Adding to The Innovation Taxonomy

Bengt-Arne Vedin

Abstract


Innovation might be described in a number of categories: radical, disruptive, incremental, or, by type, product, process, and service innovation. Social and conceptual innovations are decidedly more abstract. In recent years, open and also frugal innovation have been defined. This essay suggests and contemplates four additional concepts. Mesovation is in between radical and incremental innovation. Exovation stands for systematic ways to reduce barriers to innovation. Metovations are novel methods or systems affecting conditions for innovation. Lastly, ynnovation would be cultural innovation.


Keywords


innovation, taxonomy, ideas, concept

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References


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DOI: http://dx.doi.org/10.18533/ijbsr.v4i2.395

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International journal of business and social research (Print)
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