Innovation is a new idea, more effective device or process. Innovation can be viewed as the application of better solutions that meet new requirements, inarticulated needs, or existing market needs. This is accomplished through more effective products, processes, services, technologies, or ideas that are readily available to markets, governments and society. The term innovation can be defined as something original and more effective and, as a consequence, new, that “breaks into” the market or society.
While a novel device is often described as an innovation, in economics, management science, and other fields of practice and analysis innovation is generally considered to be a process that brings together various novel ideas in a way that they have an impact on society.
Inpress invests in on-going research and development to push the envelop for new source materials, additives, and especially raw materials from recycled material streams. Our current intellectual property portfolio includes patents in several jurisdictions, extensive know-how working with recycled rubber after years of testing and refining, and a proprietary additive formulation that accelerates and heightens the positive properties of recycled rubber composite into both virgin and repro resin used to make consumer plastic products.
We work with the top plastics manufacturers across Canada to create products used in the home, garden, and throughout the lives of ordinary consumers throughout North America. If you would like to learn more, please do not hesitate to contact us and we will be pleased to share our success stories, product applications and the benefits of our technology in reducing the cost of manufacturing as well as ensuring that manufacturing is sustainable.