Operational Strategies: Innovation-Unit 13
- Created by: Emma Boyle
- Created on: 20-12-14 21:41
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- Operational Strategies: Innovation- Chapter 13
- R&D- The scientific investigation necessary to discover new products or manufacturing processes.
- Benefits of R&D and innovation
- Improve quality
- Enter new markets
- Increase value added
- Increase product range
- Reduce costs
- Improve capacity
- Improve capacity
- Meet regulations
- Problems with innovation and R&D
- Uncertainty
- Operational difficulties
- Competition
- Generic products
- Benefits of R&D and innovation
- Innovation: Successfully exploiting new ideas in a business situation
- Aims of innovation
- Meet regulations
- Reduce environmental impact
- Increase product range
- How to improve the chances of successful innovation
- Protection
- Early planning
- Developing
- Aims of innovation
- R&D- The scientific investigation necessary to discover new products or manufacturing processes.
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