Definition - What is Innovation?
Innovation has been defined many ways by many different people.
In January 2009, innovation was defined forty different ways in under 140 characters for a Twitter contest.
These of course aren't the only possible definitions for innovation, but here is a video of my innovation definition (along with an example):
"Innovation transforms useful seeds of invention into solutions valued above every existing alternative." - Braden Kelley
What is your innovation definition?
Braden Kelley (@innovate on Twitter)
In January 2009, innovation was defined forty different ways in under 140 characters for a Twitter contest.
These of course aren't the only possible definitions for innovation, but here is a video of my innovation definition (along with an example):
"Innovation transforms useful seeds of invention into solutions valued above every existing alternative." - Braden Kelley
What is your innovation definition?
Braden Kelley (@innovate on Twitter)
Labels: Braden Kelley, Contest, Definition, Innovation, Twitter
posted by Blogging Innovation at 3:49 PM
2 Comments:
I like your definition! We tend to use a very simple one - "The successful exploitation of new ideas”. This carries with it that something has to be successful in order to be innovative. Whatever the definition, it must convey the sense that we are talking about the whole end-to-end process - Idea creation, Development and Value realisation (ROI) and all the management processes that go with those. It does not stop at the generation of a good idea!
Simon Evans
Information, knowledge and innovation are deeply related. Therefore, they need to be defined in terms of the others:
Information equals facts and data
Knowledge is proportional to the rate of change of facts and data. Innovation is proportional to the rate of change of knowledge.
Information exists on paper or computer screen. Knowledge can only exist within the mind of a conscious person and nowhere else. Innovation cannot be seen before it happens however it can be predicted by a proxy for innovation - measuring high rates of change of knowledge.
Citing Differential Calculus we can say the innovation is a derivative of knowledge and that knowledge is a derivative of information. Going backwards we can say that information is the integral of knowledge and knowledge is the integral of innovation.
Back to common speak we say that innovation is derived from the integration of knowledge and knowledge is derived from the integration of information.
An Ipod, Quicken, or a hybrid automobile are not innovations, they are inventions. Inventions are the product of millions of innovations captured in human conversation, or not.
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