Thursday, 1 December 2016

Ideas and Innovation




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idea
ʌɪˈdɪə/
noun
a thought or suggestion as to a possible course of action.”

In philosophy, ideas are usually interpreted as mental representational images of an object. Ideas can also be abstract concepts that do not present as mental images. Many philosophers have considered ideas to be a fundamental category of being. The capacity to create and understand the meaning of ideas is considered to be an essential and defining feature of human beings. A new or original idea can often lead to innovation.

innovation
ɪnəˈveɪʃ(ə)n/
noun
“the action or process of innovating.”

Innovation: a new idea, device or method. However, innovation is also viewed as the application of better solutions that meet new requirements or existing needs. This is achieved through more effective products, processes, technologies, services, or business models that are readily available. The term innovation can be defined as something original and more effective and, therefore, new, that "breaks into" the market or society. It is related to, but not the same as, invention. Innovation is generally considered to be the result of a process that brings together various novel ideas in a way that they affect society. A form of Fusion, if you will.

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