Innovation

Innovation refers to the process of developing and implementing new ideas, products, processes, or services that create significant improvements or solve problems in a unique way. It involves introducing changes that add value, enhance functionality, or provide solutions that are better than existing alternatives. Innovation can occur in various contexts, such as technology, business, and social systems, and can manifest as breakthrough inventions, incremental advancements, or novel applications of existing ideas. Generally, innovation seeks to meet the evolving needs and expectations of users or markets, contributing to economic growth and competitive advantage.