English · Work & Business
innovation
/ˌɪn.əˈveɪ.ʃən/
[/ˌɪn.əˈveɪ.ʃən/]
new idea or method
Intermediatenoun
Definition
A new idea, method, or product, or the process of creating and introducing such new things.
Example
The company is known for innovation, releasing a clever new product almost every single year.
The company is known for innovation, releasing a clever new product almost every single year.
Etymology
From Latin 'innovatio', from 'innovare' (to renew), from 'in-' plus 'novus' (new).
How & Where It’s Used
Used in business, technology, and policy to describe positive change.