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Exnovation
Exnovation means the process of terminating a practice, or the use of a technology or product, within an organization, community, or society. Put simply, it can be described as the opposite of innovation. Exnovation has also been described as the "flipside of innovation", or the "lesser-known sibling of innovation". In commerce and management, exnovation can occur when products and processes that have been tested and confirmed to be best-in-class are standardized to ensure that they are not innovated further. Companies that have followed exnovation as a strategy to improve organizational performance include General Electric, Ford Motor Company and American Airlines. One of the earliest usages of the term came in 1981, when John Kimberly referred to "removal of innovation from an organisation". In 1996 A. Sandeep provided a modern definition of exnovation as the philosophy of not innovating – in other words, ensuring that best-in-class entities are not innovated further. Since th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Innovation
Innovation is the practical implementation of ideas that result in the introduction of new goods or service (economics), services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity, realizing or redistributing value (economics), value". Others have different definitions; a common element in the definitions is a focus on newness, improvement, and spread of ideas or technologies. Innovation often takes place through the development of more-effective product (business), products, processes, Service (economics), services, technologies, art works or business models that innovators make available to Market (economics), markets, governments and society. Innovation is related to, but not the same as, ''invention'': innovation is more apt to involve the practical implementation of an invention (i.e. new / improved ability) to make a meaningful impact in a market or society, and not all innovations requir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diffusion Of Innovations
Diffusion of innovations is a theory that seeks to explain how, why, and at what rate new ideas and technology spread. The theory was popularized by Everett Rogers in his book ''Diffusion of Innovations'', first published in 1962. Rogers argues that diffusion is the process by which an innovation is communicated through certain channels over time among the participants in a social system. The origins of the diffusion of innovations theory are varied and span multiple disciplines. Rogers proposes that five main elements influence the spread of a new idea: the innovation itself, adopters, communication channels, time, and a social system. This process relies heavily on social capital. The innovation must be widely adopted in order to self-sustain. Within the rate of adoption, there is a point at which an innovation reaches critical mass. In 1989, management consultants working at the consulting firm Regis McKenna, Inc. theorized that this point lies at the boundary between the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phase-out Of Fossil Fuel Vehicles
A phase-out of fossil fuel vehicles are proposed bans or discouragement (for example via taxes) on the sale of new fossil-fuel powered vehicles or use of existing fossil-fuel powered vehicles, as well the encouragement of using modal share, other forms of transportation. Vehicles that are powered by fossil fuels, such as gasoline, gasoline (petrol), Diesel fuel, diesel, kerosene, and fuel oil are set to be phased out by a number of countries. It is one of the three most important parts of the general fossil fuel phase-out process, the others being the Fossil fuel power station#Phase out of fossil fuel power plants, phase-out of fossil fuel power plants for electricity generation and decarbonisation of Secondary sector of the economy, industry. Many countries and cities around the world have stated they will ban the sale of passenger vehicles (primarily cars and buses) powered by fossil fuels such as gasoline, petrol, liquefied petroleum gas, and Diesel fuel, diesel at some time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phase-out Of Incandescent Light Bulbs
Various governments have passed legislation to phase out manufacturing or importation of incandescent light bulbs for general lighting in favor of more energy- efficient alternatives. The regulations are generally based on efficiency, rather than use of incandescent technology. Brazil and Venezuela started the phase-out in 2005, and the European Union, Switzerland, and Australia began to phase them out in 2009. Likewise, other nations are implementing new energy standards or have scheduled phase-outs: Argentina, and Russia in 2012, and Canada,"Canada to ban incandescent light bulbs by 2012" . The cutoff date was subsequently extended. Mexico, Malaysia, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal Phase-out
Coal phase-out is an environmental policy intended to stop burning coal in coal-fired power plants and elsewhere, and is part of fossil fuel phase-out. The health and environmental benefits of coal phase-out, such as limiting Respiratory disease, respiratory diseases and biodiversity loss, are greater than the cost. Coal is the most carbon-intensive fossil fuel, therefore phasing it out is critical to limiting climate change as laid out in the Paris Agreement. The International Energy Agency (IEA) estimates that coal is responsible for over 30% of the global average temperature increase above pre-industrial levels. Some countries in the Powering Past Coal Alliance have already stopped. Coal in China, China and Coal in India, India burn a lot of coal. But the only significant funding for new plants is for coal power in China. Developed countries may part finance the phase out for developing countries through the Just Energy Transition Partnership, provided they do not build any ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuclear Power Phase-out
A nuclear power phase-out is the discontinuation of usage of nuclear power for energy production. Often initiated because of Politics of nuclear power, concerns about nuclear power, phase-outs usually include shutting down nuclear power plants and looking towards fossil fuels and renewable energy. Three nuclear accidents have influenced the discontinuation of nuclear power: the 1979 Three Mile Island accident, Three Mile Island partial nuclear meltdown in the United States, the 1986 Chernobyl disaster in the USSR (now Ukraine), and the 2011 Fukushima nuclear accident in Japan. , only three countries have permanently closed all of their formerly functioning nuclear plants: Italy by 1990, Germany by 2023 and Taiwan by 2025. Lithuania and Kazakhstan have shut down their only nuclear plants, but plan to build new ones to replace them, while Armenia shut down its only nuclear plant but subsequently restarted it. Austria never used its first nuclear plant that was completely built. Cu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Technology Scouting
Technology scouting is an element of technology management in which :(1) emerging technologies are identified, :(2) technology related information is channeled into an organization, and :(3) supports the acquisition of technologies. It is a starting point of a long term and interactive matching process between external technologies and internal requirements of an existing organization for strategic purposes. This matching may also be aided by technology roadmapping. Technology scouting is also known to be part of competitive intelligence, which firms apply as a tool of competitive strategy. It can also be regarded as a method of technology forecasting or in the broader context also an element of corporate foresight.Rohrbeck, Rene (2010) ''Corporate Foresight: Towards a Maturity Model for the Future Orientation of a Firm'', Physica-Verlag, Heidelberg and New York, Technology scouting may also be applied as an element of an open innovation approach. Technology scouting is seen as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Technology Forecasting
Technology forecasting attempts to predict the future characteristics of useful technological machines, procedures or wikt:technique, techniques. Researchers create technology forecasts based on past experience and current technological developments. Like other forecasts, technology forecasting can be helpful for both public and private organizations to make smart decisions. By analyzing future opportunities and threats, the forecaster can improve decisions in order to achieve maximum benefits. Today, most countries are experiencing huge social and economic changes, which heavily rely on technology development. By analyzing these changes, government and economic institutions could make plans for future developments. However, not all of historical data can be used for technology forecasting, forecasters also need to adopt advanced technology and quantitative modeling from experts’ researches and conclusions. History Technology forecasting has existed more than a century, but it de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pro-innovation Bias
In diffusion of innovation theory, a pro-innovation bias is a belief that innovation should be adopted by the whole society without the need for its alteration. The innovation's "champion" has a such strong bias in favor of the innovation, that they may not see its limitations or weaknesses and continue to promote it nonetheless. Example A feeling of nuclear optimism emerged in the 1950s in which it was believed that all power generators in the future would be atomic in nature. The atomic bomb would render all conventional explosives obsolete and nuclear power plants would do the same for power sources such as coal and oil. There was a general feeling that everything would use a nuclear power source of some sort, in a positive and productive way, from irradiating food to preserve it, to the development of nuclear medicine. There would be an age of peace and plenty in which atomic energy would "provide the power needed to desalinate water for the thirsty, irrigate the deserts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Open Innovation
Open innovation is a term used to promote an Information Age mindset toward innovation that runs counter to the secrecy and silo mentality of traditional corporate research labs. The benefits and driving forces behind increased openness have been noted and discussed as far back as the 1960s, especially as it pertains to interfirm cooperation in R&D. Use of the term 'open innovation' in reference to the increasing embrace of external cooperation in a complex world has been promoted in particular by Henry Chesbrough, adjunct professor and faculty director of the Center for Open Innovation of the Haas School of Business at the University of California, and Maire Tecnimont Chair of Open Innovation at Luiss. The term was originally referred to as "a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology". More recently, it is defined as "a distributed in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ideas Bank
An ideas bank is a widely available shared resource, usually a website, where people post, exchange, discuss, and polish new ideas. Some ideas banks are used to develop new inventions or technologies. Many corporations have installed internal ideas banks to gather the input from their employees and improve their ideation process. Some ideas banks employ a voting system to estimate an idea's value. In some cases, ideas banks can be more humor-oriented than their serious counterparts. Many ideas banks are provided as free of charge, or set around certain companies in general to work out new inventions. Although ideas are provided by a community of people, problems can arise when people take the ideas from the site and begin developing them. There is no possible way to prove that the idea on the ideas bank was original and not taken from something else. Innovation The front end of innovation is quite distinct from the remainder of the innovation process. When the very best idea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frugal Innovation
Frugal innovation or frugal engineering is the process of reducing the complexity and cost of a good and its production. Usually this refers to removing nonessential features from a durable good, such as a car or telephone, in order to sell it in developing countries. Designing products for such countries may also call for an increase in durability and, when selling the products, reliance on unconventional distribution channels. When trying to sell to so-called " overlooked consumers", firms hope volume will offset razor-thin profit margins. GlobalizationBhatti,Y. Khilji, S. & Basu, R. 2013. Frugal Innovation. In Globalization, Change and Learning in South Asia. Edited by Khilji, Shaista & Rowley, Chris. UK: Chandos Publishing/ref> and rising incomes in developing countries may also drive frugal innovation. Such services and products need not be of inferior quality but must be provided cheaply. While frugal innovation has been associated with good-enough performance, in some sectors ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
