innovation

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  1. Schumpeter
    United States economist (born in Czechoslovakia) (1883-1950)
    Following Schumpeter (1934), contributors to the scholarly literature on innovation typically distinguish between invention, an idea made manifest, and innovation, ideas applied successfully in practice.
  2. innovation
    the act of starting something for the first time
    Innovation is a change in the thought process for doing something, or the useful application of new inventions or discoveries.[1]
  3. incremental
    increasing gradually by regular degrees or additions
    It may refer to an incremental emergent or radical and revolutionary changes in thinking, products, processes, or organizations.
  4. emergent
    coming into existence
    It may refer to an incremental emergent or radical and revolutionary changes in thinking, products, processes, or organizations.
  5. origination
    the act of starting something for the first time
    However, economists tend to focus on the process itself, from the origination of an idea to its transformation into something useful, to its implementation; and on the system within which the process of innovation unfolds.
  6. economics
    science dealing with the circulation of goods and services
    In many fields, such as the arts, economics and government policy, something new must be substantially different to be innovative.
  7. implementation
    the act of providing a means for accomplishing something
    However, economists tend to focus on the process itself, from the origination of an idea to its transformation into something useful, to its implementation; and on the system within which the process of innovation unfolds.
  8. productivity
    the quality of yielding positive results
    Innovation leading to increased productivity is the fundamental source of increasing wealth in an economy.
  9. sociology
    the study and classification of human societies
    Innovation is an important topic in the study of economics, business, entrepreneurship, design, technology, sociology, and engineering.
  10. increase
    a process of becoming larger or longer or more numerous
    In economics the change must increase value, customer value, or producer value.
  11. contributor
    a writer published in a periodical or as part of a book
    Following Schumpeter (1934), contributors to the scholarly literature on innovation typically distinguish between invention, an idea made manifest, and innovation, ideas applied successfully in practice.
  12. transformation
    the act of changing in form or shape or appearance
    However, economists tend to focus on the process itself, from the origination of an idea to its transformation into something useful, to its implementation; and on the system within which the process of innovation unfolds.
  13. application
    the action of putting something into operation
    Innovation is a change in the thought process for doing something, or the useful application of new inventions or discoveries.[1]
  14. organization
    a methodical and orderly manner or approach
    It may refer to an incremental emergent or radical and revolutionary changes in thinking, products, processes, or organizations.
  15. revolutionary
    markedly new or introducing radical change
    It may refer to an incremental emergent or radical and revolutionary changes in thinking, products, processes, or organizations.
  16. manifest
    clearly revealed to the mind or the senses or judgment
    Following Schumpeter (1934), contributors to the scholarly literature on innovation typically distinguish between invention, an idea made manifest, and innovation, ideas applied successfully in practice.
Created on Thu Sep 16 19:26:24 EDT 2010

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