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Innovation and Commercialisation in Desklib

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Added on  2023-01-13

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This report discusses the importance of innovation and commercialisation in Desklib. It compares innovation with invention and highlights the role of company vision, leadership, culture, and teamwork in shaping innovation and commercialisation. The report also explores the 4P's of innovation and the use of frugal innovation in an organizational context.

Innovation and Commercialisation in Desklib

   Added on 2023-01-13

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Innovation &
Commercialisation
Innovation and Commercialisation in Desklib_1
Table of Contents
INTRODUCTION...........................................................................................................................1
Task 1...............................................................................................................................................1
P1 Innovation and its importance to corporation by comparing with invention..........................1
P2 Company's vision, leadership, culture and teamwork could shape innovation and
commercialisation........................................................................................................................3
Task 2...............................................................................................................................................4
P3 4P's of innovation and innovation funnel to evaluate and shape different ideas....................4
P4 Frugal innovation is used in organisational context...............................................................5
Task 3 (Covered in PPT)..................................................................................................................6
P5 Importance of commercial funnel and application of new product .......................................6
P6 Business case for innovation and funding ways ....................................................................6
Task 4 (Covered in PPT)..................................................................................................................6
P7 Evaluation of tools that protects intellectual property............................................................6
CONCLUSION................................................................................................................................6
Innovation and Commercialisation in Desklib_2
Innovation and Commercialisation in Desklib_3

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