- Invention
- Extension
- Duplication
- Synthesis
- Innovation: This is the process of creating new product, service, or process e.g. Alaxendra Graham Bell - Telephone.
- Extension: New use or different application of an already existed product, service or process. e.g. Mark Zuckerberg - Facebook, Ray Kroc - MC Donald's.
- Duplication: Creative replication of an already existed concept. e.g. Gateway - Personal computers, Wal-Mart - Department store.
- Synthesis: This is the combination of an existed concept and factors into a new formulation or use e.g. Fred Smith - Fed Ex.
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