5. TYPES OF INNOVATION
• Ordinary Innovation
• Technological Innovation
• Breakthrough Innovation
CLASSIFICATION OF NEW PRODUCTS
From a Consumer’s Viewpoint
From a Firm’s Viewpoint
OPPORTUNITY RECOGNITION
The Idea and Its Competition
The Market and The Opportunity
6. PRODUCT PLANNING AND
DEVELOPMENT PROCESS
• Idea Stage
• Concept Stag
• Product Development Stage
• Test Marketing Stage
• Commercialization Stage
E-COMMERCE & BUSSINESS START UP
• Web Sites
• Tracking Customer Information
• Doing E-Commerce as an Entrepreneurial Company