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innovative ideas

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1) "Innovative" -- As to innovative ideas in·no·va·tive Pronunciation: 'i-n&-"vA-tiv Function: adjective : characterized by, tending to, or introducing innovations - in·no·va·tive·ly adverb - in·no·va·tive·ness noun Pronunciation Symbols The classic definitions of innovation include: the process of making improvements by introducing something new the act of introducing something new: something newly introduced (The American Heritage Dictionary). the introduction of something new. (Merriam-Webster Online) a new idea, method or device. (Merriam-Webster Online) the successful exploitation of new ideas (Department of Trade and Industry, UK). change that creates a new dimension of performance Peter Drucker (Hesselbein, 2002) In economics, business and government policy,- something new - must be substantially different, not an insignificant change. In economics the change must increase value, customer value, or producer value. Innovations are intended to make someone better off, and the succession of many innovations grows the whole economy. The term innovation may refer to both radical and incremental changes to products, processes or services. The often unspoken goal of innovation is to solve a problem. Innovation is an important topic in the study of economics, business, technology, sociology, and engineering. Since innovation is also considered a major driver of the economy, the factors that lead to innovation are also considered to be critical to policy makers. In the organisational context, innovation may be linked to performance and growth through improvements in efficiency, productivity, quality, competitive positioning, market share, etc. All organisations can innovate, including for example hospitals, universities, and local governments. While innovation typically adds value, innovation may also have a negative or destructive effect as new developments clear away or change old organisational forms and practices. Organisations that do not innovate effectively may be destroyed by those that do. 1 Conceptualizing innovation 1.1 Innovation in organizations 1.2 Technological concepts of innovatio..." 2) "Ideas" -- As to innovative ideas idea Pronunciation: I-'dE-&, -'dE& also 'I-(")dE-& or 'I-dE Function: noun Etymology: Middle English, from Latin, from Greek, from idein to see -- more at WIT 1 a : a transcendent entity that is a real pattern of which existing things are imperfect representations b : a standard of perfection : IDEAL c : a plan for action : DESIGN 2 archaic : a visible representation of a conception : a replica of a pattern 3 a obsolete : an image recalled by memory b : an indefinite or unformed conception c : an entity (as a thought, concept, sensation, or image) actually or potentially present to consciousness 4 : a formulated thought or opinion 5 : whatever is known or supposed about something <a child's idea of time> 6 : the central meaning or chief end of a particular action or situation 7 Christian Science : an image in Mind - idea·less /-l&s/ adjective synonyms IDEA, CONCEPT, CONCEPTION, THOUGHT, NOTION, IMPRESSION mean what exists in the mind as a representation (as of something comprehended) or as a formulation (as of a plan). IDEA may apply to a mental image or formulation of something seen or known or imagined, to a pure abstraction, or to something assumed or vaguely sensed <innovative ideas> <my idea of paradise>. CONCEPT may apply to the idea formed by consideration of instances of a species or genus or, more broadly, to any idea of what a thing ought to be <a society with no concept of private property>. CONCEPTION is often interchangeable with CONCEPT; it may stress the pro For a thought or concept, see idea. For the Canadian radio program, see Ideas. For the Nintendo DS emulator, see IDeaS For the CAx software, see I-DEAS ..." 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