Search results
- Dictionaryinnovation/ˌɪnəˈveɪʃn/
noun
- 1. the action or process of innovating: "innovation is crucial to the continuing success of any organization"
Powered by Oxford Dictionaries
the creating and use of new ideas or methods: He says he wants to stimulate creativity and innovation. Business leaders are blaming high taxes for stifling economic success and innovation. Fewer examples. Innovations in design are making artificial limbs more like human arms and legs.
Jul 15, 2023 · Innovation is defined as the process of bringing about new ideas, methods, products, services, or solutions that have a significant positive impact and value. It involves transforming creative concepts into tangible outcomes that improve efficiency, and effectiveness, or address unmet needs.
The meaning of INNOVATION is a new idea, method, or device : novelty. How to use innovation in a sentence. What is the difference between innovation and invention?
Aug 17, 2022 · In a business context, innovation is the ability to conceive, develop, deliver, and scale new products, services, processes, and business models for customers. Successful innovation delivers net new growth that is substantial.
Innovation is production or adoption, assimilation, and exploitation of a value-added novelty in economic and social spheres; renewal and enlargement of products, services, and markets; development of new methods of production; and the establishment of new management systems.
the creating and use of new ideas or methods: He says he wants to stimulate creativity and innovation. Business leaders are blaming high taxes for stifling economic success and innovation. Fewer examples. Innovations in design are making artificial limbs more like human arms and legs.
Innovation exists anywhere that people innovate, or introduce change. A painter using color in a new way; a chef fusing cuisines together to make a new dish; a charity organization finding new ways to help people—these are all examples of innovation.
