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Innovation 2
Innovation 2
Cayden Ng
WHAT IS
INNOVATION?
Innovation is the process of
creating a new product, idea,
or even a new and/or a more
efficient method of doing
something! Some examples
of innovation include Lego,
paper-based straws, and
electric cars such as Tesla.
- Incremental Innovation
is the continuous
improvement of existing
products or services to
provide more value to an
existing market.
- Architectural
Innovation is the
modification of existing
solutions for an entirely
new market.
- Disruptive Innovation is
when new technologies
and products are created to
CONCLUSI Lego Group rose to fame. Lego was a revolutionary innovation and
changed the way many children viewed the world. Through this
project, our group have learnt that everything big once started small
ON and worked their way up to worldwide recognition. This shows us the
Marist value of determination; if we persevere, we will always find a
way out!
Thank you for
your kind
attention!