Innovation Definition

Dragon1 Icon for Innovation
Dragon1 Icon for Innovation

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Dragon1 Definition for Innovation:
Innovation is the fundamental redesign of a product, system, process, or service.

Let us define Innovation

What is innovation? What is real innovation meaning? What are examples of technological innovations? Please read it here!

Definition

On Dragon1, the definition of innovation is the fundamental redesign of a system. The fundamental redesign means to reach the same outcome. Actions, steps, materials, technology, knowledge, and science are used.

Self-Driving Car.

The usage of these other things leads, for example, to a completely different way of producing things, a completely different energy footprint, or a completely different cost/benefit balance. And that is innovation.

Within an enterprise context, innovation is often the fundamental redesign of business processes and information systems.

Sometimes, an idea or just a new product, service, or invention is also called an innovation. But here we draw the line where there is a fundamental redesign or there is not.

What has Changed - Real Innovations

A key question to get towards innovation is: What has really changed? What are people really doing differently?

3D Prosthesis Printer.

What different opinions do they have? The questions to these answers are needed as requirements (design input) to redesign something fundamentally.

Example answers to the question, 'what has changed', are:

Today, we find it normal to talk with people across the globe.
Today, we no longer want to spoil the water.
Today, we think that everyone has the right to freedom of speech.
Today, we find it normal that cars think for themselves.
Today, we don't mind organizations anticipating what we don't already know we want.

Smart eHealth Watch.

Without new extreme requirements, no innovation can be done.

An example of requirements that drive innovation is:
I want a means of transport that does not use fossil fuel, does not cost more than 1000 dollars, brings me within an hour 100 miles further, and can be built environment-friendly.