Question

Explain two types of services innovation with suitable example.

Answer 1

Incremental Innovation is the most common form of innovation. ... Almost all companies engage in incremental innovation in one form or another. Examples include adding new features to existing products or services or even removing features (value through simplification).

Answer 2

Explanation:

Almost all companies engage in incremental innovation in one form or another. Examples include adding new features to existing products or services or even removing features (value through simplification).