Highlights
To understand the nature, content and scope of innovation and change for businesses
• To define and illustrate the sources of innovative ideas for entrepreneurs
• To be aware of the drivers of innovation and change
• How many business ideas/innovative ideas did you throw in the bin? Do you remember any of them?
Transform each circle into something recognisable
• You can combine outside the lines
• You can be radical/conservative etc.,
• You have five minute
How did you go with this activity?
• How different were your ideas?
• If less than 30 completed, what stopped you?
Innovation
• Innovation can bring benefits such as saving time, costs, and products and use them more effectively
• Innovation is the core action for the development and productivity of any economic activity
• Innovation is the core action for the development and productivity of any economic activity
• Innovation interprets as "improved", "innovation", to some extent, even the "invention
The High Failure Rate of Innovation
• Uncertainty
• Poor commercialisation
• Poor positioning strategy
• Technological myopia
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