Meaning of the word innovation in English

What does innovation mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

innovation

US /ˌɪn.əˈveɪ.ʃən/
UK /ˌɪn.əˈveɪ.ʃən/
"innovation" picture

Noun

1.

the action or process of innovating

Example:
The company is committed to continuous innovation.
Technological innovation is crucial for economic growth.
2.

a new method, idea, product, etc.

Example:
The smartphone was a major innovation in communication.
They introduced several new innovations to the market.
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