Last updated: Feb 16th, 2010

Innovation:

Innovation is the act of creating, discovering, or inventing something new. Innovation can take many forms: development of new technology, creation of new organizational structure, creation of new forms of art. Innovation is one of the main forces driving society forward--if a business, country, or even a person is not an innovator, that business, that country, or that person will often lag behind those who are.

What causes innovation?

Aside from the innate creative abilities that some people just seem to possess, there are a number of factors that can contribute to innovation. Some of the important ones:



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