Mohd Iskandar Illyas TanFSKSMUTM
IT ENTREPRENEURSHIP(SCD4763)
Chapter 2Technology, Innovation and
Creativity
Chapter Objectives
1. Explain innovation2. Differentiate between innovation
and invention3. Explore the the world innovation4. Understand the innovation success
& failures
• A new idea, method or device
• The process of making improvements by introducing something new
• The successful exploitation of new ideas
Innovation
Types of Innovation
Types of Innovation
Business M odel
M arketing
OrganisationalProcess
Product
ServicesSupply Chain
Financial
Substancial
• Invention is the first occurrence of an idea for a new product or process
• Innovation is the first attempt to carry it out into practice.
Innovation vs Invention
20. Japan19. Austria18. Norway17. Luxembourg16. Korea15. New Zealand14. Israel13. Ireland12. Germany11. Iceland
10. UK9. Netherland8. Canada7. USA6. Denmark5. Finland4. Hong Kong3. Singapore2. Sweden1. Switzerland
Global Innovation Index (2011)
20. France19. Germany18. Norway17. Austria16. Israel15. UK14. Canada13. Luxembourg12. Netherland11. Denmark
10. Sweden9. Japan8. USA7. Finland6. Hong Kong5. Ireland4. Iceland3. Switzerland2. South Korea1. Singapore
Global Innovation Index (2013)
20. Disney19. GE18. IBM17. Cisco16. BYD15. Sportify14. Intel13. Nike12. Neflix11. Hulu
10. HP9. Wallmart8. Novartis7. PG&E6. First Solar5. Huawei4. Google3. Apple2. Amazon1. Facebook
Fast Company Most Innovative Company 2010
20. SeeChange19. Online Fashion18. Buzzfeed17. Samsung16. Tencent15. Pig Newton14. The Coca Cola13. Apple12. Airbnb11. Google
10. Target9. Safaricom8. Pinterest7. Sproxil6. Uber5. Fab4. Splunk3. Square2. Amazon1. Nike
Fast Company Most Innovative Company 2013
“What made the iPod truly innovative was its combination of
aesthetic design, elegant ergonomics and ease of use. Also, there was the creation of the iTunes that
enabled listeners to integrate with their iPod. It is the
combination of all these elements that made the iPod truly
innovative”
Innovation Success – The I Era
Arguably ahead of its time, Apple debuted this PDA device in 1993. Computerworld says it flopped partially because of its high price ($700 or more), bulkiness and the inaccuracy of the handwriting recognition.
The Newton faded away in 1998, but chartered the course for the Palm Pilot in the late 90's and the popular BlackBerry & iPhone today.
Innovation Failure – Apple Newton
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