Innovation Life Cycle
Needs/ Problems Research Development Commercialization Diffusion & Adoption Consequences

Needs/ Problems

Identify a need (maybe just a desire) or problem.  Accomplish something to improves what is happening or allow for something to exist that did not before.

Research

Figure out what you want to do?

  • Basic Research – Original investigation that may not have a specific objective.
  • Applied Research – Investigation with the intent of solving a problem.

Development

Put together the pieces that will solve the problem.

Commercialization

Develop a reliable process that produces the solution.  May include considerations for manufacturing, packaging, distribution.

Diffusion & Adoption

Communicate across various channels, notifying people of its existence followed by the process of adoption.

Consequences

Address expected or unexpected impacts that may occur, that could make the innovation a success or make it a failure