Innovation Concepts

  • Ian E. Maxwell

Some concepts are introduced which are intended to provide insight into the various types and modes of innovation. Many of these innovation concepts will be referred to in other parts of the book.

Innovation Types

Innovation is often linked to new technology but this perception is too simplistic as it may take a number of forms or innovation types. The most common innovation types include: product, process, service and business models as shown in Fig. 2.1.


Business Model Service Innovation Incremental Innovation Business Model Innovation Innovation Type 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Ian E. Maxwell 2009

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  • Ian E. Maxwell

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