Innovation Processes

Innovation processes involve systematically developing new ideas or improving existing ones to create value. It starts with identifying opportunities or problems, then generating and evaluating ideas. The best options are developed into prototypes or models, tested, and refined based on feedback. Once ready, the final product or service is launched to the market. This cycle often involves collaboration, experimentation, and iteration, allowing organizations to adapt and stay competitive. Overall, innovation processes are structured ways to turn creative thinking into practical, impactful solutions for users and businesses alike.