Innovation: The Different Dimensions of Innovation

Innovation encompasses various dimensions that contribute to its multifaceted nature. Some key dimensions of innovation include:
Technological Innovation: Advancements in products, processes, or systems through technological advancements.
Product Innovation: Developing new or improved products or services that meet customer needs or create new market opportunities.
Process Innovation: Enhancing operational efficiencies, productivity, and effectiveness through changes in production or service delivery methods.
Business Model Innovation: Reimagining the way a business creates, delivers, and captures value, often involving disruptive or transformative approaches.
Social Innovation: Addressing social or environmental challenges through innovative solutions that create positive impact.
Embracing these dimensions of innovation enables organizations to stay competitive, drive growth, and foster positive change.

Видео Innovation: The Different Dimensions of Innovation канала Galton College