Course Content
Intrapreneurship
Intrapreneurship: Concept and Process
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Innovations in Business
Innovations in Business: Types of Innovations, Creating and Identifying Opportunities, Screening of Business Ideas
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Business Plan and Feasibility Analysis
Business Plan and Feasibility Analysis: Concept and Process of Technical, Market, and Financial Analysis
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Role of Government in Promoting SSI
Role of Government in Promoting SSI
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Sickness in Small Industries
Sickness in Small Industries: Reasons and Rehabilitation
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Institutional Finance to Small Industries
Institutional Finance to Small Industries: Financial Institutions, Commercial Banks, Cooperative Banks, Micro Finance.
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Unit X: Entrepreneurship Development

🔍 Topic: Types of Innovation

This topic categorizes innovation based on its nature, impact, and the kind of change it introduces. The main types typically include:

  1. Technological Innovation – Involving advancements in technology (e.g., better messaging apps, AI in communication).

  2. Product Innovation – Changes or improvements in the product itself.

  3. Process Innovation – Improvements in how products or services are delivered.

  4. Incremental Innovation – Small improvements over time.

  5. Radical Innovation – Major breakthroughs that redefine industries.

  6. Breakthrough Innovation – Significant innovations that offer a substantial leap in performance.

  7. Ordinary Innovation – Routine improvements with minimal technical change.