There are six types of innovation.
Organisational innovations are instances of organisational change that:
Allow about 30 minutes
Before moving on, check your current level of knowledge and understanding of innovation by completing this short quiz. Try to complete all of the questions before referring to the discussion.
What types of innovation would you identify for each of the following examples? Select as many boxes as appropriate.
1. A new treatment for malaria
2. A flexible manufacturing system
3. A virtual team working
4. An online custom-made clothing business
5. The first low cost airline
It could be considered that all the answers to Question 5 are acceptable, but the first low cost airlines started a paradigm shift. They cut all the exciting features to give customers what they need most at a reasonable price.
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