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Innovation

/ˌɪnəˈveɪʃən/noun
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Innovation is the process of developing and implementing new ideas, products, or methods that solve problems and create value in unexpected ways. It goes beyond mere invention by emphasizing practical application and adaptation to real-world needs, often sparking economic growth and societal change in fields like technology and business.

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Did you know that the concept of innovation has been pivotal in history, such as when the steam engine's innovations in the 18th century kickstarted the Industrial Revolution, leading to a 200-fold increase in global productivity over two centuries? This single advancement not only transformed manufacturing but also influenced social structures, highlighting how one idea can reshape the world.

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