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  2. Business idea - Wikipedia

    en.wikipedia.org/wiki/Business_idea

    Business ideas that solve problems are fundamental to developing the world and companies such as Curemark are one of many who do this. Curemark is a biotech company founded by Joan Fallon, who noticed that a lot of the children she treated were low on an enzyme for processing protein and since then she has quit her job and has built Curemark to ...

  3. New business development - Wikipedia

    en.wikipedia.org/wiki/New_business_development

    Innovative technology provide important opportunities for new business development. For a company it is important to keep products and processes up to date, to stay competitive (Ford et al., 2006). Continuous investment in innovation for both products and processes makes it more difficult for others to offer a large technological functionality ...

  4. Innovation management - Wikipedia

    en.wikipedia.org/wiki/Innovation_management

    With the current innovation environment becoming increasingly competitive and costly, many corporate innovation managers are thinking about how AI can be applied to their companies' innovations. AI can provide a lot of auxiliary help, information management can be handled quickly, using AI to support the innovation process can reduce risk and ...

  5. The most innovative and inventive drug companies of 2022 set ...

    www.aol.com/news/most-innovative-inventive-drug...

    IDEA Pharma, a life sciences strategy firm which advises biotech and pharmaceutical companies on the best pathways to true innovation in drug development, is out with its 11 th annual ...

  6. New product development - Wikipedia

    en.wikipedia.org/wiki/New_product_development

    A cross-functional innovation management committee is a team of individuals from different company departments, including marketing, engineering, design, manufacturing, and research and development, who are responsible for overseeing and managing the new product development process. This committee helps to ensure that all aspects of new product ...

  7. Innovation leadership - Wikipedia

    en.wikipedia.org/wiki/Innovation_leadership

    Exploratory and value-added innovation require different leadership styles and behaviors to succeed. [14] Value-added innovation (PwC, 2010) involves refining and revising an existing product or service and typically requires minimal risk taking (compared to exploratory innovation, which often involves taking a large risk); in this case, it is most appropriate for a leader for innovation to ...

  8. Disruptive innovation - Wikipedia

    en.wikipedia.org/wiki/Disruptive_innovation

    An 1880 penny-farthing (left), and a 1886 Rover safety bicycle with gearing. In business theory, disruptive innovation is innovation that creates a new market and value network or enters at the bottom of an existing market and eventually displaces established market-leading firms, products, and alliances. [1]

  9. Strategic information system - Wikipedia

    en.wikipedia.org/wiki/Strategic_information_system

    innovation strategy: Provides products or services with latest innovations [5] Alliance strategy: Creates cooperative relationships that benefit both suppliers and other companies, even with competitors [5] Growth strategy: Helps companies develop and diversify their market [5] Quality strategy: Helps improve the quality of product and services [5]

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