What is Innovation

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Is the process of creating and introducing something new and it requires the invention of something new and its implementation in the organization or in the market. Learn more in: Why and How Did Health Economics Appear? Who Were the Main Authors? What is the Role of ITCs in its Development?
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The process and the product of a new vision on reality and/or on the usual ways of doing and thinking. Implies the articulation between an idea and an action to produce renewed responses, resources, processes, and/or tools. Learn more in: The Study of Social Needs as a Strategic Tool for the Innovation of the Social Care Sector: The Contribution of New Technologies
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Is the process of creating and introducing something new and it requires the invention of something new and its implementation in the organization or in the market. Learn more in: Why and How Did Health Economics Appear? Who Were the Main Authors? What is the Role of ITCs in its Development?
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The term innovation could be defined as something original and new that “breaks in to” the market or into society, whereby things are done differently rather than doing the same thing better. Learn more in: Educational Innovations in Nigeria: Planning, Reasons for Failure, and Prospects
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A process by which the organizations transform ideas or inventions into new/improved products, services, or processes in order to renew, advance, and differentiate themselves in their marketplaces to sustain competitive advantage and achieve commercial success. Learn more in: Technology-Based Mergers and Acquisitions
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The application of new knowledge, resulting in new products, processes or services or significant improvements in some of its attributes. When a new solution is brought to the market to solve a problem in a new or better way than the existent solutions. Learn more in: Patent Information
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The process of translating an idea or invention into a product or a service that creates value for the company or for which the customers will pay. Learn more in: Leveraging Business Model Innovation in the International Space Industry
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Rogers (2003) explains that an innovation is an idea, practice or object that is perceived as new by the individual. Thus, a product will be considered an innovation only if it adds new attributes and/or benefits, and consumers are more likely to adopt an innovation if it is perceived as useful and important to the individual. Learn more in: The Impact of Consumer Choice Goals on Inovativeness
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A concept with diverse elements; three of which can be highlighted for its definition: invention, adoption and diffusion. An innovation can be both the originated in technological inventions, and the product of broader sociological changes. Learn more in: Exploring Ethics in Innovation: The Case of High-Fructose Corn Syrup
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Innovation has an inherent aspect of widespread commercial use; innovation implies a “selling aspect”. “Innovation is a social transformation in a community. Innovations are a result of a systematic analysis to find opportunities that can be turned into practices, or products. Learn more in: Harnessing Knowledge Integration in IS Design for Innovation Facilitation
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It is an holistic concept that embodies a process that includes all steps of scientific, technological, organisational, financing and commercial nature needed to develop new and viable products, services and processes; pointing to the systemic context it incorporates issues of creation, discovery, dissemination and application of scientific and technological knowledge; it requires risks and cooperation. Learn more in: The Portuguese University: Knowledge Leverage towards Innovation
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“[A]n idea, practice, or object that is perceived as new by an individual or other unit of adoption” ( Rogers, 2003 , p. 474). The newness of an innovation is relative. It does not have to be a completely new knowledge. Innovation can include knowledge that is forgotten or known for some time. As Rogers (2003) states, “If an idea is new to the individual, it is an innovation” (p. 12). Learn more in: Influences on the Acceptance of Innovative Technologies Used in Learning Opportunities: A Theoretical Perspective
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The management of all activities involved in the process of idea generation, technology development, manufacturing and marketing of a new or improved product, process or equipment ( Trott, 2011 , pg.15). Learn more in: Innovation in the Indian Banking Industry: An Exploration of the Evolution, Motivations, and Effects
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A new way of doing something and can be understand as the application of better solutions that meet new requirements, in-articulated needs, or existing market needs. Learn more in: Exploring Entrepreneurship and Innovation Scenarios in a Portuguese Hospitality Group
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New, creative changes used in business, which are accumulated, and therefore increase and refine existing technology or knowledge. Learn more in: Internationalization of Polish Higher Education within Knowledge Transfer and Innovation
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The economic exploitation of novel ideas. This may come in the form of product innovation (a good or service that is new or significantly improved), process innovation (a new or significantly improved production or delivery method), marketing innovation (a new marketing method involving significant changes in product design or packaging, product placement, product promotion or pricing) or organisational innovation (a new organisational method in business practices, workplace organisation or external relations). Learn more in: Knowledge Intensive Business Services and Regional Policy
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The process of translating an idea or invention into a good or service that creates added value for the customers, who are normally willing to pay for the added value. This innovation must satisfy a new need. Learn more in: Strategic Challenges of the Portuguese Automotive Industry: In Search of an Iberian Sourcing Strategy
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Corresponds to the implementation by a product company, process, organizational method or marketing method, new or significantly improved. Learn more in: The Effect of R&D Cooperation on Organizational Innovation: An Empirical Study of Portuguese Enterprises
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The process of translating an idea or invention into a good or service that creates value or for which customers will pay. Learn more in: The Roles of International Entrepreneurship and Organizational Innovation in SMEs
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Is an entrepreneurial tool or product which leads to superior competitive position by creating new exceptional value for customers. Learn more in: Strategic Planning in Entrepreneurial Companies: International Experiences
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Is the process of translating ideas into useful – and used – new products, processes and services. Learn more in: The Drivers of Entrepreneurial Universities in Emerging Economies: A Turkish Case Study
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Is at the center of practically all the phenomena, difficulties and problems of economic life in capitalist society, as its essence is “building a new function of production. It is hard, purposeful work making very great demands on diligence, on persistence, and on commitment; that it requires that innovators build on their own strengths and, that is an effect in the economy and society, because it changes the behaviours of entrepreneurs and consumer. Learn more in: Innovation, Innovativeness, and Gender: Approaching Innovative Gender
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The process of translating an idea or invention into a good or service that creates value or for which customers will pay. Learn more in: The Roles of Knowledge Management and Organizational Innovation in Global Business
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The renewal and broadening of the range of products and services and associated markets; the creation of production, procurement and distribution methods, and the introduction of changes to management, work organization and workers’ qualifications. Learn more in: Management in Modern Organizations: Organizational, Innovation, and Knowledge Management Theories
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The concept of innovation is something that creates and maintains the sustainability of the competitive advantages (Kanter, 1985 AU52: The in-text citation "Kanter, 1985" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. and Drazin Schoonhoven, 1996 AU53: The in-text citation "Drazin Schoonhoven, 1996" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. ), and the successful implementation of creative ideas within an organization (AMABILE and GRYSKIEWICZ, 1989 AU54: The in-text citation "AMABILE and GRYSKIEWICZ, 1989" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. ), or even open innovation (Chesbrough, 2006 AU55: The in-text citation "Chesbrough, 2006" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. ), which considers the interaction between companies, academy and consumers as a dynamic co-creation. Learn more in: Brazil 4D: An Experience of Interactive Content Production for Free-to-Air Digital Television
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The introduction of something new. For example an innovation is a new idea, method, or device in the production or the characteristics of a product or service. Learn more in: Entrepreneurship and Innovation in the Middle East: An Analysis for Egypt, Turkey, Iran, Jordan, and UAE
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Implementation of a new or significantly improved product (good or service) or process, new organizational or marketing method, organization of workplace or relations with the environment. Products, processes and organization or marketing methods do not have to be new in the market, in which an enterprise operates but they must be new for the enterprise. Learn more in: SME's Innovation and Internationalization in Knowledge-Based Economy: EU Case
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This term comes from the Latin word innovare that, in turn, comes from novus that means new . The Oslo Manual (2005) AU105: The in-text citation "Oslo Manual (2005)" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. defines innovation as “the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organizational method in business practices, workplace organization or external relations”. This definition means that we can distinguish four types of innovation. Learn more in: Innovation in Extremadura: Opportunity for Companies or Obstacle for their Development?
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Process that articulates new ideas and actions, culminating in new products or new practices, bringing improvements or significant changes to the areas in concern, and where they have influence. Learn more in: Boosting Entrepreneurism as a Product of Urban Creativity and Governance: The Almada Idea Laboratory Project
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New, creative changes used in business, which are accumulated, and therefore increase and refine existing technology or knowledge. Learn more in: Innovative Entrepreneurship in Poland within Cooperation of the Universities with Enterprises
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Innovation is the implementation of an idea in our life by a unique procedure. Learn more in: Cognitive Approach to Improve Media Literacy: Mind Puzzles
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Process of using, applying and transforming scientific and technical knowledge that makes available an application with commercial use. Learn more in: R&D Competition, Cooperation, and Microeconomic Policies
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The introduction of new ideas, goods, etc., or new methods of production - a new way of doing something. To be called an innovation, an idea must be replicable at an economical cost and must satisfy a specific need. Learn more in: Globalization and Media's Impact on Cross Cultural Communication: Managing Organizational Change
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It is a new idea, or more effective process. Innovation also can be seen as the new application of better solutions that can meet new requirements. The term innovation can be defined as something original and more effective and, as a consequence, new, that ‘breaks into’ the market or society. Learn more in: Technology Innovation Adoption Theories
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innovation is a change in products, processes, marketing methods or organizational methods. Those changes must be new to the firm and could be from both in-house developments as well as adoption of knowledge and technology from others. Learn more in: Lean Thinking and the Innovation Process
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Modification of structural and functional properties of a business object which take place as a result of goal-directed (managing) influences hereon. Learn more in: Multiplex Waves in the Planning of Innovation Processes in Business Systems
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Innovation. Something new or improved, having marketable potential, including (1) development of new applications for existing technologies, (2) refinement of existing technologies, or (3) development of new applications for existing technologies. Learn more in: Promoting Lean Innovation for SMEs: A Mexican Case
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The introduction of a new product or a qualitative change in an existing product; a process innovation new to an industry; the opening of a new market; the development of new sources of supply for raw materials or other inputs; changes in industrial organisation. Learn more in: Innovation and Intellectual Property Rights: The Case of Soybean Seeds in Argentina and the United States
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To create value through the design or modification of a product, service or process to build business opportunities. Learn more in: Some Experiences of Puebla's Entrepreneurs in New York: Challenges and Opportunities
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The product of creativity. It can be physical as in an object or intangible as in an idea. Learn more in: Utilization of Indigenous Knowledge for Competitiveness among Curio Makers of Matobo National Park, Zimbabwe
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Application of optimal solutions that meet requirements and collaborative ventures in corporate and entrepreneurial worlds. Learn more in: Conflict Resolution and Leadership Mindfulness into Action (MIA) for Cultural Humility and Awareness (MIA-CHA): Toward Ending Microaggressions and Fostering Harmony
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Application of optimal solutions that meet requirements and collaborative ventures in corporate and entrepreneurial worlds. Learn more in: Leadership Skills Development: Co-Creating Sustainability through Indigenous Knowledge
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The initial commercialization of invention of a new good or service or by using a new method of production. Learn more in: That's So Last Season!: An Exploratory Study on Information Technology as Fashion
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Innovation is process of creating something new and creative which is a value addition. Learn more in: Entrepreneurship as the Vantage Point
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Innovation refers to a method, idea, or product that is considered as new. Learn more in: Augmented Reality for Tourist Destination Image Formation
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The introduction of new products/services or new production processes. It is defined as the creation of better or more effective products, processes, services or ideas that are accepted by the market. Learn more in: Social Media as a Channel of Constructive Dialogue for Tourism Businesses
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Defined as “an idea, practice, or object that is perceived as new by an individual or other unit of adoption” ( Rogers, 2003 ). The concept of innovation refers to the adoption of mobile technologies in Nigerian academic libraries. Learn more in: Adoption and Use of Innovative Mobile Technologies in Nigerian Academic Libraries
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The application of new knowledge, resulting in new products, processes, or services, or significant improvements in some of its attributes. A new solution brought to the market to solve a problem in a new or better way than the existent solutions. Learn more in: Entrepreneurship and Innovation: The Search for the Business Idea
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The initial placing on the market of an invention, product, or its improvement processes or systems within a given geographical area. Learn more in: Effective Mechanisms for Accessing Technology and Innovation Strategies: Why and Who Innovate, How to Innovate?
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It is the process of translating a new idea or invention into the market. It can be a good or a service that creates value to the consumers, who are willing to pay. It is related with the concept of newness, in which a new idea, in the form of a good or service, must satisfy a specific need. Innovation can include the renovation and expansion of the range of products and services and their markets; the creation of new production methods, new sourcing activities and new distribution methods; and the introduction of management changes, in organization of the firm, and also in the workers qualifications. It is normally structured around three main blocks: products, processes and organizations. Learn more in: Challenges of the Implementation of Research, Development, and Innovation Standards: A Case Study From a Glass Bottle Manufacturer
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The mechanism by which organizations produce new products, processes, and systems necessary to adapt to the changing markets, technologies, and modes of competition. Learn more in: Knowledge Management and the Competitiveness of Learning Organizations
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The application of new knowledge, resulting in new products, processes or services or significant improvements in some of its attributes. A new solution brought to the market to solve a problem in a new or better way than the existent solutions. Learn more in: Patent Information Quality to Stimulate Innovations
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It is recognized as a source of growth and competitiveness. The Oslo Manual distinguishes between four types of innovation. Learn more in: An Empirical Analysis of the Algerian Entrepreneurship Ecosystem: Entrepreneurship Ecosystem in Algeria
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Innovations for the construction context represent the profitable developments and implementation of novel ideas, procedures, products, and practices geared towards enhancing organisational performance. Learn more in: Advanced ICT Methodologies (AIM) in the Construction Industry
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Is most generally defined as every novelty found beneficial in the experience of its users. In broader sense, innovation is renewal or increase of the offer of products/services; implementation of new methods in production, inbound logistics, and outbound processes; implementation of beneficial changes in organizations’ leadership, organization of work and work conditions; and implementation beneficial changes regarding work force and its capabilities. Learn more in: Modern Business and Innovativeness
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Consists of the new combination of production means, the introduction of new goods and/or new production methods, the opening up of new markets, the conquest of a new source of raw materials and/or the carrying out of a new organization of any industry. Learn more in: Institutional Entrepreneurship, Trust, and Regulatory Capture in the Digital Economy
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It is recognized as a source of growth and competitiveness. The Oslo Manual distinguishes between four types of innovation. Product Innovation: Introduction of a new product. This definition includes significant improvements to technical conditions, components or materials, embedded software, user-friendliness, or other functional characteristics. Process Innovation: Establishing a new production or distribution method, or significantly improving an existing one. This notion involves significant changes in techniques, material and/or software. Marketing Innovations: Establishing a new marketing method requiring substantial changes in a product’s design, conditioning, placement, promotion, or pricing. Organizational Innovation: Establishing a new organizational process in practices, workplace organization, or company public relations. Learn more in: Entrepreneurship and Big Data
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In a company, it consists of the introduction of a product (goods or services) or a new or significantly improved process, or a new marketing or organizational method that is applied to the practice of the company, to the organization of work or to external relations. But it is only considered innovation if its introduction is sold or applied successfully. Learn more in: Digital Social Innovation: Fundamentals and Framework of Action
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Is the predisposition to engage in creativity and experimentation through the introduction of new products/services as well as technological leadership in new processes. Learn more in: Contributions of Entrepreneurial Orientation to Competitive Advantage: The Portuguese Experience of the Textile SMEs
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It can be defined simply as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs through developing a new idea, device, process, or method. Learn more in: The Link Between Innovation and Prosperity: How to Manage Knowledge for the Individual's and Society's Benefit From Big Data Governance?
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The implementation of new processes or products. Learn more in: The Gifted Practitioner
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Innovation means transforming an idea into a marketable product or service, a new or improved manufacturing or distribution method, or a new method of social service. Learn more in: Financial Innovation: Theories, Models, and Future
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An idea which is replicable at an economical cost, satisfies a specific need, involves the deliberate application of information, imagination, and initiative in deriving greater or different values from resources, and includes all processes by which inventions are generated and converted into useful products. Learn more in: Innovation-Driven Growth of Tourist Destinations in the Russian Arctic: Challenges to Sustainable Development
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Something new or different introduced. It refers to the act of innovating which is basically the introduction of new things or methods. Learn more in: Exploring the Effect of Emerging Technologies on Scientific Knowledge Production and the Industrial Advancement of Society
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The process of inventing or making something new. Learn more in: Nebraska Innovation Studio
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Any new idea, product, service, device, process, method, or solution to be designed and applied to meet new requirements, un-met, unsatisfied, unarticulated needs, or existing market need. Learn more in: Entrepreneurship and Innovation in the Digitalization Era: Exploring Uncharted Territories
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The process of bringing in new ideas and methods of increasing the functionality of cities and towns. More of a divergent from the traditional way of doing things and running the city. Learn more in: Smart Cities in Sub-Saharan Africa: Opportunities and Challenges
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The translation of an idea or invention into a process, product or service in an organization. Learn more in: Social Capital and Innovation: A Theoretical Perspective
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Translation of an invention or idea into a process, product or service in an organization. Learn more in: Organizational Ecosystems: Innovation and Social Capital Dimensions
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The implementation of a new idea or method in a firm or organization. Learn more in: Social Capital and Innovation Performance in Firms
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The process of implementing new ideas in education in order to bring about better student-focused outcomes; also any specific instance of such implementations. Learn more in: “Solve the Big Problems”: Leading Through Strategic Innovation in Blended Teaching and Learning
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Related to successfully developing new or significantly improved goods or services, processes, marketing, and organizational methods. Achieving higher levels of innovation must be the aim of businesses in order to compete in more global and competitive markets. Learn more in: Entrepreneurial Leadership as a Driver of Innovation Success in Family SMEs in Colombia: The Difference Between Family and Non-Family CEOs
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Refers to the implementation of a new or considerably developed good or service, or process, or organizational method in business practices, workplace organization, or external relations. Learn more in: Innovation and Family Firms: Past and Future Research Perspectives
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Innovation is an iterative, interactive, context-specific, multi-activity, uncertain, path-dependent process and the result of a new combination of ends and means from a certain perspective. From this perspective, someone must perceive a difference concerning the qualitative newness of an object compared to a prior status in a given context. This new combination must be realized, introduced and diffused into a specific context, which is the point of reference of the prior status. Learn more in: Towards a Classification Framework for Concepts of Innovation for and From Emerging Markets
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Creation of premeditated changes focused on the economic or social potential of the firm. Learn more in: Management Innovation and Business Performance in Services: Economic and Social Potential
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Innovation is all about introducing new concepts, products, services, process, marketing technique, organizational structure to meet the needs of existing and new customers with the overall purpose to stimulate and increase spending and growth. Learn more in: Travel Agencies and Tour Operators at KidZania: A Proactive and Innovative Approach
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Being creative and original in one’s way of doing thing. Learn more in: Teaching and Learning 21st Century Skills for Life
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Something new, original, or fresh that had not been used previously. An idea that may take the form of a product (material objects or devices like a computer or a software package) or a process (a sequence of steps like a production line or a business model). Learn more in: The Diffusion of HRITs Across English- Speaking Countries
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The development of new education methods in response to change Learn more in: An Evaluation of ‘Linking for a Change'
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Refers to the ability of creating valuable and useful new product, new services, new technology, or production process (Liao & Chuang, 2006). Learn more in: A Resource-Based Perspective on Information Technology, Knowledge Management, and Firm Performance
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Innovation typically involves creativity, but is not identical to it: innovation involves acting on the creative ideas to make some specific and tangible difference in the domain in which the innovation occurs. For example, Amabile et al. (1996) propose: “All innovation begins with creative ideas . . . We define innovation as the successful implementation of creative ideas within an organization. In this view, creativity by individuals and teams is a starting point for innovation; the first is necessary but not sufficient condition for the second”. For innovation to occur, something more than the generation of a creative idea or insight is required: the insight must be put into action to make a genuine difference, resulting for example in new or altered business processes within the organization, or changes in the products and services provided. (en.wikipedia.org) Learn more in: Stimulating Creativity and Innovation in and Around Organisations: Co-Creation Experiments from Ongoing Research in a Bank
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Innovation means the generation, acceptance and implementation of new ideas, processes, products, services or technologies that are accepted by individuals, markets, goverments, and society in general. Innovation refers to the use of something considered new, whereas invention refers directly to the creation of something new. Learn more in: Innovation and Diversification Policies in the Banking Sector: The Case of the Urban@ Program
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The application of new knowledge, resulting in new products, processes or services or significant improvements in some of its attributes. When a new solution is brought to the market to solve a problem in a new or better way than the existent solutions. Learn more in: Creativity, Invention, and Innovation
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Act or process of introducing new ideas, products, processes or methods, that creates value for which customers will pay. Learn more in: Innovation in Experiential Services: Trends and Challenges
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A new idea, device or process, generally offering better solutions that meet new requirements or existing market needs. Learn more in: Adoption of Online Social Media Innovations
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The practical translation of ideas into new or improved products, services, processes, systems, or social interactions. Learn more in: Organizational Structure at the Contemporary Interface
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Implementation of a new or significantly improved product (good or service) or process. The minimum requirement for an innovation is that the product or process must be new or significantly improved to the firm. Nevertheless, it is common to consider differences between the degree of innovativeness: from incremental innovations, passing by new-to-market, to radical innovations that have disruptive potential to change the existing techno-economic paradigms. Today is common to also consider marketing innovations, the implementation of new marketing methods, and organizational innovations, the implementation of new organizational methods in the firm’s business practices. Another derived concept is social innovation, often understood as new ideas, products or processes that meet social needs and challenges in contemporary society. Learn more in: Resilience, Innovation, and Knowledge Transfer: Conceptual Considerations and Future Research Directions
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Is defined as every novelty found beneficial in the experience of its users. Learn more in: Impact of Economic Culture on the Development of Enterprises
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The introduction of something new or a new idea, method, or device. Learn more in: Strategic Knowledge Management, Innovation, and Performance
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Generation, acceptance and implementation of innovative ideas into new products, processes or services among individuals who become committed to these ideas. Learn more in: Managers and the Innovation Process
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A significant positive change regarding new or significantly improved product or process and new marketing or organizational methods. In other words, it refers to renewing, changing, or creating more effective products, processes, or ways of working or doing things. There are different types of innovation: incremental, differential, radical, and breakthrough. Innovation is a process usually involving three fundamental elements: identifying needs, developing competences, and finding financial support. Learn more in: Innovation Scope and the Performance of the Firm: Empirical Evidence from an Italian Wine Cluster
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The term innovation can be defined as something original and, as a consequence, new, that “breaks into” the market or society. Learn more in: Internationalization Process of Innovative SMEs in Lebanon: An Analysis with a Conceptual Model
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The production or manufacture of creative ideas into a useful solution. Learn more in: Tools for the Process: Technology to Support Creativity and Innovation
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This is an improvement of a situation, object or process which entails a superior level to what previously existed. Innovation, like strategy, can be the creation of something totally new or a redesign and/or adaptation of existing situation, object or process for superior performance. Learn more in: The Adoption of Instructional Technologies in Teacher Education: Re-Conceptualising Instructional Technologies within the Context of Nigeria's Level of Development
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The process of translating an idea or invention into a good or service that creates value or for which customers will pay. Learn more in: Fostering Supply Chain Management in Global Business
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Innovation can be any new idea or concept that can take businesses forward. Learn more in: Impact of E-Commerce in B2B Physical Distribution: Diffusion of Innovations Perspective
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Socio-cultural process involving repertoires of social practices developed and/or constructed by social actors (individuals and/or organizations). Learn more in: Challenges to Firms' Collaborative Innovation Facing the Innovation Babel Tower
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The process by which organizations incorporate knowledge in the production of goods and services that are new for them, not mattering if they are or not new for domestic of foreign competitors. In the innovation economy, the main focus of analysis falls upon technical changes and other associated changes, which are considered to be fundamental for the understanding of the factors that make organizations, sectors, regions and countries develop faster than others. Learn more in: Innovation in the Health System: Evidences from Brazilian Local Production and Innovation Systems
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The process of translating an idea into a product or service that creates value or consumers and industry. Learn more in: Choice of National Brand vs. Private Label “Me-Too” New Products in a Multicultural Context: Understanding Consumer Innovativeness
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The systematic creation of something novel and useful with an added value to someone. Learn more in: Distributed Problem-Solving: How Artists' Participatory Strategies Can Inspire Creativity in Higher Education
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Application of optimal solutions that meet requirements and collaborative ventures in corporate and entrepreneurial worlds. Learn more in: Mindfulness into Action: Applying Systemic Thinking and Exploring the Potential for Developing Reflective Leaders
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Creation and implementation of value adding methods into a way of doing something. Learn more in: Employment in Innovation Performance: Comparison of Turkey and EU Countries
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To innovate means to renew, create again. It is a feature which can take place at all stages of processes (be it at the productive and / or social level). The introduction of innovation in processes is the best way to promote efficient uses of resources and therefore improve results. Currently, innovation is often associated with scientific and technological changes and strongly related to knowledge, education and qualification. Learn more in: Proximity and Cooperation for Innovative Regional Development: The Case of the Science and Technology Park of Alentejo
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The process of translating an idea or invention into a product or service that creates value. Learn more in: Encouraging Internationalization and Entrepreneurial Orientation in Small and Medium Enterprises
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An idea that is new to the organization. It can be a new product, a new service or a new technology. Learn more in: Innovation Culture as a Mediator Between Specific Human Capital and Innovation Performance Among Bumiputera SMEs in Malaysia
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The Oxford Handbook of Innovation Management (2013) AU73: The in-text citation "Innovation Management (2013)" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. describes innovation as an essential means by which organisations survive and thrive. Learn more in: Social Media Strategies for Small and Medium Scale Enterprise in the Klang Valley Region of Malaysia
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The application of new knowledge, resulting in new products, processes or services or significant improvements in some of its attributes. A new solution brought to the market to solve a problem in a new or better way than the existent solutions. Learn more in: Tacit Knowledge in Maker Spaces and Fab Labs: From Do It Yourself (DIY) to Do It With Others (DIWO)
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This term comes from the Latin word innovare that, in turn, comes from novus that means new . The Oslo Manual (2005) AU48: The in-text citation "Oslo Manual (2005)" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. defines innovation as “the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organisational method in business practices, workplace organization or external relations”. This definition means that we can distinguish four types of innovation. Learn more in: Perceptions of Extremaduran Firms Towards Innovation: Manufacturing vs. KIBS Comparative Study
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The process of evolving a new idea or concept from an existing practice bringing about a transformation in addressing a pressing issue. Learn more in: Agriculture Livelihood Security: Industry CSR Initiative
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Facilitating a new method or idea to solve traditional and or contemporary, complex societal problems through unconventional creative and imaginative means. Learn more in: Disrupting the Media Literacy Learning Process: Building a Community Media Lab to Transform Digital Journalism Education at HBCUs
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A way of thinking that creates something new or improving upon an idea or product. Learn more in: Using Technology to Foster Creative and Critical Thinking in the Classroom
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It is the act of generating a new product or service for the market that has not been invented yet. Learn more in: The Role of the Entrepreneur in the Promotion of the Digital Economy: A Multi-Country Case Study Between Brazil and Portugal
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This term refers to a new, novel idea, method, approach, or product aimed improving services. Learn more in: Monitoring and Evaluation Leadership Through Technology: The South African Public-Sector Perspective
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The action of making changes in something established, especially through the introduction of new ideas and methods. The term is equally associated with the act of turning ideas into solutions that add value from society’s perspective. Learn more in: The Effects of the “Publish or Perish Syndrome” on Research and Innovation in Nigerian Universities: Insights From Recent Research and Case Studies
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A new achievement in the field of technologies or management, intended for use in the operating, investment or financial activities of a company. Learn more in: Features of Financial Policy Development by Russian Companies in Today's Conditions
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Innovation is not the same as invention. In general, an invention refers to the result of research activities, such as a patented idea, while an innovation is a commercial product, process or service. An invention might become an innovation when it is transformed into a socially usable product. Learn more in: How Multinational Companies Create and Capture Value From Innovation Through Business Model Dynamics
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an offering experienced as new and valuable and subsequently adopted for use by an individual or collective. Learn more in: Racing Ahead With Innovation: The Case for Hybrid Models and Ethical Decisions
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Something new or different introduced, it is the act of innovating, which includes the introduction of new things or methods. Innovation is also the introduction of a new idea into the marketplace in the form of a new product or service, or an improvement in organization or process. The process of translating an idea or invention into a good or service to create value for which customers will pay. Learn more in: Factors Creating Competitive Advantage for Family-Owned Business
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This originality may occur at various levels, namely, organizational, human and social. Human capital is the core where innovation occurs. Innovation is considered as the deliberate and intentional source of creating problems, the resolution of which includes the appropriate identification application of instruments. Innovation entails applying knowledge, a process of introducing change in the organization, deconstructing constructs, then preconceived ideas and routines are a necessary condition for innovation to succeed. Learn more in: Demystifying Unlearning and Innovation in Higher Education Institutions
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The application of an original idea or invention that creates economic and/or social value. Learn more in: The Contribution of Technologies to Promote Healthy Aging and Prevent Frailty in Elderly People
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The capacity that allows a firm to grow, evolve and reinvent itself for the future. Learn more in: The Moderating Effect of Family Management on R&D Productivity in Privately Held Firms
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Directly dependent on the pool of knowledge within the organization. Innovation depends on internal capabilities, experience, how tacit knowledge is transmitted and applied in the organization. Employee loyalty depends on the degree of freedom employees perceive and impacts the organization, performance and productivity. Innovation is an irrefutable source of competitive advantage, the DNA of the organization. Continuous and conscious learning in the market is one of the conditions to be taken into account in order to leverage innovation processes. Learn more in: Unravelling Hurdles to Organizational Sustainability by Virtue of Sharing and Creating Knowledge
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An idea, practice, or object that is perceived as new by an individual or other unit of adoption. Learn more in: Distance Education in Turkey
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The recombination of past ideas, artifacts, and people in a creative manner, Learn more in: Enhancing Student Productivity Using a Creativity Tutorial
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Any tool or practice which is new, novel, or unique to the members of an organization or social system. Learn more in: Supporting the Implementation of Online Learning
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An idea, practice, or object that is perceived as new by an individual or other unit of adoption. Learn more in: Diffusion of E-Learning as an Educational Innovation
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Is defined as a new idea, a new product, a new process or an organizational form. It is characterized by three stages: invention, innovation, and diffusion. An invention is a new idea or product, which becomes which becomes an innovation when it starts diffusing in the society or move into a usable form. Learn more in: The Role of E-Services in the Library Virtualization Process
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Is the new development of a product, service, or idea that is perceived by individuals as new. Learn more in: Utilizing the Lead User Method for Promoting Innovation in E-Recruiting
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An idea, practice, or object is regarded as an innovation when it is perceived as new by an individual or another unit of adoption. This is in contrast to an invention, which denotes the process by which a new idea, practice, or object is discovered or created, but without being adopted yet. Learn more in: Electronic Gaming in Germany as Innovation in Education
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The term innovation may refer to both radical and incremental changes in thinking, in things, in processes or in services. Invention that gets out in to the world is innovation. Learn more in: From E to U: Towards an Innovative Digital Era
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An idea, practice, or object that is perceived as new by an individual or other unit of adoption. Learn more in: Technology Diffusion in Public Administration
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the process of bringing new problem-solving ideas into use (Amabile 1988; Glynn 1996; Kanter 1983). The emphasis in this quote is on the phrase into use, for Tidd (2001) argues that just the invention of new knowledge is insufficient and Sullivan, (1998) and Teece, (1998) say that innovation has only occurred if the new knowledge has been implemented or commercialised in some way. Learn more in: Developing Innovative Practice in Service Industries
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The implementation of novel ideas and practices that are sufficiently large to affect the character of the organisation. Learn more in: Innovation and Citizen-Centric Local E-Government
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The introduction of new idea, method or device and its successful exploitation so that the organization increases its performance. Learn more in: The Role of Organizational Culture to the Management of Telecommunication Companies: I. Background and Motivation
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the process of making improvements by introducing something new. It begins with creative ideas from individuals or teams. Learn more in: Expanded Collaborative Learning and Concept Mapping: A Road to Empowering Students in Classrooms
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A process, product or object that is perceived as new by the social group adopting it. The process of innovating consists essentially of two stages: creativity, during which the new idea is formed or adapted from elsewhere, and implementation, during which the innovation is successfully introduced to the social group and adopted by them over a period of time. Learn more in: University 2.0: Embracing Social Networking to Better Engage the Facebook-Generation in University Life
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an object (service) which is perceived as new by an individual consumer. Here mobile services. Learn more in: Role of Personal Innovativeness in Intentions to Adopt Mobile Services – Cross-Service Approach
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The commercially successful exploitation of new ideas creating business value. Learn more in: Interdisciplinary Interaction for the Early Stages of Product and Service Development
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Enhances the ability to compete at a local and global level. Learn more in: Leadership’s Role in Leveraging Workforce Diversity
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Technological advancements in products, services and/or processes that are novel and that can be commercialized. Harvard Business Review, (September): 2–9. Learn more in: Social Innovation as Driver of Regional Competitiveness: A Conceptual Framework
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Generation of new ideas, processes, products or services that are successful in the market. Learn more in: Social Innovation and Entrepreneurship: The Case of Porto Region
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An idea, practice, or object that is perceived as new by an individual or other unit of adoption. Learn more in: Using Diffusion of Innovations Theory to Encourage Workers to Make Healthy Food Choices and Engage in Physical Activity
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Innovations for the construction context represent the profitable developments and implementation of novel ideas, procedures, products, and practices geared towards enhancing organisational performance. Learn more in: Advanced ICT Methodologies (AIM) in the Construction Industry
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Defined as a new idea, device, or method. Innovation is the application of better solutions that meet new requirements, unarticulated needs, or existing market needs. The term innovation can be defined as something original and more effective and, as a consequence, new, that breaks into the market or society. Learn more in: Project Management in Government
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Generation of new ideas, processes, products, or services that are successful in the market. Learn more in: How to Create, Develop, and Sustain an Organization: The TIES Model
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A complex process of the creation dissemination and use of new practical tools to meet human needs. Learn more in: Flexible Educational Program for Managerial Engineering Personnel in Innovation
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Invention especially at the product, material and production levels that has been reached to the market and customer. Learn more in: Political Economy of the Green Innovations in the Construction Industry
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A new idea or development in form of a device or a method that creates value. Learn more in: Games in Innovation Education: Simulated vs. Authentic Gamified Participation
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It is characterized by three stages: invention, innovation and diffusion. An invention is a new idea or product, which becomes an innovation when it starts diffusing in the society or move into a usable form. Learn more in: Government Intervention in SMEs E-Commerce Adoption
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The creation or introduction of a new idea or artifact resulting from study and experimentation. Learn more in: Wag the Kennel: Games, Frames, and the Problem of Assessment
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“Innovation’ can be considered as the unit of technological change and an invention, if one exists in the situation, it is part of the process of innovation. Learn more in: Modeling the New Product Development Process: The Value of a Product Development Process Model Approach as a Means for Business Survival in the 21st Century
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An idea, practice or object that is perceived as new by an individual, a group or an organization. There are several types of innovation and each innovation must be managed in a specific way. Learn more in: E-Health Strategic Planning: Defining the E-Health Services' Portfolio
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The application of better 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, as consequence, 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 (or obtains a foothold in) a market or society.” Learn more in: Consumerism and Innovation: The Starting Points for the Creation of University Spin-Off
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the profitable developments and implementation of novel ideas, procedures, products, and practices geared towards enhancing organisational performance. Learn more in: Emerging ICT-Based Methods in the Architecture, Engineering, and Construction Context
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The process that results in the introduction of novel principles and practices in the work activities of an organization. Learn more in: Big Data and Innovation in the Delivery of Public Services: The Case of Predictive Policing in Kent
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This term comes from the Latin word innovare that, in turn, comes from novus that means new . The Oslo Manual (2005) AU57: The in-text citation "Oslo Manual (2005)" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. defines innovation as “the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organisational method in business practices, workplace organization or external relations”. This definition means that we can distinguish four types of innovation. Learn more in: Innovation Policies and Barriers to Innovation: An Analysis in Extremadura (Spain)
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The adoption of new (production) technologies, new ways of working and new ways to organize cooperation among firms within a cluster. Learn more in: Cultural Capital and Industrial Cluster Competitiveness: A Case Study of the Cibaduyut Footwear Cluster
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The process of introducing an idea, devices or method into a product or service that creates value or for which customers will pay. Learn more in: Identifying the Key Success Factors of Innovation for Improving the New Product Development Process
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To create new products and services and to promote productivity by renovating management. This mainly consists of product and process innovation. Learn more in: Impact of ICT on Innovation: The Case of Japanese SMEs
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Innovation is a change in products, processes, marketing methods or organizational methods. Learn more in: The Barriers to Innovation Diffusion: The Case of GM Food in Sri Lanka
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The process of translating an idea or invention into a good or service that creates value or for which customers will pay. Learn more in: Genesis and Development of Social Entrepreneurship in India
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The introduction of a new product and/or service on the market, which contributes to the improvement of the social, environmental and business climate. Learn more in: Building Sustainable Enterprises through Innovations in Bulgaria
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Activity of individual or groups related to the practical exploitation and implementation of products and processes characterized by potential originality and effectiveness. Learn more in: A Creativity and Innovation Course for Engineers
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Application of optimal solutions that meet requirements and collaborative ventures in corporate and entrepreneurial worlds. Learn more in: Personal Growth and Leadership: Interpersonal Communication with Mindfulness into Action
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Is the renewal and broadening of the range of products and services and associated markets; the creation of production, procurement and distribution methods, and the introduction of changes to management, work organization and workers’ qualifications. Learn more in: Tacit Knowledge as a Driver for Competitiveness
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The implementation of a new or significantly improved product (good or service), process or new organizational method. Learn more in: ICT Standardization
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The application of new knowledge, resulting in new products, processes, or services, or significant improvements in some of its attributes. A new solution brought to the market to solve a problem in a new or better way than the existent solutions. Learn more in: Competitive Intelligence and Technology Watch From Patent Information to Leverage Innovation
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The application of new knowledge, resulting in new products, processes or services or significant improvements in some of its attributes. A new solution brought to the market to solve a problem in a new or better way than the existent solutions. Learn more in: How Fablabs Manage the Knowledge They Create
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Something new or different introduced to the business environment to make radical changes and incremental improvements in technology. The process of translating an idea or invention into a good or service that creates value or for which customers will pay. Learn more in: The Role of Universities in Industry 4.0 Era: Entrepreneurship and Innovation Perspectives
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Is a new idea, or a more effective device or process. Innovation can be viewed as the application of better solutions that meet new requirements, unarticulated needs, or in some cases, the already existing market needs. This is accomplished through more effective products, processes, services, technologies, or business models that are readily available to markets, governments and the society overall. Learn more in: Financial Systems Reforms in Western Balkans Countries
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New or novel approaches to the way we work, systems are designed, redesigned to meet rapidly changing and growing needs in society. Often viewed as how problems are resolved in order to produce better and often creative outcomes; and are often a result of new and more effective, efficient, and productive solutions to both the inputs as well as throughput operations in a system. Learn more in: Governance and Public Policy Challenges in Managing Disruptive and Innovative Technologies
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Any idea, product, practice, behavior, or object that is apparent as new. Learn more in: Innovation Generation and Innovation Adoption
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The application, in any organization, of ideas new to it, whether they are embodied in products, processes, or services. Learn more in: Researching Technological Innovation in Small Business
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Represents a product, a service, or an idea that is perceived, or should be perceived by the audience or the market in which this innovation is intended to be new and of value. Learn more in: A Structured Approach to Developing a Business Case for New Enterprise Information Systems
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Any tool or process that represents a new or creative method for accomplishing a goal. Learn more in: Innovations in Learning Technology
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The introduction of new ideas, goods, services, and practices which are intended to be useful. Scholars classify five main types of innovation: product innovation, process innovation, organizational innovation, marketing innovation and business model innovation. Learn more in: Social Networks through an Entrepreneurial Mindset
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The derivation of creative efforts that builds, modify, or is directly reliant on an existing artifacts. Learn more in: The Challenge of Enculturation on Art
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The process of developing and commercialising something new, usually a product, service or manufacturing process. The process is related to >invention but they are not identical twins. The management of innovation is a growing and significant subject in its own right. While there is continued debate in the literature about the range of activities covered by the term, there is broad agreement that successful innovation management involves research, technology development, marketing and manufacturing. Learn more in: Innovation Risks of Outsourcing within Knowledge Intensive Business Services (KIBS)
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A product, process or idea that is perceived as novel to the user or audience. Learn more in: Key Issues in E-Government and Public Administration
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represents a product, a service, or an idea that is perceived or should be perceived by the audience or the market in which this innovation is intended to be new and of value. Learn more in: Diffusion of Innovations Theory: Inconsistency Between Theory and Practice
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is ‘an idea, practice or object that is perceived as new by individuals or other units of adoption’ (Rogers, 1995. pg.11). Learn more in: E-Business Adoption and its Impact on Performance
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New products, services or processes introduced to market or commercially developed, not just invented. Learn more in: Management Fads, Communities of Practice and Innovation
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The economic application of a new idea. A Dictionary of Economics . John Black. Oxford University Press, 2002. Learn more in: Triple Helix Organisations, Communities of Practice and Time
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A complex process that leads to changes in processes, new products or services that address a business or market need Learn more in: Sustaining Organizational Innovation
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Generation of new ideas, processes, products or services that are successful in the market. Learn more in: Social Innovation, Entrepreneurship, and Sustainability
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The application of new knowledge, resulting in new products, processes or services or significant improvements in some of its attributes. When a new solution is brought to the market to solve a problem in a new or better way than the existent solutions. Learn more in: Fab Labs and Makerspaces for Learning and Innovation: The Case of Arhte Program in Brazil
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Exists when new elements are introduced (radical innovation), but also the adaptation, modification and improvement of products, processes or services (incremental innovation). Learn more in: Process of Innovation in Beira Interior
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(noun) A new technology, idea or process; (verb) The process of identifying, adopting and implementing a new technology, idea or process. Learn more in: Innovation in Web-Enhanced Learning
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An idea, practice, or object that is perceived as new by an individual or other social unit for adoption (Rogers, 1995). Learn more in: The Efficacy of Continuing Education Technology for Public Health Physicians Practicing in Remote Areas
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Translating an idea or invention into a good or service which is crucial to the success of an organization. Learn more in: Measuring Social Capital: The Case of the Technium Network in Wales
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A new product (goods and services), process or idea that is perceived to be new. Learn more in: A New Perspective Network Innovation
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It is the process through which new ideas, goods, services, processes and activities are created, developed or redefined. Learn more in: Balancing Stability and Innovation in Knowledge-Intensive Firms: The Role of Management Control Mechanisms
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Represents a product, a service, or an idea that is perceived or should be perceived by the audience or the market in which this innovation is intended to be new and of value. Learn more in: Analyzing Diffusion and Value Creation Dimensions of a Business Case of Replacing Enterprise Systems
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