innovation

/,inou'veiʃn/
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innovation

A team presents their new innovation at a science fair.

Definition
  1. Noun:
    • The act or process of introducing something new: This refers to the action of creating and implementing novel ideas, methods, or devices.
    • A new method, idea, or product: This refers to the concrete result or outcome of the innovative process—the new thing itself.
Usage
  • As a concept or process (uncountable): Used to describe the general activity or culture of introducing new things.
    • The company encourages innovation among its employees.
  • As a specific instance (countable): Used to refer to a particular new product, method, or idea.
    • The smartphone was a major innovation in communication.
Examples
  • Process/Act:
    • Technological innovation is key to economic growth.
    • The festival is a hub for artistic innovation.
  • Specific New Thing:
    • This software update includes several useful innovations.
    • The electric car represents a significant innovation in the automotive industry.
Advanced Usage
  • "Disruptive innovation": An innovation that creates a new market and value network, eventually displacing established market leaders.
    • Streaming services were a disruptive innovation for the video rental industry.
  • "Incremental innovation": A series of small improvements to an existing product, service, or process.
    • The annual model updates from the car manufacturer are examples of incremental innovation.
Variants and Related Words
  • Innovate (verb): To make changes by introducing new methods, ideas, or products.
    • The team needs to innovate to stay ahead of competitors.
  • Innovative (adjective): Featuring new methods; advanced and original.
    • She is known for her innovative approach to design.
  • Innovator (noun): A person who introduces new methods, ideas, or products.
    • He was a true innovator in the field of renewable energy.
Synonyms
  • Novelty: The quality of being new, original, or unusual.
  • Invention: Something, typically a process or device, that has been invented.
  • Modernization: The process of adapting something to modern needs or habits.
Antonyms
  • Stagnation: A state of inactivity or lack of development.
  • Obsolescence: The process of becoming obsolete or out of date.
Related Phrases
  • "Culture of innovation": An environment that encourages the generation and implementation of new ideas.
    • Successful tech companies often foster a strong culture of innovation.
  • "Driver of innovation": A key factor that stimulates or enables innovative activity.
    • Competition is a powerful driver of innovation.
innovation

A team presents their new innovation at a science fair.

Noun
  1. the act of starting something for the first time; introducing something new
    • she looked forward to her initiation as an adult
    • the foundation of a new scientific society
  2. the creation of something in the mind
  3. a creation (a new device or process) resulting from study and experimentation