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Ecosystem for Innovation Engine

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Presentation on theme: "Ecosystem for Innovation Engine"— Presentation transcript:

1 Ecosystem for Innovation Engine
Chapter 3

2 Innovation Engine Inside of innovation engine:
Knowledge – fuel for imagination Imagination – catalyst for the transformation of knowledge into new ideas Attitude – spark that sets the innovation engine in motion

3 Innovation Engine Outside of innovation engine
Resources – all assets in a community Habitat – the people in the team, the rules, rewards and the physical space Culture – collective beliefs, values and behaviors in a community

4 Systematic Inventive Thinking
Serendipitous (pure chance) inventions – basketball game invented by James Naismith in 1891. Process of ideation – new, useful and surprising.

5 Systematic Inventive Thinking
Innovation by Subtraction Example: ?????? Self-service

6 Systematic Inventive Thinking
2. Innovation by Division a. Functional division – Check-in-process, shampoo (cleansing and conditioners) b. Physical division – jigsaw puzzle c. Preserving division – smaller packages, diet-friendly, convenient versions

7 Systematic Inventive Thinking
3. Innovation by Multiplication A component has been copied but changed in some ways, usually in a way that initially seemed unnecessary or odd. E.g. children bicycle with 2 training wheels, Picture-in-picture, Gillette shaver TRAC II Twin Blade Shaving system

8 Systematic Inventive Thinking
4. Innovation by Task Unification Tesco: Homeplus Subway Virtual Store (Movie)

9 Systematic Inventive Thinking
Innovation by Attribute Dependency


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