A Systems View Across Time and Space
Table 1 Definition of innovation from business practitioners
From: Innovation strategy on the example of companies using bamboo
Definition | Author’s name | Who is the author |
|---|---|---|
Transforming ideas and concepts in a solution that will bring benefits and specific value to the client | Nick Skillicorn | Chief editor of Idea to Value and also the CEO & Founder of Improvides Innovation Consulting |
The application and implementation of ideas and concepts that are innovative and beneficial. The beginning of all innovation, the main core of novel concepts is the employees’ creativity, the ability to create and generate new and advantageous ideas | David Burkus | Best-selling author, award-winning podcaster, and associate professor of management at Oral Roberts University |
A fundamental, essential, and basic way in which a company adds solid and systematically growing value to its business and satisfy the needs of its customers and, consequently, to the business owners | Paul Hobcraft | Adviser of numerous organizations on innovation for over 15 years and is consistently considered one of the world’s top innovation bloggers |