types of innovation and their significance: Product Innovation Product innovation is the process of developing new products or enhancing existing ones to meet evolving market demands and customer expectations.