Defining Innovation

Researchers at Bangor University (UK) and Manchester Metropolitan University (UK) collected more than 60 definitions of innovation found in the literature from 1953 to 2008. They examined these definitions according to six attributes: nature of innovation, type of innovation, stages of innovation, social context, means of innovation, and aim of innovation. Following their research, they […]

The Three Types of Innovation

Very often we categorize all innovation activities in the same way. However, different types of innovation activities affect organizations differently and they also need to be managed differently. According to Clayton Christensen, we can distinguish between three different kinds of innovations.