innovation
//ˌɪnəˈveɪʃən//
Noun
innovationSingular
innovationsPlural
1
A new method, idea, product, or device that introduces something original or makes significant improvements to what already exists.
The smartphone was a major innovation that changed how we communicate.
2
The act or process of introducing new ideas, methods, or products; the action of innovating.
The company encourages innovation in all departments.