Innovation refers to the process of developing new ideas, products, or methods that bring significant improvements or changes to existing systems. It involves creativity and the practical application of new concepts, leading to advancements that can enhance efficiency, solve problems, or meet emerging needs in society. Innovation can occur in various forms, including technological advancements, process improvements, and novel business models. It is essential in driving economic growth and competitiveness, as it allows organizations and individuals to adapt to changing environments and consumer demands. Overall, innovation is a key factor in progress across different fields, from science and technology to arts and social practices.
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