A groundbreaking idea, product, or method;; Apex
Essentially, Innovation is the successful exploitation of new ideas. These can be ideas for products, services or processes. It includes both radical new ideas and incremental changes to existing ones. All businesses can, and should, innovate.
Innovation in business leads to higher and more sustainable profitability, the ability to stay ahead of your competition and provides higher value to customers. It offers a way of meeting challenges both inside and outside your business. It enables businesses to compete effectively in the increasingly competitive global environment.
Innovation is at the heart of increasing competitiveness and productivity.
See http://www.innovation-creativity.com/what-is-innovation.html for more info.
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Related Questions
What company has innovation slogan?
NEC Corporation - Empowered by InnovationGigaLane - Innovation and Excellence in RF & MicrowaveDatel (C&D Tech) - Innovation and Excellence3M - InnovationPlantronics - Sound InnovationSilicon Graphics - The Source of Innovation and DiscoveryPoclain Hydraulics - Driving InnovationPak Innovation - Innovation beyond thinkingMSI - Innovation with Style
Innovation in a sentence?
Innovation - Exploration and Innovation are the key words For science
What is the Greek word for innovation?
innovation
What is sanskrit word for innovation?
innovation
What is an example of innovation?
Innovation is creating something that didn't exist before you created it. The iPad is an example of innovation for Apple. For other examples of innovation see innovation-creativity.com/examples-of-innovation.html
Is the telephone an innovation?
No. The telephone is not an innovation it is an invention.
What is the zulu translation of the word innovation?
innovation
How do you say 'innovation' in French?
l'innovation
How do you use innovation in a sentence?
This innovation will rock the industry!
What is the motto of Microsoft Innovation Center?
The motto of Microsoft Innovation Center is 'Foster local software economy & innovation'.
How can you use the word innovation in a sentence?
Innovation is the introduction of new ideas, methods, or things. Their company is interested in product design and innovation. We must promote research and encourage innovation.
What is the adjective for innovation?
The adjective form of the noun 'innovation' is innovative.
What is a sentence with innovation?
innovation for the future is the best way to go
When did innovation occur in US?
Innovation occurs all the time.
Is innovation have a suffix?
Yes, innovation does have a suffix. Its suffix is -tion.
Creativity and innovation?
Creativity and innovation are very useful things to have in this world. The world is always changing and creativity and innovation help.
What is a tuscan atrium?
A courtyard. It was a Tuscan innovation. A courtyard. It was a Tuscan innovation.
Most established companies focus on when it comes to innovation?
Demand innovation
How can innovation benefit patients or health care?
how will innovation benefit patients
What sparks an innovation?
The innovation engine uses a champion spark plug
Which innovation is not credited to the Chinese?
Algabra is one innovation not credited to the Chinese.
What does the US government do to encourage marketplace competition?
The U.S. government tries to encourage innovation in the marketplace with Technological Innovation and Innovation as in ingenuity in business.
What is Global Innovation system?
A Global Innovation System tries to build ranks for countries based on their innovations. The system is used to look at the business outcomes that resulted from innovation and the government's ability to encourage innovation from the public.
What is an example of a sentence that uses the word 'innovation'?
'The innovation of the businessman brought great success to his company.' 'Due to his innovation, the inventor developed a much more efficient lightbulb than any other on the market.'
Does monopoly power retard innovation?
monopoly powers all kinds of innovation
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