What Does 'Incremental Product Innovation' Mean?

Category: Glossary, Type: Other

The Meaing of Incremental Product Innovation

Incremental product innovation is an improvement of an existing product, such as to make the previous technology obsolete and / or give birth to a new market segment. For example, the tablet computer performs the same functions as a notebook computer but, thanks to touchscreen functionality, it is characterized by a more small size and better portability. It is therefore an incremental product innovation

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Category: Glossary, Type: Other