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Innovation and Commercialisation

   

Added on  2022-12-01

14 Pages1149 Words63 Views
Higher Education
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INNOVATION AND
COMMERCIALISATION
Innovation and Commercialisation_1

TABLE OF CONTENT
Introduction
Background of the company
Importance of commercial Funnel
Summary of new Idea
Techniques for testing the effectiveness of the new drinks
Innovative Business Case
Tools for protecting the intellectual property rights
Conclusion
References
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INTRODUCTION
Innovation is the concept which is used by the
organsiation in getting the innovative and the unique
idea in the organisation so that they can make the best
use if their resources in order to get effectiveness within
the organisation. It is the important aspect that needs to
consider by the company in so that they can sustain in
the competitive business environment.
Innovation and Commercialisation_3

BACKGROUND OF THE COMPANY
Akshay Kuman, the founder of the
Essence Drink has started the company
two year ago and where the company is
facing the slowdown in their business.
He launched a beverage, A healthy
mango lassi in the United Kingdom so
that they can increase their profitability
with the increase in the sale.
Innovation and Commercialisation_4

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