Innovation

Innovation refers to the process of creating new ideas, products, services, or methods that improve upon existing solutions or introduce entirely novel concepts. It encompasses not just the invention of new technologies or products but also improvements in processes, systems, and business models. Innovation can occur in various forms, including incremental changes that enhance existing offerings and disruptive innovations that fundamentally alter markets and consumer behavior. The underlying goal of innovation is to provide added value, address unmet needs, facilitate efficiency, and drive progress across different fields such as technology, business, healthcare, and education. It often involves collaboration, creativity, experimentation, and an openness to change.