innovation
Innovation can refer to something new or to a change made to an existing product, idea, or field.
The first telephone was an invention, the first cellular telephone was either an invention or an innovation, and the first smartphone was an innovation.
The first known use of "innovation" was in the 15th century.
The first telephone was an invention, the first cellular telephone was either an invention or an innovation, and the first smartphone was an innovation.
The first known use of "innovation" was in the 15th century.
Innovations don't have to be major breakthroughs in technology or new business models; they can be as simple as upgrades to a company's customer service or features added to an existing product.
Business innovation is an organization's process for introducing new ideas, workflows, methodologies, services or products.
Innovation plays a key role in introducing novelty to existing product lines or processes, leading to increased market share, revenue, and customer satisfaction. Sometimes innovation is used to upgrade the operating systems of the business or
“You can’t just ask customers what they want and then try to give that to them. By the time you get it built, they’ll want something new.” Steven Paul Jobs, American business magnate, industrial designer, investor, and media proprietor.
“Microsoft is always two years away from failure.” William Henry “Bill” Gates, American business magnate, software developer, investor, and philanthropist.
“Imagination is more important than knowledge.” Albert Einstein, German-born theoretical physicist.
“Imagination is more important than knowledge.” Albert Einstein, German-born theoretical physicist.
“We’ve reached the end of incrementalism. Only those companies that are capable of creating industry revolutions will prosper in the new economy. Gary P Hamel, American management consultant.
“You can have brilliant ideas, but if you can’t get them across, your ideas won’t get you anywhere.” Lido Anthony “Lee” Iacocca, American automobile executive.
“Money never starts an idea; it is the idea that starts the money.” William J. Cameron, Canadian-American journalist.
“Money never starts an idea; it is the idea that starts the money.” William J. Cameron, Canadian-American journalist.
“There’s no good idea that cannot be improved on.” Michael Dammann Eisner, American businessman.
“If you have always done it that way, it is probably wrong.” Charles Franklin “Boss” Kettering, American inventor, engineer, businessman, and the holder of 186 patents.
“If you have always done it that way, it is probably wrong.” Charles Franklin “Boss” Kettering, American inventor, engineer, businessman, and the holder of 186 patents.