The Psychology of Innovation

Innovative ideas keep springing up and are consciously nurtured for positive impact in different facets of life. The psychology of innovation focuses on the features and processes that are distinctively common among innovative organisations and people.

In this post, you'll discover the traits and characteristics that are peculiar to most innovators and usually regarded as the psychology of innovation.

The psychology of innovation begins from within the thought processes. According to Henry Ford, "Whether you think you can or you think you can't, you are right."

The psychology of innovation also identifies the situations that engender innovation as well as the psychological processes involved.

Innovation refers to the implementation of creative ideas to shape a product or a system.

For any innovative concept to scale successfully, there's a need to implement the idea by taking the right steps. Hence, execution of an idea is a fundamental aspect of the innovative process. It's necessary to convert the idea through of series of actions and engagements for innovation to yield positive results.

Creativity and innovation are interwoven and they both have integral components that are easy to identify such as expertise, problem-solving, task orientation, motivation, and diversity.

Most innovators have high technical expertise in their chosen line of work which they put to good use to birth an innovative idea. Motivation is an important attribute for any meaningful outcome with regards to innovation because the process could be exhausting and time-consuming. Nevertheless, innovators have a driving force which propels them to their desired goals.

Problem-solving is a major feature of most top innovators as they often identify challenges in the daily routine of people and develop solutions accordingly. Hence problem-solving is the basis of successful businesses today. Task orientation is a feature that enhances innovators the sense of duty for innovators and which enables them to complete a series of activities in the creative process.

Innovation thrives in a society that is open to change and development. In the UK, the government provides financial support for research and development in several educational institutions which led to the birth of innovations that have significantly impacted on the economy. Statistics from the European Innovation Scoreboard (EIS) reveals that the research within the country in 2017 was 80% better than the EU average.

It's important to note that the right expertise, problem-solving skills, motivation, task orientation, and the personal interest of the innovators would determine the significance of any innovation.