Innovation can be thought of as 'new ideas put into action’ Innovation is about creating value and increasing efficiency, and therefore growing our business. It is the conversion of new knowledge into new products and services 1 .
Innovation
Nov 13, 2014
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Innovation can be thought of as 'new ideas put into action’
Innovation is about creating value and increasing efficiency, and therefore growing our business.
It is the conversion of new knowledge into new products and services
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Creativity concerns the generation of new ideas. Innovation also includes the implementation of those ideas
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Innovation is the act of introducing something new.
Act of introducing = Risk Taking New = Creative
Innovation = Creativity *Risk Taking
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