What are the characteristics that define incrementaldo bette

What are the characteristics that define incremental/do better innovation, radical/do different innovation, and existing frame/new frame innovation? Which innovation activity is the most risky, and why?

Solution

There are several definitions for innovation practices and terminologies. In the most basic sense, radical innovation is a technological or organisational innovation that leads to a totally new kind of a product, rendering all other products as noncompetitive. Take for example the Metal graphics technology that Apple has recently unveiled and will be shipped in-built with the new OS X El Capitan. It is a radical innovation that\'s been claimed to change how graphics technologies work on the Mac platform while considerably reducing energy consumption. So its truly radical in economic sense. Similarly, in organisational view, radical innovations are those that require a \'radical sense of knowledge or know-how\' for the new product to work in the market. For example, take the case of gaming industry. With the release of Windows 10, DirectX has gone to a new level of DirectX 12. However, the new API will require a whole new set of knowledge base to make use of its new features, something which is difficult to achieve in the current scenario.