INNOVATIONS
Innovation means the new way of the out coming things processed. This term is important most in studies of economics, business, technology, sociology, and engineering and also in art and design field. Innovation process is more to productivity improvement which will lead consumers to purchase on the latest product.
Furthermore, innovation actually has similar meaning with new invention in particular product. Invention on productivity includes combinations from precious ideas experience by other experts. Experience can be defined by the productivity use by each individual on the product. From the idea seen from the few product, then combination are made in such perspective to outcome with new invention. Usually products invented are by adding new values or appearance into the product to gain attention from the consumers to purchase the new invention.
Example can be view in this youtube URL: http://www.youtube.com/watch?v=d9Ax_v7g5w4
Hopefully the video will help in better understanding of the defination.
My Refferences:
http://www.nscpublishing.com/ProcessInnovation.html
http://en.wikipedia.org/wiki/Invention
http://en.wikipedia.org/wiki/Innovation
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