What is innovation?

Let us think about these topics

Why need to innovate?

What is the component of innovation?

What is the core of innovation in business model?

shihongxiang wrote:Let us think about these topics

Why need to innovate?

What is the component of innovation?

What is the core of innovation in business model?

Why need to innovate?

Nature requirement.

What is the component of innovation?

The first thing comes to my mind is passion.

What is the core of innovation in business model?

Inner incetive=corporate culture=value proposition

Technically, "innovation" is defined merely as "introducing something new." Although the term is broadly used, innovation generally refers to the creation of better or more effective products, processes, technologies, or ideas that are accepted by markets, governments, and society.There are no qualifiers of how ground-breaking or world-shattering that something needs to be; only that it needs to be better than what was there before.

Innovation is more interesting for our life. It is boring to live in the same way everyday. Living innovation can cultivate and help to make people full of creative ideas. As far as I am concerned, Living innovation is helpful to business innovation.

shihongxiang wrote:Let us think about these topics

Why need to innovate?

What is the component of innovation?

What is the core of innovation in business model?

Innovation means that, new opinons are always suspected and usually opposed, means different things to different people.

Daewin's evolution thory answered the first question.
Innovation exist everwhere, in business lesson, it related to all the segments in enterprise.

Actually, Innovation is simple and does not mean how advance, complicate or profundity it is. It just means that realizing something new which is never accomplished by others before.

Relax your mind, innovation is not far from you. Just DO it.