Innovation, Technology, Leadership
Here’s What Combinatorial Innovation Means.
How combinatorial innovation can augment current business capabilities for new insights in the digital world
Introduction
In this article, I introduce the concept of combinatorial innovation with examples, the reasons for the growing focus on digitally transforming business organizations, and the primary business use cases.
Combinatorial innovation is rapidly developing and receiving attention in many transforming business organizations and startup companies. Business executives and entrepreneurs embrace this concept.
Some advocates even call this the age of “combinatorial innovation” and propose it to address societal challenges.
Let’s define it.
What is combinatorial innovation?
Combinatorial innovation is an industry term.
The term refers to the use of multiple technology functions rather than a single technology stack and the creation of new business capabilities by intelligently and creatively integrating them.
