This is a fairly decent article that summrizes some of the major streams of thought regarding innovation." Innovation means creating value from ideas," says John Bessan. People often confuse innovation, which requires the creation of value, with ideation, which is the process of thinking of new products or processes, he says. "If I have a great idea for a heart valve, I will need a long time to refine the idea, take on board other people's input and knowledge to develop it, and require users to test it." This characterization isn't new by any means, but I liked the way it captured the idea in an introductory fashion.
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