What is Innovation?
December 7th, 2020
23 mins 35 secs
Season 1
Tags
About this Episode
Beyond its initial jazz and excitement, what is innovation?
Thomas and Satish start the debate by covering some of the innovation basics. These are relevant to anyone interested in innovation that is independent of your business, market and technology.
- What is the difference between innovation and research & development?
- How does innovation contribute towards a corporation’s sustainability?
- The tension between innovating technologies at the core vs. beyond the core.
- Practical examples to think about the uncertainty around innovations.
- Four ingredients of successful innovation efforts.
The duo then dives into energy and power generation markets to debate the role innovation plays from new power generation technologies:
- How innovation is deployed to create a more sustainable energy infrastructure.
- What are the headwinds and tailwinds around innovation efforts within the energy and power generation sector?
Visit cummins.com/energy-iq for additional resources.