What does INNOVATION mean?

Definitions for INNOVATION
ˌɪn əˈveɪ ʃənin·no·va·tion

This dictionary definitions page includes all the possible meanings, example usage and translations of the word INNOVATION.

Princeton's WordNet

  1. invention, innovationnoun

    a creation (a new device or process) resulting from study and experimentation

  2. invention, innovation, excogitation, conception, designnoun

    the creation of something in the mind

  3. initiation, founding, foundation, institution, origination, creation, innovation, introduction, instaurationnoun

    the act of starting something for the first time; introducing something new

    "she looked forward to her initiation as an adult"; "the foundation of a new scientific society"

Wiktionary

  1. innovationnoun

    The act of innovating; the introduction of something new, in customs, rites, etc.

  2. innovationnoun

    A change effected by innovating; a change in customs; something new, and contrary to established customs, manners, or rites.

  3. innovationnoun

    A newly formed shoot, or the annually produced addition to the stems of many mosses.

  4. Etymology: From innovatio.

Samuel Johnson's Dictionary

  1. Innovationnoun

    Change by the introduction of novelty.

    Etymology: innovation, French, from innovate.

    The love of things ancient doth argue stayedness; but levity and want of experience maketh apt unto innovations. Richard Hooker.

    It were good that men in innovations would follow the example of time itself, which indeed innovateth greatly, but quietly and by degrees. Francis Bacon, Essays.

    Great changes may be made in a government, yet the form continue; but large intervals of time must pass between every such innovation, enough to make it of a piece with the constitution. Jonathan Swift.

Wikipedia

  1. Innovation

    Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity realizing or redistributing value". Others have different definitions; a common element in the definitions is a focus on newness, improvement, and spread of ideas or technologies. Innovation often takes place through the development of more-effective products, processes, services, technologies, art works or business models that innovators make available to markets, governments and society. Innovation is related to, but not the same as, invention: innovation is more apt to involve the practical implementation of an invention (i.e. new / improved ability) to make a meaningful impact in a market or society, and not all innovations require a new invention.Technical innovation often manifests itself via the engineering process when the problem being solved is of a technical or scientific nature. The opposite of innovation is exnovation.

ChatGPT

  1. innovation

    Innovation is the process of introducing, developing, or implementing new ideas, products, services, methodologies, or technologies that create value. It involves the ability to see and think differently, taking risks, and solving problems creatively. This process can lead to improvements in efficiency, productivity, quality, competitiveness, and market share, thereby significantly contributing to growth and success in various fields.

Webster Dictionary

  1. Innovationnoun

    the act of innovating; introduction of something new, in customs, rites, etc

  2. Innovationnoun

    a change effected by innovating; a change in customs; something new, and contrary to established customs, manners, or rites

  3. Innovationnoun

    a newly formed shoot, or the annually produced addition to the stems of many mosses

  4. Etymology: [L. innovatio; cf. F. innovation.]

Wikidata

  1. Innovation

    Innovation is the application of new solutions that meet new requirements, inarticulate needs, or existing market needs. This is accomplished through more effective products, processes, services, technologies, or ideas that are readily available to markets, governments and society. The term innovation can be defined as something original and new that "breaks in to" the market or into society. One usually associates to new phenomena that are important in some way. A definition of the term, in line with these aspects, would be the following: "An innovation is something original, new, and important - in whatever field - that breaks in to a market or society." Innovation differs from invention in that innovation refers to the use of a better and, as a result, novel idea or method, whereas invention refers more directly to the creation of the idea or method itself. Innovation differs from improvement in that innovation refers to the notion of doing something different rather than doing the same thing better. Organizations can improve the quality of innovation through Kirton's thinking style Adaption-Innovation Inventory and measure the effectiveness by applying a Balanced Scorecard as put forth by Kaplan and Norton.

Editors Contribution

  1. innovation

    An innovative creation for the shared prosperity of everyone in society.

    Innovation is created when society needs to evolve and develop to a more efficient and effective state.


    Submitted by MaryC on March 1, 2020  

Matched Categories

British National Corpus

  1. Nouns Frequency

    Rank popularity for the word 'INNOVATION' in Nouns Frequency: #1598

Usage in printed sourcesFrom: 

How to pronounce INNOVATION?

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Numerology

  1. Chaldean Numerology

    The numerical value of INNOVATION in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of INNOVATION in Pythagorean Numerology is: 7

Examples of INNOVATION in a Sentence

  1. Alex Alexander:

    This will enable us to speed up innovation and create a group level platform.

  2. Rahul Gupta:

    What's driving this transition by opening this Pandora's Box, because now it’s basically a matter of chemistry, and you can create a number of compounds, is ultimately profits, the profits of transnational criminal organizations is what is driving both the shift, but also this innovation.

  3. Gerhard Bohner:

    The challenge in Brazil is to bring innovation quicker to the market place.

  4. Tony Hsieh:

    When companies get bigger, innovation or productivity per employee generally goes down, so we’re trying to figure out how to structure Zappos more like a city and less like a bureaucratic corporation.

  5. Rob Atkinson:

    The Warren campaigns call to breakup big tech companies reflects a big is bad, small is beautiful ideology run amok, the proposal ignores the fact that many of the services big tech companies now provide free used to cost consumers money. Breaking up large Internet companies just because they are large wont help consumers. It will hurt them by reducing convenience, reducing quality of service and innovation, and in some cases leading to the introduction of priced services.

Popularity rank by frequency of use

INNOVATION#1#3936#10000

Translations for INNOVATION

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"INNOVATION." Definitions.net. STANDS4 LLC, 2024. Web. 25 Nov. 2024. <https://www.definitions.net/definition/INNOVATION>.

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