Framework
Types of innovation
The question it answers
When planning an innovation, what should a business owner pin down as actually changing: the product, the process, the service, or how the firm creates and captures value?
- Origin
- Schumpeter, 1947
- Diagram type
- Hub diagram
- Level of analysis
- Firm

Diagram
Types of innovation
Innovation
Product
Process
Business model
Service
Sources
References
Listed A–Z by author surname, Harvard style. A source with a DOI links to https://doi.org/…; one without links to its page or says plainly that it has no DOI.
- Schumpeter, J.A. (1947) ‘The creative response in economic history’, The Journal of Economic History, 7(2), pp. 149–159.doi:10.1017/S0022050700054279Source page