Innovation

Innovation refers to the process of creating and implementing new ideas, products, services, or processes that significantly improve or transform existing practices or concepts. It involves introducing something novel or enhancing what already exists to meet changing needs or solve problems. Innovation can occur in various fields, including technology, business, education, and healthcare, and can take forms such as product innovation, process innovation, or business model innovation. The goal of innovation is often to increase efficiency, effectiveness, or competitive advantage, ultimately contributing to progress and development in society. It encompasses both radical breakthroughs and incremental changes.