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.

INNOVATION definition: 1. a new idea or method: 2. the creating and use of new ideas or methods: 3. a new idea or…. Learn more.

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 meaning: 1. a new idea or method: 2. the creating and use of new ideas or methods: 3. a new idea or…. Learn more.

An innovation is a new thing or new method of doing something. They showed us some of their latest technological innovations.

noun something new or different introduced: numerous innovations in the high school curriculum. the act of innovating; introduction of new things or methods. innovation / ˌɪnəˈveɪʃən /

INNOVATION meaning: 1 : a new idea, device, or method; 2 : the act or process of introducing new ideas, devices, or methods

Definition of innovation noun from the Oxford Advanced Learner's Dictionary. [uncountable] the introduction of new things, ideas or ways of doing something. The company is very interested in product design and innovation. Too strict a regulatory system will stifle innovation. Technical innovation may occur directly in the factory.

An innovation is the introduction of something new. If you run a magazine about new technology, then you're constantly looking out for the next innovation. Innovation comes from Latin innovare for renew, whose root is novus or new.