Innovation is...
There are many different interpretations of innovation and definition can be a tricky business. For the purposes of the ANUBIS project we have chosen to view innovation as it relates to business rather than just tools or technology. The interest of the project is in how ICT can be used in innovative ways to promote competitiveness and generate wealth.
...a source of commercial value
"The capacity to innovate is the source of a company’s enduring strength"
Roger Bean/Russell Radford, The Business of Innovation
...a strategic imperative
"A commercial enterprise has two, and only two, functions: to innovate and to market. All of its other activities are costs"
Peter Drucker, Innovation & Enterpreneurship
...an ongoing and structured process
"It involves the process of taking an idea and developing it into a concept, which finally leads to an innovation... It is a management discipline. It does not come about through a random or hit-and-miss approach, but it requires design"
Gerard H Gaynor, Innovation by Design
...something radical
"Innovation is the economic religion of the 21st century. But it's no longer enough to differentiate you from the bunch. To thrive today you need radical Innovation"
Wolfgang Grulke with Gus Silber, Lessons in Radical Innovation
"The first commercial use of a product or a process that hasn’t previously been exploited"
Mid-century economist Joseph Schumpeter
