Creativity And Innovation Case Study

1. What are innovation and the factors influencing it?

Innovation is the process of generating and translating thoughts, invention or an idea into physically services or goods that creates values. Innovation must be at an economical cost, replicable and also need to satisfy and completing a specific need. Innovation is a process of deliberating application of imaginations, information and initiative in deriving greater of different values from resources which includes all process by which new ideas are generated and converted into useful goods of products. That is the general means of innovation and as in business, an innovation often and always results when ideas are applied by the company in order to satisfy the further expectations and needs of customers while in socially perspectives, innovation will helps create new methods of alliance creation, joint venturing, flexible work hours and the creation of buyer’s purchasing power.

There are five factors that can

What are creativity and its connection to innovation? The connection between the creativity and innovations can be see with their definitions between those two. The definition of creativity, it is a mental ability among other mental abilities that anyone and everyone is capable of into an infinite kind of forms. It is also often defined as the mental ability to conceptualize or imagine new, unusual or unique ideas, to see the new connection between seemingly random or unrelated things.

Creativity arises through the confluence of three major components of creativity. It is expertise, motivation, and creative thinking skills. It is where the expertise is actually knowledge of all the relevant understanding and individual brings to bear on a creative efforts. While the motivation is the key to creative production such having an intrinsic passion and interest in the works and as for creative thinking skills, it relates to how people approach problems and depends on personality and working