The document discusses learning new information and how it enables greater intelligence and feeds the mind. It defines innovation as translating an idea into a good or service that creates value for customers. For an idea to be an innovation, it must be replicable at an economical cost and satisfy a specific need. Innovation involves applying information, imagination, and initiative to create new values from resources.
The document discusses learning new information and how it enables greater intelligence and feeds the mind. It defines innovation as translating an idea into a good or service that creates value for customers. For an idea to be an innovation, it must be replicable at an economical cost and satisfy a specific need. Innovation involves applying information, imagination, and initiative to create new values from resources.
The document discusses learning new information and how it enables greater intelligence and feeds the mind. It defines innovation as translating an idea into a good or service that creates value for customers. For an idea to be an innovation, it must be replicable at an economical cost and satisfy a specific need. Innovation involves applying information, imagination, and initiative to create new values from resources.
thought was important to think about. It enables you to have a greater intelligence in every aspect of life while feeding your mind. BRAINCHILD : a product of one's creative effort PROTOTYPE INNOVATION The process of translating an idea or invention into a good or service that creates value or for which customers will pay. To be called an innovation, an idea must be replicable at an economical cost and must satisfy a specific need. Innovation involves deliberate application of information, imagination and initiative in deriving greater or different values from resources, and includes all processes by which new ideas are generated and converted into useful products. In business, innovation often results when ideas are applied by the company in order to further satisfy the needs and expectations of the customers. Catalyst person or thing that precipitates an event or change: constant change, activity, or progress.
Not only new but the very first or one of a kind.
easily understood or done; presenting no difficulty.
completely new and having a great effect:
Someone or something that can be trusted or believed because
he, she, or it works or behaves well in the way you expect:
developed to a high degree of complexity.
INVENTION something that has never been made before, or the process of creating something that has never been made before: