Innovation

Innovation refers to the process of developing new ideas, products, services, or methods that significantly improve upon existing ones or introduce entirely novel concepts. It encompasses the creation and implementation of solutions that enhance efficiency, effectiveness, or quality in various contexts, such as technology, business, and social practices. Innovation can manifest as incremental improvements over time or as groundbreaking breakthroughs that disrupt established paradigms. It is often driven by creativity, research, and the desire to address unmet needs or problems. Overall, innovation plays a crucial role in economic growth, competitiveness, and societal advancement.