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- Innovation is the process of creating something new that adds value to society. It can involve developing new products, services, processes, or business models. Innovation can be driven by a variety of factors, such as technological advances, changes in consumer preferences, or shifts in the competitive landscape. - Innovation is the process of creating something new that adds value to society. It can involve developing new products, services, processes, or business models. Innovation can be driven by a variety of factors, such as technological advances, changes in consumer preferences, or shifts in the competitive landscape.
- ### Types of Innovation - ### Types of Innovation
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There are different types of innovation, including: #flashcard There are different types of innovation, including: #flashcard
- Product Innovation The development of a new or improved product - Product Innovation The development of a new or improved product
- Process innovation The development of a new manufacturing - Process innovation The development of a new manufacturing