Basic Research: This is the type of work done at universities and some R&D labs. There isn’t a clearly defined outcome. The point is to discover more about how things work. Some say that basic research isn’t innovation, because it does not necessarily result in...
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According to innovation experts such as Ray Stata and James Higgins of Higgins and Associates, there are basically four types of innovation that organizations involved in Quality Management strategies need to be concerned about: product, process, marketing, and management. These four types are coupled with...
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[vc_row][vc_column][vc_column_text]"Computer power is now 8,000 times less expensive than it was 30 years ago. If we had similar progress in automotive logistics technology, today you could buy a Lexus for about $2. It would travel at the speed of sound and go about 600 miles...
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