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probdom [17/12/2018 09:10] ganesh [Case 2 :] |
probdom [26/03/2020 11:49] (current) |
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| A new innovation which is not possible earlier might be applied in the forthcoming projects emerging as new frontier in the market shifting the influence of a particular product making others relatively obsolete. Ex. : Skunk works. | A new innovation which is not possible earlier might be applied in the forthcoming projects emerging as new frontier in the market shifting the influence of a particular product making others relatively obsolete. Ex. : Skunk works. | ||
| - | ===== Case 4 : Sustaining Innovation ===== | + | ===== Case 4 :===== |
| - | **Well defined problem and domain** | + | **//__Sustaining Innovation:__// Well defined problem and domain** |
| The domain already has a operating economy with more players and stakeholders. The problem is well understood so that continuous democratized innovation happens to further perfect the solutions. Research, Development, Design are inherent parts of it, which in turn could influence all other cases. While all others require huge economic/financial support to start, this case requires optimal or minimal support to be another player in the market, while showing several niche differences which would require strength to address and converse with the market. | The domain already has a operating economy with more players and stakeholders. The problem is well understood so that continuous democratized innovation happens to further perfect the solutions. Research, Development, Design are inherent parts of it, which in turn could influence all other cases. While all others require huge economic/financial support to start, this case requires optimal or minimal support to be another player in the market, while showing several niche differences which would require strength to address and converse with the market. | ||