ENTREPRENEURSHIP

INNOVATION AND CREATIVITY

TYPES OF INNOVATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Ten Types of Innovation can be categorized/structured into:
A
Configuration
B
Offerings
C
Experience
D
The answers above are all correct
Explanation: 

Detailed explanation-1: -We also learned that 10 sides of Innovation in Doblin 10 Types of Innovation Model consist of Customer Engagement, Brand, Channel, Service, Product System and Product Performance, Process, Network, Structure and finally the Profit Model of our Organization/Company.

Detailed explanation-2: -Innovations are divided into three categories: configuration, offering, and experience. Configuration focuses on the innermost workings of an enterprise and its business system, offering focuses on an enterprise’s core product or service, and experience focuses on customer-facing elements.

Detailed explanation-3: -Profit Model Innovation. Profit model is about how the organization turns its value into profit. Network Innovation. Structure Innovation. Process Innovation. Product Performance Innovation. Product System Innovation. Service Innovation. Channel Innovation. More items •07-Dec-2015

Detailed explanation-4: -Product innovation. Product innovation involves visibly improving a product’s performance and updating or upgrading its characteristics. Service innovation. Process innovation. Technological innovation. Business model innovation. Marketing innovation. Architectural innovation. Social innovation. 18-Sept-2022

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