System Innovation - MIT ID Innovation

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Introduction To System Innovation A Journey of
Transformation MITID Innovation
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A collection of interacting components, governed
by a set of rules, form a whole unified entity or
the system. An introduction to system innovation
refers to the restructuring of social, economic,
and technological systems. These systems are
influenced and affected by the external
environment. In the era of new,
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revolutionary developments in information
technology, innovation is increasingly crucial to
competitive survival and success. System
changes are necessary to make economies socially,
economically and environmentally
sustainable. This article will give you an
introduction to system innovation and its journey
of transformation.
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System Innovation Initiated by Crisis
The disruptive effect of the Covid-19 pandemic
was a challenge to the existence of humans.
Survival in such a scenario forced people to
realize the need for novel systems that would
ensure sustainability and self-reliance.
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• It was an amalgamation of challenges and pressing
  opportunities that brought introduction to system
  innovation and radical changes in the systems
  governing human society. Most of the systems that
  are an integral part of our lives were forced to
  change or were under pressure to change. This was
  due to the global pervasiveness of
• Lockdowns
• Isolation
• Social insecurity

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• Covid-19 played an important role in system
  innovation as it exposed the incapability of the
  existing system to handle the crisis. Led by a
  global collaborative effort to find better
  solutions, the environment not only challenged
  the existing system but was conducive to change
  itself. The new systemic changes that emerged
  were-
• Work from home
• Online learning by students, even at the primary
  level

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• Enhanced development of biopharmaceutical
  companies
• Development of new vaccines
• Collaborative medical research and treatment
  techniques
• In this era of vast available knowledge,
  artificial intelligence and specialization,
  innovation can not be limited to an individual.
  The best results have always been from
  collaborating teams with effective communication
  skills.

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Innovation as a Process
Innovation is a process that ranges from
opportunity identification, and ideation or
invention to development, prototyping,
production, marketing, and sales. It has been
observed that innovations abound in an
environment of crisis. The latest example of it
is the crisis of climate change. Governments,
activists, and individuals all are encouraging
processes that minimize the ill effects of
climate change.
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The 4 Ps of Innovation Paradigm Innovation
In his book, The Structure of Scientific
Revolutions, physicist and philosopher Thomas
Kuhn introduced the concept of a paradigm shift
as a fundamental change in the core concepts,
values and practices of a scientific community or
discipline.
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Process Innovation In this process, there are
changes in the way the service or the product is
created and delivered. This process basically is
all about optimisation. Position Innovation In
this type of innovation, the perception of the
consumers towards the product or service is
altered in a positive way
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Product Innovation Perhaps the most
self-explanatory of the four Ps, product
innovation, is creating new products or making
changes to products or services an organization
offers. There are opportunities galore,  a
plethora of available knowledge which is
cloud-based and is available to anyone having an
internet connection-  in almost all fields of
life, and emerging technologies.
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MIT ID Innovation Provides The Most Sought After
Innovation Course
MIT ID Innovation provides the most
sought-after Innovation Courses in India besides
other courses. All these innovative and
cutting-edge courses have been designed for
graduates, and experienced or working
professionals from
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diverse creative, technical, and humanities
backgrounds. Contact us for MIT ID Innovation's
flagship course On-campus 1 year PG Diploma in
Innovation at  https//mitidinnovation.com/on-camp
us/.
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Conclusion
MIT ID Innovation Programme curates knowledge and
experiences that challenge the very paradigm of
evolution. And that's why we have set out to
define the future of industries, communities,
cities and ecosystems. MIT ID Innovation offers
the best Courses in Innovation.
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  Pune-412201

• 91-7038982225 / 91 9834092369

• innovation_at_mitid.edu.in