A product that is new to you + a market that is new to you/ your company.
Remote innovation is a way of developing new products, services, and processes in a virtual setting without needing to be physically in the same location.
The product lifecycle is the entire journey a product takes from production to sale, continuing to after-sales and end-of-life.
Acronym for substitute, combine, adapt, modify, put to another use, elaborate, reverse. A brainstorming technique using action verbs.