How Many Types of Innovation are there?

August 16, 2016   |   by Chris Kalaboukis

The simplest way to categorize innovation is into two types – incremental and radical.    Incremental innovation is an improvement in an existing thing (e.g. product, process or service).  Radical innovation is finding an entirely new way of doing something.  For example if you had been making spectacles in the 1950s then plastic lenses instead of ...