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Friday, June 24, 2016

Different sorts of innovation in medical field


Innovation as a work concept more than be covered in one post but we going to highlight  main cores of the concept. Well developed innovation strategy of work would serve  by itself many sides rather than caring merely with modified different procedures. The amount of differences depending on certain contextual strategic framework reflect high will for real development and helping much in problem solutions finding journey. According to present statistics there are many opportunities enclose the contextual framework applications of innovation and that undoubtedly working on the same level with both traditional or modern working platforms.

West and Farr [1990] define organizational innovation as the intentional introduction and application (within a group or organization) of ideas, processes, products or procedures, new to the relevant unit of adoption, designed to significantly benefit the individual, the group, organization or wider society. There have been several attempts to classify innovation into categories.

Innovation is the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organizational method in business practices, workplace organization or external relations [UNESCO Institute for Statistics, 2005]. UNESCO makes the distinction among the four types of innovation as follows:

Product innovation: introduction of a good or service that is new or significantly improved with respect to its characteristics or intended uses. This includes significant improvements in technical specifications, components and materials, incorporated software, user friendliness or other functional characteristics.

Process innovation: implementation of a new or significantly improved production or delivery method. This includes significant changes in techniques, equipment and/or software. The customer does not usually pay directly for process, but the process is required to deliver a product or service and to manage the relationship with the various stakeholders.

Marketing innovation: implementation of a new marketing method involving significant changes in product design or packaging, product placement, product promotion or pricing.

Organizational innovation: implementation of a new organizational method in the firm’s business practices, workplace organization or external relations.

Innovations in health care are related to product, process, or structure [Varkey, et al., 2008]. The products or services what the customer paying for, thoroughly represent in medical domain the received end value or service idscussed formerly. Paid services here do not refer to medical service only from the pratical point but that exceeds to more innovative delivery infrastrutures and thus in many circumstances leading to create new business model and new operational techniques. These new model carry out direct effect on other stakholders forcing them getting new developed strategies falling ultimately in the patient side.

‘’Healthcare innovation can be defined as the introduction of a new concept, idea, service, process, or product aimed at improving treatment, diagnosis, education, outreach, prevention and research, and with the long term goals of improving quality, safety, outcomes, efficiency and costs.’’ Full health J

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