Innovation refers to the process of creating, developing, and implementing new ideas, products, services, or methods that improve upon existing solutions or address unmet needs. It encompasses the application of creative thinking and novel approaches to enhance efficiency, effectiveness, or functionality in various fields, including technology, business, and social systems. Innovation can be incremental, involving gradual improvements, or radical, representing significant breakthroughs that can disrupt markets. The ultimate goal of innovation is to generate value, solve problems, and foster progress by leveraging advancements in knowledge and resources. It is driven by curiosity and the desire to improve the status quo, and it plays a critical role in economic growth and societal advancement.
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