Entrepreneurship

Entrepreneurship

1. INNOVATION

   • Occurs if someone either invents something new and builds upon it or improves on or makes a significant contribution to an existing product, process or service.
     • IS NOT JUST ABOUT PRODCUCTS.

2. INVENTION

   • Can be defined as the creation of a product or introduction of a process for the first time.

3. SYSTEMATIC INVENTIVE THINKING

   • Subtraction
     • “The elimination of core components rather than an addition of new systems and functions"
       • 1. List internal components
         • 2. Remove one essential component
           • 3. Visualize the resulting virtual product
             • 4. Identify potential user needs
               • 5. If necessary, replace function with something from Closed World (That will be close by anyway)
                 • 6. Modify new product to improve it
   • Task Unification
     • “The assignment of new tasks to an existing resource (i.e. any element of the product or its vicinity within the manufacturer’s control)”
       • 1. List product’s internal/external components
         • 2. Assign an additional task to one component
           • 3. Visualize the resulting virtual product
             • 4. Identify potential user needs
               • 5. Identify potential challenges
                 • 6. Modify product to improve it
   • Multiplication
     • “A multiplication of elements already existing in the product along with a required adjustment - “Qualitative Change”.
       • 1. List components
         • 2. Multiply a component
           • 3. Change the multiplied component
             • 4. Visualize the resulting virtual product
               • 5. Identify potential user needs
                 • 6. Modify the product to improve it
   • Innovation follows a set of patterns that can be re-applied to any product, service, or proces
   • a new innovation method developed
     • by Dr. Jacob Goldenberg
   • Division
     • “Dividing a product and/or its components functionally or physically and then rearranging them.”
       • 1. List product’s internal components
         • 2. Divide the product and/or one or more components: *Functional (divide along functional role) *Physical (cut along any physical line) *Preserving (each part preserves the characteristics of the whole)
           • 3. Visualize the resulting virtual product
             • 4. Identify potential user needs
               • 5. Modify the product to improve it
   • Attribute Dependency
     • “The creation/removal of symmetries or dependencies between existing product properties.”
       • 1. List internal/external variables
         • 2. Pair variables (using a 2 x 2 matrix
           • Internal/Internal
           • 3. Create (or break) a dependency between the variables
             • 4. Visualize the resulting virtual product
               • 5. Identify potential user need
           • Internal/External