Defining Innovation - SAGE Publications Inc

Innovation is about helping organizations grow. Growth is often mea-sured in terms of turnover and profit, but can also occur in knowledge,in human experience, and in efficiency and quality. Innovation is theprocess of making changes to something established by introducing some-thing new. As such, it can be radical or incremental, and it can be appliedto products, processes, or services and in any organization . It can happenat all levels in an organization , from management teams to departmentsand even to the level of the chapter describes the main concepts behind Innovation . Weexplore the different types of Innovation that affect the growth of anorganization.

how to innovate effectively entails managing knowledge within the orga-nization and offers the potential to enhance the way the organization innovates. This element adds a further extension to our definition: Innovation is the process of making changes to something established by introducing something new that adds value to customers and

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