INNOVATION AND CREATIVITY
TYPES OF INNOVATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Introducing a range of cell phones with different colors and patterns on the cover
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Reducing the size and weight of a cell phone, to make it more compact and easier to carry
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Developing a cell phone that allows customers to scan the prices of the products in stores and make payments for their purchases
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Increasing the clarity of a cell phone’s camera by replacing the three megapixel camera with a five megapixel camera
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Detailed explanation-1: -Radical innovation has been around almost as long as there are people on the planet. Examples include the invention of the wheel, modern farming equipment in today’s farming industry, and of course the washing machine. All these examples were at one point in time a new technology, which could change our lives forever.
Detailed explanation-2: -Radical innovation is an invention that destroys or supplants an existing business model. Unlike architectural or incremental innovation, radical innovation blows up the existing system or process and replaces it with something entirely new.
Detailed explanation-3: -The internet, the horseless carriage, GPSs, and digital encoding of music and video technology were radical innovations resulting in the development of new markets. Incremental innovations. involve smaller improvements in ideas, products, services, and processes.
Detailed explanation-4: -Sustaining, or incremental innovation. Breakthrough innovation. Disruptive innovation. Basic research. 07-Nov-2022