Re: 1) Example/s of the following types of Innovation:a. Sustaining Innovationb. Disruptive Innovationc. Breakthrough Innovationd. Basic Research2) YOUR PROPOSED TECHNOLOGYas a starter, follow the following format:A. PROJECT TITLEB. Introduction (should contain what your project is all about, the problems that it aims to address, its importance and impact)C. PROJECT SPECIFIC OBJECTIVESD. TARGET MARKET (Who will be interested in your products)
Question
Re: 1) Example/s of the following types of Innovation:a. Sustaining Innovationb. Disruptive Innovationc. Breakthrough Innovationd. Basic Research2) YOUR PROPOSED TECHNOLOGYas a starter, follow the following format:A. PROJECT TITLEB. Introduction (should contain what your project is all about, the problems that it aims to address, its importance and impact)C. PROJECT SPECIFIC OBJECTIVESD. TARGET MARKET (Who will be interested in your products)
Solution
Sure, here are examples of the different types of innovation:
a. Sustaining Innovation: An example of sustaining innovation is the continuous improvement of smartphones. Companies like Apple and Samsung consistently release new models with improved features, such as better cameras, faster processors, and sleeker designs.
b. Disruptive Innovation: An example of disruptive innovation is the introduction of streaming services like Netflix. This innovation disrupted the traditional cable and DVD rental industries by providing a more convenient and often cheaper way to watch movies and TV shows.
c. Breakthrough Innovation: An example of breakthrough innovation is the development of the internet. It revolutionized the way we communicate, access information, and conduct business.
d. Basic Research: An example of basic research is the Human Genome Project. This was a 13-year-long, publicly funded project that aimed to identify all the genes in the human genome.
A. PROJECT TITLE: "Smart Waste Management System"
B. Introduction: The Smart Waste Management System is a project that aims to address the growing problem of waste management in urban areas. It uses smart technology to efficiently collect, sort, and process waste, reducing the environmental impact and improving public health. The system's importance lies in its potential to revolutionize waste management, making it more efficient and sustainable.
C. PROJECT SPECIFIC OBJECTIVES:
- To develop a smart system that can efficiently collect and sort waste.
- To reduce the environmental impact of waste management.
- To improve public health by ensuring proper waste disposal.
D. TARGET MARKET: The primary target market for this product would be city governments and waste management companies. However, it could also be of interest to environmental organizations and companies looking to improve their waste management practices.
Similar Questions
I. Breakthrough innovation is one of the four types of innovation according to hbr.org.II. Sustainable innovation is the same as disruptive innovation.Group of answer choicesBoth Statements are FalseBoth statements are TrueStatement I is False, Statement II is TrueStatement I is True; Statement II is False
Which of the following is an example of social innovation?*1 pointDeveloping a new technologyCreating a nonprofit organization to address a social issueLaunching a new product in the marketExpanding into a new market overseas
Which of the following is an example of a product development project?Manage a project to raise funds for a national science competition.Manage a project to develop a new solar-powered camping tent.Manage a project to analyze the need for a new layout of a retail store.Manage a project to organize a convention for new inventors.
What is innovation? OPTIONS The process of creating new products, services, or processes The process of improving existing products, services, or processes Both A and B None of the above ####
How do the types of innovation relate to different market conditions?
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