TYPES OF INNOVATIONS

Architectural Innovation

The existing technology is introduced in new markets. This is a market expansion strategy. It also helps to overthrow competitive products with the right service and pricing.

Radical Innovation

It creates new technology that gives birth to new industries. The discovery of Bluetooth connectivity led to innovation of wireless laptops, keyboards, mouse, ear pods and so on. This in turn gave birth to industries that catered to this need.

Incremental Innovation

It uses existing technology and increases its value to customers by enhancing the features of the product. For example, additional attachments and accessories are given along with household appliances.

Disruptive Innovation

The newer technology surpasses the old and disrupts companies manufacturing the old product. For example, LEDs (Light Emitting Diode) and CFLs (Compact Fluorescent Lights) disrupted intensely hot light bulbs.

INNOVATION IN EDUCATION SYSTEM

Innovation may be introduced in education system in the following ways:

• Allow imagination to flourish.
• Think outside the box.
• Ask a lot of open ended questions. Open ended questions are those that require more thought than a simple one word answer.
• Do not be afraid to try new things.
• Bring newness to the routine.
• Make your own STEMM bins. A STEMM bin is a comprehensive kit that can be used while working on projects. It consists of blocks, cubes, pattern blocks, dominoes, tape, post-it, cue cards, ice-cream sticks, velcro, mini cups, empty tissue rolls, clay, toothpicks, pipes, shoe lace, instruction leaflet, cleaning cloth etc.

Innovative Project Ideas

A solar powered hot plate –

To cook and heat food. This will save electricity as cooking is a daily need in almost every household.

A device to track purses and wallets in the event of theft –

This device can be placed in the purse or wallet and will trigger a message to the phone and smart watch as soon as it is at a certain distance away from the phone and smart watch. It can be equipped with a live tracking feature.

Portable cooling box for the room –

This could run on water and can be powered by solar energy. It will save electricity during summers and can replace air conditioners and coolers.

An indicator to alarm the vehicle owner if keys are left inside the vehicle –

A message can be sent to the vehicle owner via the phone and smart watch. This will reduce theft.

Build portable and foldable tents for the homeless –

These tents can be carried as a bag pack and will protect the homeless from rain and cold weather. This tent should be easy to assemble and light in weight to be carried around.