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1. Dictionary

   innovation

   /ˌɪnəˈveɪʃn/

   noun

   • 1. the action or process of innovating: "innovation is crucial to the continuing success of any organization"
   • ▪ a new method, idea, product, etc.: "technological innovations designed to save energy"

   Word Origin late Middle English: from Latin innovatio(n-), from the verb innovare (see innovate).

   Derivatives

   • 1. innovational adjective

   Scrabble Points: 13

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   • O

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   • V

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   • A

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   More definitions, origin and scrabble points

2. ideascale.com › blog › what-is-innovationWhat is Innovation? Definition, Types, Examples and Process

   ideascale.com › blog › what-is-innovation

   • Cached

   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.

3. dictionary.cambridge.org › dictionary › englishINNOVATION | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   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.

4. www.merriam-webster.com › dictionary › innovationInnovation Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › innovation

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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?

5. en.wikipedia.org › wiki › InnovationInnovation - Wikipedia

   en.wikipedia.org › wiki › Innovation

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   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.

6. www.mckinsey.com › featured-insights › mckinsey-explainersWhat is innovation? | McKinsey

   www.mckinsey.com › featured-insights › mckinsey-explainers

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   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.