What does innovation mean?
Does it just mean a new idea?
Yes.
http://www.merriam-webster.com/dictionary/innovation
Thank you :)
Innovation is commonly understood as the process of introducing new ideas, methods, or products, typically with the goal of improving or creating value. While it does encompass new ideas, it goes beyond that. Innovation involves not only the generation of novel concepts but also their implementation and practical use in order to bring about positive change.
To understand the meaning of innovation, you can follow these steps:
1. Start with a general understanding of the term "innovation."
2. Consult reliable sources like dictionaries, encyclopedias, or respected websites to gather more information about the concept.
3. Look for definitions and explanations provided by recognized authorities in the field, such as academic institutions, innovation organizations, or thought leaders.
4. Analyze different definitions and examples to develop a comprehensive understanding of what innovation entails.
5. Consider real-life examples of innovations and how they have impacted society, industries, or specific fields.
6. Reflect on the broader implications of innovation, including its role in driving progress and competitiveness in various sectors.
By going through these steps, you can build a solid understanding of what innovation means and how it goes beyond just a new idea.