Innovation is the reasonable utilization of thoughts that outcome in various new kinds of new contributions, similar to items, administrations, cycles, and plans of action, meaning to improve or upset existing applications or make new arrangements. Here in this article, we have explained what is innovation , its meaning , definition , types, and advantages. What is […] An innovation is defined as the introduction of a new idea, method, product, or process that significantly improves or alters the existing state of things, adding value or solving a problem. Innovation, for its part, can refer to something new or to a change made to an existing product, idea, or field . One might say that the first telephone was an invention, the first cellular telephone either an invention or an innovation, and the first smartphone an innovation. Innovation involves creating fresh ideas, techniques, items, services, or answers that result in meaningful and valuable outcomes . It translates Innovative ideas into tangible outcomes that improve productivity and performance or meet unrecognised requirements.