Business innovation can manifest in various forms, such as:
1. Product Innovation: Developing new or improved products that offer better performance or meet new customer needs. 2. Process Innovation: Implementing new methods for production or delivery to improve efficiency and reduce costs. 3. Business Model Innovation: Changing the way a company creates, delivers, and captures value, such as adopting a subscription-based model. 4. Service Innovation: Enhancing the customer experience through new or improved services.