Innovation and Invention
Definition
Innovation
Invention
Convertor additionally of some existing
technology, method or procedure to
improve the performance
(කාර්ය සාධනය වැඩි දියුණු කිරීම සඳහා පවතින
යම් තාක්‍ෂණයක්, ක්‍රමයක් හහෝ ක්‍රියා
පටිපාටියක් පරිවර්තනය කිරිම)
Identify completely new practical problem or
perceived need and lead the concept to new
product
(ප්‍රාහයෝගික ගැටලුවක් හහෝ අවශ්‍යතාවයක්
හඳුනාහගන එම සංකල්පය නව නිෂ්පාදනයක්
හවත හයාමු කරන්න)
Advantages
and
Disadvantages
Feature
Other
Rout
•
•
•
•
Improve existing technology
Less risk
More chance of success
More return on investment quicker
(ආහයෝජනහේ වැඩි ප්‍රතිලාභ
ඉක්මනින්)
•
•
•
•
•
•
Small changes
Quicker development
Managerial support
(කළමනාකරණ සහාය)
•
•
•
•
•
•
Most often takes time
May cost more
more and long return investment
(වැඩි සහ දිගු ප්රතිලාභ ආහයෝජන)
It is challenge to make the new
product or service
(නව නිෂ්පාදනයක් හහෝ හස්වාවක් කිරීම
අභිහයෝගයකි)
Low success rate
Extended research period
Question of patenting
Time of the patent
Managerial suspicion
(කළමනාකරණ සැකය)
Companies – Research and
Development can come up with new
products
Research Organizations – Studies can
show new results
Individuals – Knowledgeable and
have experience can come up with
new ideas
• Improvement in the quality of a product •
•
Aims to keep its manufacturing cost low
• Competitive advantage in the market
(හවළඳහපාහල් තරඟකාරී වාසිය)
•
• Least financial and technological risks
• Quick return for investment
•
• More effective use of resources in a
production process
• Improved quality control
• Transfer of a successful technical solution
to another application
Step Action
Task
Step Action
1
Evaluate
2
Task
1
Identify
Problems offering
inventive opportunities
Quantify
Market opportunities
for inventions and
improvements
Works scope
2
Generate
Original ideas
3
Seek
Funds and sponsors
3
Verify
Their originality
4
Solve
4
Select
The most promising
idea
5
Construct
Outstanding problems
by doing research and
development work
A prototype for testing
5
Check
6
Prepare
For introduction to the
market
6
Patent
Its feasibility with a
physical model
The product for
protection purposes