Innovation meaning: Innovation is defined as the

Innovation is defined as the process of bringing about new ideas, methods, products, services, or solutions that have a significant positive impact and value. Learn more on innovation types, examples and process. Innovation is the practical implementation of ideas that result in new or improved goods, services or processes. Learn about different types of innovation , such as sustaining, disruptive and foundational, and see examples from history and current society. Innovation aims to address existing challenges, inefficiencies, or limitations by developing innovative solutions that offer tangible benefits or improvements. Innovation requires more than just ideation; it involves implementing and executing new ideas or solutions to bring them to fruition. 2 meanings: 1. something newly introduced, such as a new method or device 2. the act of innovating.... Click for more definitions.