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innovation
(redirected from Incremental innovation)

   Also found in: Medical, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
innovation noun adaptation, alteration, breaking of precedent, change, change in method, departure, digression, divergence, diversification, exchange of obligations, modernization, modification, mutare, neoterism, new device, new idea, new method, new phase, novare, novelty, radically new measure, revision, revolution, shift, variation

INNOVATION. Change of a thing established for something new.
     2. Innovations are said to be dangerous, as likely to unsettle the common law. Co. Litt. 370, b; Id. 282, b. Certainly no innovations ought to be made by the courts, but as every thing human, is mutable, no legislation can be, or ought to be immutable; changes are required by the alteration of circumstances; amendments, by the imperfections of all human institutions but laws ought never to be changed without great deliberation, and a due consideration of the reasons on which they were founded, as of the circumstances under which they were enacted. Many innovations have been made. in the common law, which philosophy, philanthropy and common sense approve. The destruction of the benefit of clergy; of appeal, in felony; of trial by battle and ordeal; of the right of sanctuary; of the privilege to abjure the realm; of approvement, by which any criminal who could, in a judicial combat, by skill, force or fraud kill his accomplice, secured his own pardon of corruption of blood; of constructive treason; will be sanctioned; by all wise men, and none will desire a return to these barbarisms. The reader is referred to the case of James v. the Commonwealth, 12 Serg. & R. 220, and 225 to 2 Duncan, J., exposes the absurdity of some ancient laws, with much sarcasm.

INNOVATION, Scotch law. The exchange of one obligation for another, so that the second shall come in the place of the first. Bell's Scotch Law Dict. h. t. The same as Novation. (q. v.)



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Then you have to define whether you're talking about incremental innovation, such as a brand extension of toothpaste, or more radical, breakthrough ideas.
To clarify the relationship between innovation, corporate strategic scope and organizational capabilities, four different perspectives of innovations ranging from incremental innovation to innovations leading to drastic change have been offered (Hickman & Raia, 2002).
While incremental innovation is about improvements in either cost or features of an existing product, the authors describe a "radical innovation" as "a product, process, or service with either unprecedented performance features or familiar features that offer potential for significant improvements in performance or cost.
 
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