This report explores the concept of innovation and commercialisation and their importance in an organisation, specifically focusing on Samsung. It discusses the difference between innovation and invention, and how organisational vision, leadership, culture, and teamwork shape innovation and commercialisation. The report also delves into the 4 Ps of innovation and the use of the innovation funnel to shape innovative ideas. Additionally, it explores the development of frugal innovation in the context of Samsung's plans to introduce holographic phones. 

Discover the significance of innovation and commercialisation in an organization and its impact on vision, leadership, culture, and teamwork. Explore the 4 Ps of innovation and the innovation funnel. Learn about frugal innovation at Samsung.

Importance of Innovation and Commercialisation in Organisation

Innovation and Commercialisation

Leadership Management

Design and Creativity

Innovation and Commercialization Importance - Doc

This document discusses the concepts of innovation and commercialization in organizations. It explains the difference between invention and innovation, and the importance of both to companies. The document also explores the impact of leadership, teamwork, and organizational culture on innovation, using Samsung as an example. It provides insights into Samsung's background and its commitment to innovation.

Mont Rose College

Business Development

Professional Development

Electrical Engineering

Materials Science and Engineering

Innovation and Commercialization

This presentation discusses the importance of commercialization and the new product development process, with a focus on Samsung. It explores the commercialization funnel, stages of new product development, and the business case of the organization. The presentation concludes with the significance of innovation and commercialization in driving sales and growth.

PowerPoint Presentation

Film and Theatre

Digital Media and Video Games

Unit 8: Innovation and Commercialisation

Electronics

This document discusses the importance of innovation and customization in organizations. It explores the role of vision, leadership, teamwork, and culture in shaping innovation. The document also covers the 4P's of innovation and the developments in frugal innovation. Additionally, it highlights the importance of the commercial funnel and the application of new product development. The document concludes with an innovation business case for Samsung Electronics.

Innovation and Commercialisation

About This Document

Innovation and Commercialization Importance - Doc

Innovation and Commercialization

Innovation and Commercialisation

Unit 8: Innovation and Commercialisation

Innovation and Customization in Organization

Innovation and Commercialisation Assignment : Samsung

Innovation and Commercialisation

About This Document

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Innovation and Commercialization Importance - Doc

Innovation and Commercialization

Innovation and Commercialisation

Unit 8: Innovation and Commercialisation

Innovation and Customization in Organization

Innovation and Commercialisation Assignment : Samsung