Innovation Failure

Innovation failure: When an attempt to create value through novelty does not meet desired outcomes, lacking adoption or commercial success.

More Innovation Glossaries

Followership

Followership

Followership is the strategy of following the first mover into a new industry. It can have advantages such as existing infrastructure and customer base, but also carries risks such as greater competition and slower product innovation.

Value Realization

The process of ensuring the realization of the benefits forecasted by a particular project.

Innovation Velocity

Innovation Velocity: The speed at which new ideas are generated, developed, and turned into valuable products or services.

Top Innovation Failure Resources

Five types of innovation failure

Five types of innovation failure

Find out the root causes of innovation failure and how to understand them before starting a project. This article covers five significant types of failure.

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