Die Innovation
Example: Die Innovation im Unternehmen hat den Umsatz deutlich gesteigert.
Definition
"Innovation" in management refers to the process of introducing new ideas, methods, or products within a company to improve efficiency, performance, or competitiveness, often leading to significant positive changes such as increased revenue or market share.
Etymology
The word "Innovation" comes from the Latin word 'innovatio,' meaning 'a renewal' or 'a change.' Originally, it referred to the act of making something new. In modern business language, it specifically denotes the introduction of novel concepts or improvements in a corporate context.
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"Die Innovation" appears in the Vocaplus list "German - Management - (A1-C2) - set 1", containing 108 commonly used words.
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