Even Geeks Can Come Up with Non-tech Innovation
Raphael H Cohen
Chapter 3 in Pre-Project Excellence, 2024, pp 21-33 from Springer
Abstract:
Abstract To implement ISO 56007, organizations can use the content of this chapter to gain a deeper understanding of innovation and how it can be applied in various contexts. This chapter showcases various examples of business initiatives across different industries, highlighting the potential of non-tech innovations. Innovation can take various forms, such as new packaging, new services, new marketing schemes, or new management approaches. By studying the different forms of innovation and learning from successful business initiatives, organizations can align their practices with the principles outlined in ISO 56007 and enhance their innovation capabilities. This chapter also mentions the role of technology in enabling innovation. It explains the difference between invention and innovation. It emphasizes the importance of democratizing innovation. It also explores the concept of non-tech innovation as the “low-hanging fruit” that organizations often overlook, leading to missed opportunities.
Keywords: Business initiatives; Non-tech innovation; Low-tech innovation; Industry examples; Democratizing innovation; Creativity; Imagination; Intellectual property; Business models; New packaging; New services; New ways to access information; New distribution channels; New marketing schemes; Customer satisfaction; Cost reduction; Brand loyalty; Market advantage; Opportunities; Customer needs; Preferences; ISO 56007; Low hanging fruit (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:fuobcp:978-3-031-61774-4_3
Ordering information: This item can be ordered from
http://www.springer.com/9783031617744
DOI: 10.1007/978-3-031-61774-4_3
Access Statistics for this chapter
More chapters in Future of Business and Finance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().