Saturday, 3 November 2012

TYPES OF INNOVATIONS.

Hello viewers, this morning i will be sharing with you the four(4) different type of innovation. They are as follows:

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

20 comments:

  1. This comment has been removed by the author.

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  2. I appreciate, especially synthesis.

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  3. Which is the most suitable method and why?

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  4. Keep on educating the world,,,,thanks for your sharing ideas.

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  5. Hi did smartphone is categorize as duplicate innovation too ?

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  6. Nice yr its help me lot

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  8. would uber eats be an example of duplication or extension

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  9. how can i get a content on this blogger?

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  10. Why starbuks is synthesis innovation

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