Wednesday, May 25, 2005

Categories of innovation

The Innovation Weblog has a post entitled "Categories of Innovation" which references a list of three categories of innovation and three types of innovative companies:

The three categories of innovation:
  1. Incremental
  2. Substantial
  3. Radical

The three types of innovative companies:

  1. Pioneer
  2. Fast Follower
  3. Opportunistic

I don't think there's any implication as to which might be "better", but an entrepreneur should be very clear about how you're positioned in these categories.

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