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* '''[[w:Innovation|Innovation]]''' is a new idea, device or process. Innovation can be viewed as the application of better solutions that meet new requirements, inarticulated needs, or existing market needs. This is accomplished through more effective [[w:product (business)|product]]s, [[w:Procedure (term)|processes]], [[w:Service (economics)|service]]s, [[w:technologies|technologies]], or [[w:idea|idea]]s that are readily available to [[w:Market (economics)|market]]s, [[w:government|government]]s and [[w:society|society]]. ( Wikipedia ) | * '''[[w:Innovation|Innovation]]''' is a new idea, device or process. Innovation can be viewed as the application of better solutions that meet new requirements, inarticulated needs, or existing market needs. This is accomplished through more effective [[w:product (business)|product]]s, [[w:Procedure (term)|processes]], [[w:Service (economics)|service]]s, [[w:technologies|technologies]], or [[w:idea|idea]]s that are readily available to [[w:Market (economics)|market]]s, [[w:government|government]]s and [[w:society|society]]. ( Wikipedia ) | ||
* '''[[w:Innovation management|Innovation management]]''' is the [[w:management|management]] of [[w:innovation|innovation]] processes. It refers both to [[w:product|product]] and [[w:organization|organization]]al innovation. | * '''[[w:Innovation management|Innovation management]]''' is the [[w:management|management]] of [[w:innovation|innovation]] processes. It refers both to [[w:product|product]] and [[w:organization|organization]]al innovation. | ||
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* '''[[w:Innovation economics|Innovation economics]]''' is a growing economic doctrine that reformulates conventional economics theory so that [[w:knowledge|knowledge]], [[w:technology|technology]], [[w:entrepreneurship|entrepreneurship]], and [[w:innovation|innovation]] are positioned at the center of the model rather than seen as independent forces that are largely unaffected by policy. ( Wikipedia ) | * '''[[w:Innovation economics|Innovation economics]]''' is a growing economic doctrine that reformulates conventional economics theory so that [[w:knowledge|knowledge]], [[w:technology|technology]], [[w:entrepreneurship|entrepreneurship]], and [[w:innovation|innovation]] are positioned at the center of the model rather than seen as independent forces that are largely unaffected by policy. ( Wikipedia ) | ||