0
An invention (or something else) that is innovative is advanced, forward-looking, ahead of the market.
introducing new ideas; original and creative in thinking
featuring new methods; advanced and original
Edward Lakin
Toney Tromp
In economics, business and government policy,- something new - must be substantially different, not an insignificant change. In economics the change must increase value, customer value, or producer value. Innovations are intended to make someone better off, and the succession of many innovations grows the whole economy. The term innovation may refer to both radical or incremental changes to products, processes or services. The often unspoken goal of innovation is to solve a problem. Innovation is an important topic in the study of economics, business, technology, sociology, and engineering. Since innovation is also considered a major driver of the economy, the factors that lead to innovation are also considered to be critical to policy makers.
A new idea, product or way to do something.
Wiki User
∙ 8y agoAn invention (or something else) that is innovative is advanced, forward-looking, ahead of the market.
introducing new ideas; original and creative in thinking
featuring new methods; advanced and original
Wiki User
∙ 8y agoinnovations means to have ideas
Add your answer:
Earn +20 pts
Who innovated the Camaro?
Chevrolet
Why are products innovated?
Products are innovated for different purposes such as meet the needs and wants of the customers and for retain the market share.
What are most products innovated?
they are most innovated because people are not getting money off low prices so they make the prices higher
What did Edison innovate?
he innovated the light bulb
Who innovated the telephone over time?
i dunnoo
How was the computer innovated?
the man dvhbjdf jhfjhjfdfjgj
Explain how the telephone has innovated overtime?
It became fat.
Which artists innovated frottage art?
Max Ernst
Did Nightwish create Symphonic Metal?
They helped to popularize the genre and have innovated it.
Why are most products innovated?
Because the real invention sucks && they have to make it better
Why companies introduce new products?
Because they have innovated and want to say ahead of their competitors.
Why do companies introduce new product?
Because they have innovated and want to say ahead of their competitors.
