Innovation

Innovation refers to the process of creating new ideas, products, or methods that bring about significant improvements or advancements. It involves introducing something that has not previously existed or making meaningful changes to existing concepts to enhance their functionality or effectiveness. Innovation can occur in various fields, including technology, business, education, and social practices, and it often leads to improved efficiency, increased competitiveness, and the capacity to meet evolving consumer needs. It is characterized by creativity, experimentation, and the willingness to take risks to solve problems and create value.