Tag: Innovation

Innovation refers to the process of creating and implementing new ideas, products, services, or methods that improve upon existing solutions or address unmet needs. It involves the introduction of novel concepts or enhancements that lead to significant advancements in various fields, including technology, business, healthcare, and education. Innovation can be incremental, involving gradual improvements to current practices, or disruptive, involving breakthroughs that completely change the landscape of an industry. The goal of innovation is often to enhance efficiency, effectiveness, and competitiveness while solving problems and adding value to society.