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Washington State Innovation Models Project Round 2 Model Test Awardee End of Year Report Period: February 1, 2016, to January 31, 2017, Revised: June 23, 20171×P A G EContentsIntroduction to Healthier
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Innovation models are frameworks or strategies used by organizations to foster creativity, develop new products or services, and drive growth.
Organizations that are seeking to develop new ideas, products, or services are required to file innovation models.
Innovation models can be filled out by documenting the process, goals, and expected outcomes of an organization's innovative initiatives.
The purpose of innovation models is to provide a structured approach to innovation, helping organizations to effectively manage and track their innovation efforts.
Information such as the innovation strategy, key stakeholders, timeline, budget, and expected impact must be reported on innovation models.
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