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1.2 - Coggle Diagram
1.2
Types of Innovation
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Process Innovation
A new process that achieve faster processing, greater throughput, lower cost, new production system or new organizational process
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Managerial Innovation
Total Quality Management, Lean mgmt, etc.
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Levels of Innovation
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Radical
New invention. i.e. Electrical Vehicle, Internet
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What is Innovation?
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Elements of Innovation
Creativity
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To come up with a new idea or solution, free thinking
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