Innovation Vs Innovations. A first move while innovation is the act of innovating; Marketing innovation creates new markets or increases existing market share.
All the buzzwords come out to play. In the ten types of innovation framework, the different types of innovations are divided into three main categories: Innovation is generating unique ideas and using them to create new products and services.
Innovative thinking is an empowering competency for generating good business results.
Well innovation is the ‘system’ that produces innovations e.g. Invention is about creating something new, while innovation introduces the concept of “use” of an idea or method. Baghdad college of economic sciences university. When the strategy is “innovate,” the implementation of that strategy looks a lot like process.