INNOVATION AND CREATIVITY
TYPES OF INNOVATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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“change one/more component of a product without affecting entire design”
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architectural innovation
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componenet innovation
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radical innovation
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None of the above
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Explanation:
Detailed explanation-1: -Incremental innovation Incremental innovations are just a little better than the previous version of the product or service and has only slight variations on an existing product formulation or service delivery method.
Detailed explanation-2: -The Four Key Elements of Innovation: Collaboration, Ideation, Implementation and Value Creation.
Detailed explanation-3: -Radical innovation changes both the components and how the components interact and puts them together in a new way to create a unique solution.
Detailed explanation-4: -Sustaining, or incremental innovation. Breakthrough innovation. Disruptive innovation. Basic research. 07-Nov-2022
There is 1 question to complete.