The three horizons of innovation are used as a model to make a distinction between various types of innovation. The exact difference between the various horizons is sometimes a bit vague. The following picture clarifies the model.
Note: Pimcy is one of the parties behind NPD Consult. NPD Consult has launched Enpidi. Enpidi portfolio management software was developed to cater for the needs of larger organisations looking for a more strategic, innovation-focused approach to portfolio management.