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Innovation/Disruptive Innovation Complete Guide

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Innovation/Disruptive Innovation Complete Guide Innovation ️This is a massive driver in the competitive process New sources of, renewal of existing ️Innovations Provides: 1. and the 2. competitive advantage Idea, Invention, Innovation, Imitation ️Outline of the four step inno...

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  • September 25, 2024
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  • 2024/2025
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  • Innovation/Disruptive Innovation Complete
  • Innovation/Disruptive Innovation Complete
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Innovation/Disruptive Innovation Complete Guide
Innovation ✔️This is a massive driver in the competitive process



New sources of, renewal of existing ✔️Innovations Provides:

1.

and the

2.

competitive advantage



Idea, Invention, Innovation, Imitation ✔️Outline of the four step innovation process

1.

2.

3.

4.



Idea ✔️Step in the Innovation Process:

This is where the innovation process begins



Invention ✔️Step in the Innovation Process:

Describes the transformation of an idea into a new product or service



Innovation ✔️Step in the Innovation Process:

Concerns the commercialization of an invention by entrepreneurs



Imitation ✔️Step in the Innovation Process:

This happens if an innovation is successful in the marketplace

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