innovation
/,inou'veiʃn/
Definition
- 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- Obsolescence: The process of becoming obsolete or out of date.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.
Noun
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the act of starting something for the first time; introducing something new
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she looked forward to her initiation as an adult
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the foundation of a new scientific society
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the creation of something in the mind
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a creation (a new device or process) resulting from study and experimentation
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