Sunday, July 20, 2008

Innovation On Economy


Innovation is an important issue in the study of the economy, business, technology, sociology and engineering. The word "innovation" is often used as a synonym for the outcome of the process. Innovation is also considered one of the main engines of the economy, the factors contributing to innovation, are also regarded as critical for policy makers.
Innovation can be two radical and incremental changes in thinking, things, process or in the service sector. Fiction, is in the world of innovation. In many areas, must be something new significantly different, to innovate, not only a negligible change, for example in the fields of art, economics, business and government policy. In the economy must change to strengthen the value of customers of the value or the manufacturer. The objective of this innovation is to positively change someone or something better. Innovation leads to increased productivity is the main source of growing prosperity in the economy.

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