innovation Definition
- 1the introduction of new ideas, methods, or devices
- 2a new idea, method, or device
Using innovation: Examples
Take a moment to familiarize yourself with how "innovation" can be used in various situations through the following examples!
Example
The company's success is due to its constant innovation.
Example
The new product is an innovation in the field of technology.
Example
The school encourages innovation and creativity among its students.
innovation Synonyms and Antonyms
Synonyms for innovation
Antonyms for innovation
Idioms Using innovation
a major new development or discovery that has a significant impact on a particular field or industry
Example
The company's breakthrough innovation in renewable energy has revolutionized the industry.
an innovation that creates a new market or disrupts an existing market by displacing established market leaders
Example
The company's disruptive innovation in transportation has challenged traditional taxi services.
a collaborative approach to innovation that involves sharing ideas and resources with external partners
Example
The company uses open innovation to tap into the expertise of researchers and entrepreneurs around the world.
Phrases with innovation
the introduction of new technology or technological processes
Example
The company invests heavily in technological innovation to stay ahead of its competitors.
the introduction of new cultural practices, beliefs, or values
Example
The festival aims to promote cultural innovation by showcasing new and emerging artists.
social innovation
the introduction of new ideas or practices that address social needs or problems
Example
The organization focuses on social innovation by developing new solutions to poverty and inequality.
Origins of innovation
from Latin 'innovatio', meaning 'renewal'
Summary: innovation in Brief
The term 'innovation' [ˌɪnəˈveɪʃən] refers to the introduction of new ideas, methods, or devices. It can be seen as a synonym for 'invention,' 'creativity,' or 'originality.' Examples include technological innovation, cultural innovation, and social innovation. Idioms like 'breakthrough innovation' and 'disruptive innovation' denote major developments or market disruptions, while 'open innovation' highlights collaboration.
