Monday, August 27, 2012

Defining innovation-what would you add?


New to market – as novelty
New to world – as change
New to solving a specific problem – as ingenuity
New to sector – as advantage

Could be said to be change that adds to the comfort, convenience, and efficiency; largely a study of interaction of capital, labor, technology; and involves the study of complex change over time.

What else would we add to the definition?

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