InnovationDecision
Innovationdecision refers to the process of evaluating and choosing among different innovation options. It is a critical component of the innovation management process, which involves identifying, developing, and implementing new ideas, products, services, or processes to meet organizational goals. The decision-making process in innovation typically involves several stages, including problem identification, idea generation, concept development, feasibility analysis, and final selection.
The innovationdecision process is influenced by various factors, including market demand, technological feasibility, financial viability, and
Effective innovationdecision-making involves a structured approach to evaluate and prioritize innovation options. This may include the
Innovationdecision-making is not a one-time event but an ongoing process that evolves as new information becomes