Introduction Innovation, in simple terms, is enhancing the use of a product or a service by adding an extra feature to it. In other words, it means making existing products and services of an organisation more useful (Chun, Chung and Bang, 2015). The report below is based on Rowlinson Knitwear, a ...

INTRODUCTION Innovation and commercialisation is very important for every organisation. As it helps in providing innovative and new products in market. Innovation is a process or action to identify new solution of problems (Ke  and et. al., 2016). Commercialisation is introduction of new ...

Introduction Innovation and commercialisation is very important for every organisation. As it helps in providing innovative and new products in market. Innovation is a process or action to identify new solution of problems (Ke and et. al., 2016). Commercialisation is introduction of new goods and ...

Introduction Innovation simply refers to the new idea, imagination and creative thoughts in the form of method or device. It includes deliberate application of initiative, information and imagination in deriving assorted value from resources and involves all processes through which new ideas are ...

Introduction Innovation is a sales promotion tool which is used by most of the organisations in order to enhance their sale by modifying their existing products and services. Commercialisation is an introduction of a new and innovative manufacturing method in the market in order to grab attention ...

Introduction Innovations is the process of creating a new idea to make modification in existing products, services and method so that business can be expanded on a broad level. Commercialisation refers to the process of running business primarily for the purpose of acquiring higher profits. These ...