Innovation

Definition

Innovation refers to the process of creating and implementing new ideas, products, or methods that bring about positive change and improvement in various fields.

Related terms

Creativity: Creativity involves generating original ideas or solutions by thinking outside the box.

Entrepreneurship: Entrepreneurship is the act of starting a business venture or taking risks to bring innovative ideas into the market.

Technology: Technology encompasses tools, devices, and systems developed through innovation to improve efficiency and solve problems.