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 that can enhance efficiency, effectiveness, or user experience in various contexts, including technology, business, and social practices. Innovation can manifest as incremental improvements, radical breakthroughs, or disruptive changes that significantly alter markets or societal norms. The goal of innovation is often to drive progress, foster competitive advantage, and respond to evolving demands or challenges.