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Edited by Steve Alexander-Jones, Thursday, 24 Mar 2016, 00:03
At https://thegentleartofsmartstealing.wordpress.com/types-of-innovation/ there where 15 kinds of innovation I picked those out I thought had most relevance to the above. 1. Incremental innovation Incremental innovation seeks to improve the systems that already exist, making them better, faster cheaper 2. Process innovation Process innovation means the implementation of a new or significantly improved production or delivery method 3. Radical innovation Radical innovations (sometime referred to as breakthrough, discontinuous or disruptive innovations) provide something new to the world that we live in by uprooting industry conventions and by significantly changing customer expectations in a positive way. Ultimately, they often end up replacing existing methods / technologies 4. Disruptive innovation A disruptive innovation is an innovation that helps create a new market and value network, and eventually goes on to disrupt an existing market and value network (over a few years or decades), displacing an earlier technology.
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