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- Dictionaryin·no·va·tion/ˌinəˈvāSH(ə)n/
noun
- 1. the action or process of innovating: "innovation is crucial to the continuing success of any organization"
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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?
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 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 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. It is both a process and an outcome.
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.
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.
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. More examplesFewer examples. Innovations in design are making artificial limbs more like human arms and legs.
Definition of innovation noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
I often wonder what contributions to art and innovation society would have gathered if not for how it treats trans individuals. From The Daily Beast Best Buy is caught up in the breakneck world of technological innovation.
INNOVATION meaning: 1 : a new idea, device, or method; 2 : the act or process of introducing new ideas, devices, or methods.
