innovation

noun B2

Meaning

Innovation refers to the process of creating new ideas, products, or methods that improve existing systems or solve problems in a novel way.
💡 A common mistake is to confuse "innovation" with "invention"; innovation involves improving or applying existing ideas, while invention refers to creating something entirely new.

Example Sentences

How does innovation help companies improve their products ?
Innovation drives progress and improves efficiency in many industries .
Innovation is important for companies to stay competitive today .
Innovation is important for improving technology and solving problems .

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