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  2. Innovation - Wikipedia

    en.wikipedia.org/wiki/Innovation

    Thomas Edison with phonograph in the late 1870s. Edison was one of the most prolific inventors in history, holding 1,093 U.S. patents in his name.. Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. [1]

  3. Research and development - Wikipedia

    en.wikipedia.org/wiki/Research_and_development

    A notable example is the European environmental research and innovation policy, based on the Europe 2020 strategy which will run from 2014 to 2020, [33] a multidisciplinary effort to provide safe, economically feasible, environmentally sound and socially acceptable solutions along the entire value chain of human activities. [34]

  4. Design thinking - Wikipedia

    en.wikipedia.org/wiki/Design_thinking

    In the 2000s and 2010s there was a significant growth of interest in applying design thinking across a range of diverse applications—for example as a catalyst for gaining competitive advantage within business [35] or for improving education, [36] but doubts around design thinking as a panacea for innovation have been expressed by some critics ...

  5. Innovation management - Wikipedia

    en.wikipedia.org/wiki/Innovation_management

    For example, the case of Stora Enso, a company in the wood construction industry, demonstrates how a combination of different business model logics—such as value chain, value shop, and value network—enables the organization to address diverse types of uncertainty and engage in systemic change. [14]

  6. Change management - Wikipedia

    en.wikipedia.org/wiki/Change_management

    Globalization and accelerated innovation of technology result in a constantly evolving business environment. Phenomena such as social media and mobile adaptability have revolutionized business and the effect of this is an ever-increasing need for change, and therefore change management. The growth in technology also has a secondary effect of ...

  7. New product development - Wikipedia

    en.wikipedia.org/wiki/New_product_development

    An innovation manager is a senior person appointed to be responsible for implementing and managing the innovation management system. [citation needed] They are also responsible for ensuring that all aspects of new product development are taken into account and that the company is able to track and assess the progress of new products. [citation ...

  8. The Innovator's Dilemma - Wikipedia

    en.wikipedia.org/wiki/The_Innovator's_Dilemma

    The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail, first published in 1997, is the best-known work of the Harvard professor and businessman Clayton Christensen.

  9. Disruptive innovation - Wikipedia

    en.wikipedia.org/wiki/Disruptive_innovation

    An 1880 penny-farthing (left), and a 1886 Rover safety bicycle with gearing. In business theory, disruptive innovation is innovation that creates a new market and value network or enters at the bottom of an existing market and eventually displaces established market-leading firms, products, and alliances. [1]