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Introduction - Innovation Management

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INNOVATION

MANAGEMENT

 WBB 10202

Introduction of

Innovation

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Introduction

 is an

Individuals / Groups / Company…….??

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The Independent Inventor 

Most people invented something Gadget for making task easier ormethod for  increasing the economy No real return to the inventors

 ault on the inventor for not !ritingdo!n the idea "ue to lack of kno!ledge anda!areness

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The Independent Inventor

 Comple#ities of modern technologyresults in a  $elief that inventing is %ust for

professionals. &ra of individual inventor is long past'$ut $asic  concepts of invention still the product of

an  individual(s imagination. Inventor needs good communicationsskills' to

descri$e his ideas and designs clearly.

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“Imagination is more important than knowledge,

 for knowledge is limited, whereas imaginationembraces the entire world.” 

 Albert Einstein

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)asic Ideas *$out Inventing

C+&*TI,IT- 

INN,*TIN

IN,&NTIN

*T&NT

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0hat is

Creativity is the a$ility to think up and design ne!

inventions'produce !orks of art' solve pro$lems in ne! !ays' ordevelopan idea $ased on an original' novel' or unconventionalapproach.

Creativity is the a$ility to see something in a ne! !ay'to seeand solve pro$lems no one else may kno! e#ists' andto engagein mental and physical e#periences that are ne!'

uni1ue' ordi2erent.

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0hat is

ntion is a ne! composition' device' or process developedudy and e#perimentation. Inventions often e#tend theries of human kno!ledge or e#perience.

on is a creative process. *n open and curious mind allo!s anr to see $eyond !hat is kno!n.on is often an e#ploratory process' !ith an uncertain orn outcome. There are failures as !ell as successes.

tion can start the process' $ut no matter ho! complete the

dea' inventions typically have to $e developed.rs $elieve in their ideas and they do not give up in the face ofmany failures.rs are often famous for their con4dence' their perseveranceir passion.

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Innovation is the introduction of something ne! 5 a ne! idea' metho

or devices.

*n innovation can $e $ig or small. )rand6ne! or %ust a $it di2erent'it doesn3t matter.*n innovation can $e clearly comple# or seemingly simple.Innovations are often thought of in terms of technical achievement'$ut can also $e a design.The type' industry and style of innovation are irrelevant7 an innovatio

impact determines its 1uali4cation.

 is

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0hat

tent is a property right for an invention granted $y a governm the inventor or their assignee for a limited period of time inchange for a pu$lic disclosure of an invention.

e purpose of a patent is to protect an inventor and give him aonomic advantage in capitali8ing on his !ork. $taining a pat also a means of esta$lishing recognition of an invention and timacy of the inventor' protecting him from unla!ful imitation ompetition.

fact' the main o$%ective of a patent is to empo!er an inventorprevent others from utili8ing the invention !ithout authori8ati

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Group ro%ect 9 :;<=>

ro%ect Title @istory of ………….:any products>

Contentso Introduction of roducto "evelopment of roductincludes

A roduct InventorA roduct eatures

A roduct Innovation BCreativityo Conclusiono +ecommendation

+e1uirements +eport B lideo!eroint

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Group ro%ect ; :E<=>

ro%ect Title Ne! roduct "evelopmentB Innovation Marketing

Contentso Introduction of roducto "evelopment of roduct includes

A Idea B "esignA roduct eaturesA roduct Innovation B CreativityA Marketing F (s

o Conclusiono

 +ecommendation

+e1uirements +eport B lide o!erointresentation 0eek 9E

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“Necessity is not the

mother ofinvention; Imagination

is.”