A business innovation which has brought to life a product (good or Essay

A business innovation which has brought to life a product (good or service) - Essay Example This research will begin with the statement that 3D printing is one of the most celebrated business innovations that continue to influence the manufacturing and production industry. Chuck Hull of 3D Systems Corp created the original 3D printer in 1984. Also known as additive manufacturing, 3D printing is business and technological innovation that encompasses the process of making a three-dimensional solid product of any shape using a digital model. Indeed, 3D printing is a huge versatile and rapid process that accommodates the geometry of varying complexity in variant applications and supporting many types of materials. The 3D printers operate at resounding speeds, extremely low costs, and within a wide range of applications. The 3D printing innovation applies in the commercial sector where manufacturers use it to produce early concept models and product prototypes for business purposes. The 3D printing case is relevant in the context of digital economies since it allows for the prod uction of early concept models and product prototypes. Moreover, 3D printing applies in distributed manufacturing where it has applications in various fields including health, fashion, architecture, education, engineering, and aerospace among other fields. Additionally, products manufactured through 3D printing are applicable anywhere in the product lifecycle. To achieve 3D printing, innovators used an additive process, where successive layers of material adopt different shapes.