innovation

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Related to Incremental innovation: Disruptive innovation

innovation

noun
1. Something new or different.
2. The act of innovating, or introducing a new product, technology, or method.
McGraw-Hill Concise Dictionary of Modern Medicine. © 2002 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
New innovative product portfolios are the evidence that innovative generics companies are not only mastering incremental innovation but are also adopting re-innovation in their new strategies.
Detailed description of PM standards and tools application to innovation projects (Source: Research data) PM area / Incremental innovation Radical innovation project Type of project innovation project Cost PMBok, but can be differences from PMBok management overhead costs assessment Design a specialized accounting systemi, that would ensure: - correct allocation of costs; - accounting not only the costs, but also the revenues.
Periods of incremental innovation vary between industry, from a few months within the electronics based industries (e.g.
In terms of incremental innovations, the democratic communication and transparency required of businesses can be difficult to achieve reports the researchers.
In this work, we also explore the propensity of the public administrations to allocate different resources depending on whether the company performs product or process innovations, or radical or incremental innovation. A priori, this propensity can differ greatly from industry to industry, so we make no assumptions.
They spend increasing sums of money developing and advertising these incremental innovations, with lower and lower returns for their investment.
* Incremental innovation: It is built on the organization's established knowledge-base by enhancing existing practices in products and processes.
Companies have grown their portfolio of products in order to exploit the market potential of their current customers, reflecting the fact that incremental innovation has become a main competitive tool, said a study by Ernst & Young.
The distinction between radical and incremental innovation is highlighted in the article by Toner.

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