Innovation engineering leads to new innovations which lead to improvement and advancement. In this article, we will cover the importance of new innovations, continuous innovation, the innovation framework for the diffusion of innovation along with some examples. Sinnaps project planning tool can help to support your innovation development and its realisation.

 

new innovations

 

The Importance of New Innovations

 

New innovations are constantly being sought out as innovation engineering is what is changing our world. Advances in new innovations help to improve living standards and society in some cases and the different types of innovation help to improve every sector and industry and keeps organisations on their toes as regards advancing and surviving in the market.

 

What is the Diffusion of Innovation?

 

Innovative projects require acceptance and adaptation to be regarded as successful. The diffusion of innovation model allows businesses to understand the process of adoption over time. It essentially breaks down the types of consumers with regards to innovation and how to engage as a business with the following types of consumers:  

 

  • Innovator
  • Early Adopters
  • Early Majority
  • Late Majority
  • Laggards

 

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Examples of New and Innovative Ideas

 

The innovation cycle leads to overall improvements in whatever area the innovation is made. Here are a few examples of new and innovative ideas that stand out to us:

  • Agricultural Drones: This new innovation has helped farmers to treat their crops using a camera and drone. They help in terms of time, precision and effort and greatly improve the process of checking the land for agricultural workers. Thanks to technological advancements, farmers’ jobs have been made that much easier.
  • Brain Mapping: The brain is something that we still fail to fully understand. Recent advances and innovation techniques have allowed for the development of a brain mapping technology. The Human Brain Project have developed a three-dimensional atlas of the brain which is helping research and our learning about the brain and its functions.
  • Microscale 3D Printing: 3D printing is one of the examples of new and innovative ideas that is sure to be big in the future. Until now, 3D printers could only print plastic, however now, a group of researchers at Harvard are printing intricate objects out of different materials. The future could see artificial organ printing which would greatly improve healthcare.

 

Social Innovation

 

Social innovation refers to the process of developing and using effective solutions to challenging social and environmental issues in support of social progress and improvement. Social innovation therefore is a very outcome driven innovation type. An example of social innovation is emissions trading.

Emissions trading is a pollution control program that uses economic incentives to help reduce emissions. A cap is set on the total amount of emission of a certain pollutant and businesses receive permits if they wish to pollute. Companies with higher levels of emissions can buy credits from other companies that have reduced their pollutant output and over time the cap decreases.

 

Open Innovation

 

Open innovation describes the concept that, in order to foster innovation, it should be a distributed practice with more participation, allowing for a sustaining innovation environment. Open innovation is an approach to innovation that is focused on sharing information and recognises that no company can innovate effectively on its own.

Open innovation is very reflective of the collaborative working environment stimulated by the Sinnaps community, where people can share their knowledge and project management experience as well as useful project templates so that everyone can reap the benefits of effective and efficient work.

 

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Top Innovation Industries

 

The following are examples of some of the top innovation industries to keep an eye on:

  1. Virtual Reality: Technology in general is a booming industry for new innovations and virtual reality is one of the most exciting research innovations for the future. It is becoming increasingly popular among tech enthusiasts and is sure to see widespread adoption in the future.
  2. Green Energy: Green energy is one of those subtly cool innovations because it comes with a lot of benefits. It is steadily overcoming any barriers to innovation and is growing at a steady pace, especially in the US, following the example of Europe and China. Whether it’s electric cars or rooftop solar panels, we will be sure to see more of these new innovations in the near future.  
  3. Mobility Technology: Many innovation articles are covering the steady emergence of mobility technology. Self-driving cars are beginning to disrupt the automotive industry and serve as a clear example in terms of how to be innovative. Many manufacturers are looking into this discontinuous innovation and developing autonomous vehicles as we speak!

Overall, innovation and change are essential to our development and advancement as a society and economy. In this article, we have covered some sustaining innovation examples, the diffusion of innovation and some of the different types of innovation. Try Sinnaps today and see how the cloud-based project management software can help you take your ideas and turn them into reality!

 

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Leave us a comment with some of your favourite innovations. 😊

 

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