What does innovation mean?

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

Here are all the possible meanings 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.

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.]

Freebase

  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  

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British National Corpus

  1. Nouns Frequency

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

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. Novartis Chief Executive Joe Jimenez:

    If you look at the mistakes that were made that have led to the slowdown, we were not as vigilant enough... on ensuring that the innovation pipeline would result in continued growth, the second is, I think we went a little too far on cost savings, we reduced some of the services that they had grown accustomed to at Alcon.

  2. James Siho Lee:

    Its tremendously important that we appreciate and develop a curiosity for biodiversity, the next innovation for biotechnology could be out there in the wild. A new biodegradable sunscreen, for example, was discovered from extremophilic bacteria and algae. We have to protect and responsibly utilize wildlife.

  3. Nickey Janse van Rensburg:

    For us, Ilanga is a technology platform to develop students and technology and promote energy innovation, similar to what F1 racing does for the motor industry.

  4. Rei Goffer:

    We really see ourselves as the SpaceX of weather, weather is one of the last domains that has not seen massive investment and massive innovation coming from the private sector, until now.

  5. Gerben Hieminga:

    This has huge benefits in terms of economies of scale, innovation and sustainability. As a result, it is one of the most sophisticated and cleanest sites in the world.

Popularity rank by frequency of use

innovation#1#3936#10000

Translations for innovation

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