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Concept information

Preferred term

INNOVATION  

Definition

  • A TERM FOR TRANSLATING A NEW IDEA (OR INVENTION) INTO A NEW PROCESS OR PRODUCT THAT IS THEN IMPLEMENTED OR COMMERCIALIZED, OR FINDING NEW, MORE EFFICIENT OR PROFITABLE WAYS TO MAKE, MARKET, OR SELL AN EXISTING PROCESS OR PRODUCT

Entry terms

  • NEW TECHNOLOGY
  • TECHNOLOGICAL CHANGE
  • TECHNOLOGICAL DEVELOPMENT

Definition source

  • DHG

URI

https://hasset.ukdataservice.ac.uk/a0755d08-17eb-48a6-8fd3-c50bc8dfbca1

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