Innovation


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Innovation literally means action and effect to innovate. The word comes from the Latin innovare. Also, in the colloquial and general usage, the term is used specifically in the sense of new proposals and economic implementation inventions. Strictly speaking, however, says that ideas can only be innovations after they are implemented as new products, services or procedures that are really successful application, prevailing in the market through the difusión.1

Economist Joseph Schumpeter who introduced this concept in his “theory of innovation”, 2 in which it defines as the establishment of a new production function. The economy and society change when the factors of production are combined in a novel way. Suggests that invention and innovation are the key to economic growth, and those implementing this change are practically entrepreneurs.

The concept of innovation is also used in the human sciences and culture. The search through the search for new knowledge, solutions or solution paths, suppose curiosity and pleasure for renewal. The concepts of art and creativity become relevant in this context.
Academy of English
Innovation, according to the Dictionary of Academy of English, is the “creation or modification of a product, and its introduction into a market.

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