What are some examples of incremental innovation?
An example of an AI chatbot conversation about incremental innovation in products and services.
What are some examples of incremental innovation?
Incremental innovation refers to small improvements or upgrades made to existing products or services. For example, a smartphone manufacturer might release a new model with a better camera and longer battery life.
Can you give me more specific examples?
Sure! Some specific examples include: 1) Upgraded software versions for apps, 2) Improved fuel efficiency in cars, 3) New flavors or packaging for snacks.
How does incremental innovation differ from radical innovation?
Incremental innovation involves gradual improvements, while radical innovation introduces groundbreaking changes that can create entirely new markets or disrupt existing ones.
What are the benefits of incremental innovation?
Benefits include lower risk, easier implementation, and the ability to respond quickly to customer feedback and market changes.
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