IDEASCALE BLOG

Tag: breakthrough innovation

An Innovation Lexicon

Innovation lexicon

Innovation means different things to different people. Sometimes it’s hard to have a good conversation about innovation, because people understand the concept in very different ways. Let’s start with a general definition that states “Innovation is something new and useful” incorporates both the concepts of novelty and value. Of course questions arise: What things? How … Continued

Breakthrough Innovation vs. Disruptive Innovation

breakthrough innovation

A breakthrough can be an even bigger deal than a disruption. Aren’t breakthrough innovation and disruptive innovation the same thing? It’s a common question when building innovation strategy. After all, the car, the telephone, the smartphone, the electric car, the solar panel, weren’t these all breakthroughs that were also disruptive? In a sense, yes. But … Continued

Exploration vs. Exploitation Mindset in Breakthrough Innovation

The following is a guest post by Estel Maskagna. Estel is a freelance and creative writer whose work has been featured on PreScouter. She writes on subjects covering innovation, green tech, and environmental topics. She is passionate about self-learning and intellectual exploration. When a company stumbles upon a breakthrough innovation with great potential, should it explore the … Continued