Innovation Theory
The study of how new ideas, products, and processes are developed and brought to market.
The study of how new ideas, products, and processes are developed and brought to market.
Innovation that creates a new market and value network, eventually disrupting and displacing established market-leading products or services.
A strategy or plan that outlines how a company will launch a product to market, including target audience, marketing tactics, and sales strategy.
The stages a product goes through from introduction to growth, maturity, and decline, influencing marketing and development strategies.
New Product Development (NPD) is the complete process of bringing a new product to market, from idea generation to commercialization.
A pricing strategy where a core product is sold at a low price, but complementary products are sold at higher prices.
A specific form of banner blindness where users ignore content placed in the right-hand rail of a web page.
The use of data and insights to understand and manage relationships with customers and prospects.
The phenomenon where people continue a failing course of action due to the amount of resources already invested.