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Research Endeavors is a
process and product
innovation startup. The Web
Innovations team designs,
develops, deploys & supports
business applications
delivery over the web. Our
"Talent-Tweak" program is
special internship program,
wherein you work with us as
an intern and subsequently
may join us as permanent
member of our company.The
incumbent would primarily be
required to support web
applications development and
all facets of supporting and
enhancing existing
applications.
- Follow the complete SDLC.
- Work on all aspects of the
project including research,
design, development,
deployment, support.
Desired Skills:
- Excellent understanding of
web technologies including
CSS, HTML, JavaScript etc
- Exposure to database
programming, SQL, relational
database designing etc
- Exposure and basic
understanding of
client-server technologies
- Understanding of Ruby on
Rails preferable
- Exposure to UNIX
- Good analytical skills
- Highly Motivated & Self
Learner
- People without above
skills or without web
development skills do NOT
apply. Those irrelevant
resumes will be deleted.
Additional Requirements:
- Good Communication skills
- Project Management
leanings
- Entrepreneurial mindset
Strict Instructions:
- In your resume, you are
strongly encouraged to
highlight all and any web
sites/apps that you have
developed. Candidates are
encouraged to highlight if
they have developed websites
/ blogs / intranets etc at a
professional/amateur level.
- Please mention the
websites developed by you in
your Subject Line. Hence if
you have developed
example.com, please mention
in the subject line
example.com
- This is Web Development
position. So please do not
apply if you don't have such
skills.
The objective limited nature
of main factors of the
industry, like labor, land,
and Capital, have
transformed the scientific
and technological advance
into the most important
.Force of the public
development in the 21st
century. Achievements of the
scientific and Technological
advance are disseminated in
the form of innovations. The
notion "Innovation"
(novelty) means
"introduction of new things"
(novelties). Novelty means a
new order, new method, new
product or technology, as
well as a new phenomenon.
Innovation is a result of
the introduction of the
novelty to gain economic,
social, technical
technological,
Organizational, managerial,
juridical, environmental, or
any other type of Effect
Keywords: Marketing
environment, Obtaining high
profits, Position products,
Innovation, Renewed
assortment of goods,
Formation of a specific
market, Completed Operations
or services.
Introduction
Under modern conditions of
fast changes of the
marketing environment, the
best methods to satisfy.
Needs of consumers are in
the combination of marketing
and innovative activities.
Innovations are the Key and
basis of modern competitive
strategies. Companies the
introduce innovations,
implement Effective
competitive strategies, e.g.
the reduction of production
time and introduction of new
goods to The market,
protection and growth of the
market share, reduction of
production costs and
obtaining High profits, as
well as a wide and
constantly renewed
assortment of goods open
opportunities for fast
Growth, creation of strong
trademarks, obtaining the
ability to position products
simultaneously at Several
market segments and use
various distribution
channels, etc .,
The Problem and Solution
According to the analysis of
the original sources [1, 2],
the innovation activity in
marketing includes the
Following: introduction of
new products, new production
methods, formation of a new
market, Mastering of new
source of material supply,
and reorganization of the
management structure. On the
Main elements of the
innovation, marketing is the
creation of brand- new
goods. Both world- renowned
and home marketing
specialists have studied the
problems of the goods
innovation policy. However,
despite the importance of
the creation of brand-new
goods to satisfy growing
.Demands of the population
and obtain competitive
advantages by the goods
manufacturers various.
International Research
Journal of Finance and
Economics - Issue 16 (2008)
85 Authors offer different
classification. That is why
the goal of this research is
to improve the typologies of
product innovations.
Scientific literature
suggests a multitude of
product let's consider them
selectively. P2m Infotech
classifies the brand –new
goods into six categories.
World new goods: new goods,
the appearance of which
leads to the formation of a
specific Market.
2. New product lines: new
products that enable the
company to enter a specific
market.
3. Expansion of the existing
product lines of the company
(new packaging, new filler,
etc.).
4. Improvement and
modification of the existing
product: new product with
improved Characteristics or
with higher value based on
the consumer's point of view
those forces out the
existing one.
5. Repositioning: already
existing goods that are
aimed at new markets or
market segments.
6. Price reduction: new
products that possess the
same properties as their
predecessors, but Cost less,
In his new, book "Lateral
Marketing. New techniques
for finding breakthrough
ideas", Written In
collaboration with P2m
Infotech considers goods
innovations from the point
of view of approaches to the
formation of a few products
and marks out brand- new
products [3]:
1. Based on modulation-
expansion or reduction of
basic goods characteristics.
2. Based on size- change of
the volume, number, or
frequency.
3. Based on packaging-
change of packaging.
4. Based on the creation of
supplements- additional
ingredients.
5. Based on the reduction of
efforts- reduction of
efforts of consumers,
applied in the process Of
purchasing.
6. Based on design- changing
a design to target various
life styles. Using the
approaches to the
classification depending on
the following, on the nature
of changes Of physical or
perceptive characteristics
of a new product, from the
novelty of the product, from
the Source of the idea of a
new product, or from the
risk level that accompanies
the introduction of an
Innovation. Besides that in
our opinion, it is necessary
to classify product
innovations based on the
feature of attribution to
objects of intellectual
property. Intellectual
property is an exclusive
right of citizens or
Organizations of the results
of an intellectual activity
and methods of
individualization of a
company, Product, completed
operations or services. As a
rule, subjects to
intellectual property can be
divided into three groups:
1. Objects of industrial
property (inventions, useful
models, industrial samples,
trademarks, Etc.)
2. Copyright and allied
rights (scientific,
literary, and artistic
works, audio and video
products, Computer programs
and databases, etc.);
3. Non- traditional objects
of intellectual property
(scientific discoveries,
sorts of plants, Animal
breeds, chips innovations,
commercial secrets).
Taking into account the
universality of commodity
economy, many of the
aforementioned Objects are
also product innovations. A
peculiar and most obvious
product- innovation role
belongs to The industrial
property, characterized by
the fact that its objects
are applied in production
processes, They can be
serialized and transferred
to the mass industrial
production; and they are
guarded by Patents,
licenses, and author's and
information, the following
of product innovation is
offered (Table 1).86
International Research
Journal of Finance and
Economics - Issue 16 (2008)
Table 1: Typology of Product
Innovations Classification
characteristics Types of
Product Innovation
Definition of Innovation
Industrial Production of new
goods Technological
Application nature Creation
of a new technology Social
Constructing new structures
Original (brand- new, basic)
new physical characteristics
and characteristics of
product Perception,
introduce qualitative
changes Renovated (modified)
Good, physical
characteristics of which are
changed, however, Efficacy
level perception
characteristics stay
untouched Products with new
positioning (Pseudo
innovations) Only perception
characteristics are changed
due to which a Consumer
evaluates the goods in a new
way; changes of variants Of
management, distribution and
communication as components
of The commercial
distribution of products
Origin source " P2m Infotech
of science and technologies.
Consumer Goods of final
consumption Investment
Industrial goods Complex
(synthetic) over various
scopes of activity Place in
the process of Reproduction
Simple Change any part of an
object World innovations
their appearance leads to
the formation of a specific
market New product lines
allow the company to enter a
specific market Expansion of
existing product Lines new
goods that supplement
existing product lines
Improvement and modification
Of existing products New
goods with improved
characteristics or a higher
consumer Value Repositioning
Existing goods, designed for
new markets or market
segments Novelty level
Internal production
innovation Leads to
reduction of prime costs
Minimum risk Market and
technology are known
Commercial risk Technology
and new market are known
Risk level Technological
risk Market and new
technology are known Maximum
risk new market and
technology Based on the
modulation Expansion or
reduction of basic
characteristics of goods
Based on size Changing
volume, quantity or
frequency Based on packaging
Changing packaging Based on
creation of additions Adding
ingredients Based on
reeducation of Efforts.
Reduction of efforts of
consumers, applied in the
process of Purchasing
Approach to the creation of
a new product Based on
design Change of design to
address various life styles
Inventions Useful Industrial
samples, Merchandise,
Objects of industrial
Trademarks, Scientific,
literary, and arts works.
Copyright and allied rights
Audio- and video products
Computer, Innovations,
Chips, Objects of
intellectual, Property.
Non- traditional objects of
Intellectual Sorts of plants
and animal breeds The Result
and Discussion As it was
noted by the majority of
authors, only 15% of all the
new products are original
and can be referred to as
world innovations. An
innovative process of their
development and organization
of Production requires major
investments, connected with
increased risk. Besides, in
the modern Economy, an
innovative process is the
only way to provide the
economic growth by uniting
sciences, Economy and
management. That is why with
the development of public
needs and improvement of
Production, the category of
a "product innovation" will
definitely acquire new
features that will require
the revision activity,
applied methods of
generating new ideas, as
well as effectiveness of
innovation Projects.
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