What is Innovation? Definitions

Forget Borrow Learn > Best Practices Log in

What is Innovation? Definitions
Christopher Bean
It might be useful to define what is meant by innovation, I like Schumpeterís trilogy of: invention, innovation and diffusion hence tend to read articles in this context, (cognitive abstract) of innovation being the allocation of commercial resource, capital and labour, to invention which requires exploitation through the scale of diffusion to be successful.
The challenge though, as always, is to understand the complexity, the nature of the system you are dealing with.

What is Innovation? Definitions
pooja, Student (University), India, Member
Innovation comes from the latin verb 'innovare' which means 'to renew'. Innovation can therefore be seen as the process that renews something t...Sign up



Special Interest Group Leader

Forget Borrow Learn

Best Practices
Expert Tips


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2018 12manage - The Executive Fast Track. V14.1 - Last updated: 23-10-2018. All names ô of their owners.