Jypzie M.

Catedrilla, DIT
IT/Physics Department
January 14, 2023

Week 12: Innovation

Data, Information and Knowledge

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 Philippine
Innovation
Initiatives

• Philippine Innovation
Act, 2019 (RA 11293)
• Innovative Startup Act,
2019 (RA 11337)

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 Philippine Innovation Landscape during the Pandemic

• 88% of business decision-makers in the Philippines say innovation is a ‘must’.

• Philippines organizations have matured in the culture of innovation by 4%, increasing
their ability to innovate

• 82% of organizations in the Philippines are accelerating the pace of digitalization in

4 response to the crisis

Microsoft-IDC, 2020
 What is Innovation?

“ The creation of new ideas that results to the development of new or

improved products, processes, or services which are then spread or
transferred across market ”

- Innovative Startup Act, 2019

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Examples for Type of Innovation
 Categories of Innovation

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 Innovation Process Cycle

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 Creativity vs Invention vs Innovation

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 Relationship between creativity, invention and
innovation

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 Examples of how invention turned into innovation

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 Examples

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 Conclusion

Many new and unique ideas are making their way. It is

clear that manufacturers and marketers are listening to
the needs and wants of customers and are making new
products to meet the demands.

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 References

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 References

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Thank you!