By CELIA XIE | Updated: 2024-07-07
#Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. It is related to, but not the same as, invention: innovation is more apt to involve the practical implementation of an invention (i.e. new / improved ability) to make a meaningful impact in a market or society, and not all innovations require a new invention.
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