This report discusses the various ways in which organisations source and foster innovation, different types of innovation and how they are processed, producing a detailed business case for innovation for an organisation, and evaluating the different tools that organisations can use to develop, retain and protect knowledge and intellectual property. The report focuses on Unilever and Tesco, evaluating the innovations they implement and the sources they use. It also analyses the risks and benefits of innovation and the sources of funds that organisations can use to launch new products and services into the market.