Innovation

Quick Facts: Who was Innovation?

Subject:

Innovation

Known for:

The practical implementation of ideas to create or improve goods, services, or processes.

Verified Source:

2Day Chrono-Wiki & Primary Historical Archives

Origins & Early Life

Innovation is the practical implementation of ideas that result in the creation or improvements of goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity, realizing or redistributing value". Others give different definitions; most have a focus on newness, improvement, and the spread of ideas or technologies (see diffusion of innovation).

Career & Major Achievements

Innovation often takes place through the development of more-effective products, processes, services, technologies, art works or business models that innovators make available to markets, governments, and society. Innovation is related to, but not the same as, invention: innovation is more apt to involve the practical implementation of an invention (i.e. new / improved ability) to make a meaningful impact in a market or in a society. Not all innovations require a new invention.

Enduring Legacy & Impact

Jamshed Bharucha appears to assign generic innovation a key role in the fashioning of leaders. Technical innovation often manifests itself through the engineering process when the problem being solved is of a technical or scientific nature. The opposite of innovation is exnovation.

Chronological Milestones & Life Events

1. 2020: 2020 Milestone — ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity, realizing or redistributing value".

Historical Fact-Check Quiz: Innovation

True or False: “The successful implementation of a new technology in a market constitutes innovation, even if the underlying invention is decades old.”

Answer (TRUE ⭕): Innovation is defined by its practical application and market impact, not solely by the novelty of the initial invention. The ability to realize value is the key differentiator.

Contemporary Figures & Related Historical Timelines

• Alan Parker — Historical peer (Died in 2020) (2020): Acclaimed English filmmaker known for genre versatility and numerous BAFTA and Golden Globe wins.
• Albert Uderzo — Historical peer (Died in 2020) (2020): Pioneering French comic artist, co-creator of the iconic Astérix series.
• Inquisition — Chrono-Wiki Encyclopedia Entry: A Catholic judicial procedure historically used to combat heresy and enforce orthodoxy.
• InSight — Chrono-Wiki Encyclopedia Entry: NASA's robotic lander to study the deep interior structure and seismic activity of Mars.
• Institut de Droit International — Chrono-Wiki Encyclopedia Entry: A leading international academic body dedicated to advancing and studying public international law.
• Institute of Space and Astronautical Science — Chrono-Wiki Encyclopedia Entry: Japan's premier astrophysics research institute, driving national space exploration.

Frequently Asked Questions about Innovation