Okay-Tech Innovation Hub, powered by IKP is a chain of hardware product startup incubators across the state of Karnataka, spanning over 50,000 throughout completely different centers in Karnataka. Many enterprise leaders fail to implement an innovation strategy as a result of they do not know find out how to get started and believe that it should be a time-consuming course of. The psychological processes in innovation differ from creativity as the action-oriented nature of innovation must be directed in direction of fulfilling a user or market or product need.
In this context we outline innovation because the creation of worth, and Market Driven Innovation as placing emphasis on buyer values, beginning with choices as how a business goes to market; to how they place their brand and products in those markets they proactively select to serve; to the character of their product improvements; and to their search for new services …
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