Technological Innovation refers to the discovery and subsequent development of innovative technologies.
Kodak is metaphorically known for missing the digital boomed they unknowingly helped to create. "Kodak Moment" once was a reminiscence.
A new or improved service delivered to a customer or market which costs less to operate, or sells at a higher margin.
Self organizing teams can spontaneously and intuitively organize to tackle complex problems. Rather than relying on the traditional formal structure, these teams naturally come together with varied skills, perspectives, and expertise to effectively address a challenge or opportunity.