The Cyclic Innovation Model ( Cim )

1386 WordsAug 19, 20166 Pages
Q1. Use the Cyclic Innovation Model (Fig 1.9, pg 30) figure to illustrate the innovation process in this case and provide a brief description? According to The cyclic innovation model (CIM) is a model of innovation process that a company adapts to introduce new products and a combination that is backed by the use of innovation so that they are able to evolve within the current market. According to (Trott, Paul 2008) The most important feature of the cyclic innovation model is not the chain but the circle of innovations build on innovations. The Cyclic Innovation Model has four processes, which are as follows product creation, technological development, scientific research, market transition, and entrepreneurship that at the center of these four main processes. Natural and life sciences Cycle: Most innovations are applications of an already existing technology for instance Gore-Shield was the only radical innovation in this field for decades. According to (Trott, Paul 2008) In the case Gore-Tex new science led to the discovery of ePTFE and the fluoropolymer research hard infrastructure knowledge. Intergrated engineering cycle: Gore has much to develop other products overtime the time with the use of innovations. Gore have managed develop the Multi-Tet Calbe and the Gore-Tex through the use of the PTFE. Differentiated services cycle: During this cycle all further applications must be able to adapt to the market needs. In Gore case the innovation is adjusted to address

More about The Cyclic Innovation Model ( Cim )

Open Document