Innovation and Commercialisation

This document discusses the importance of innovation and commercialisation in organizations, specifically focusing on F-drones. It explains the difference between innovation and invention and how they impact the success of F-drones. It also explores how organizational vision, leadership, culture, and teamwork shape innovation and commercialisation. Additionally, it examines the 4Ps of innovation and the use of the innovation funnel to shape innovative ideas. The document further discusses developments in frugal innovation and provides examples of how it is used in F-drones.