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Innovation Is the Process of Turning an Invention into a Marketable

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Innovation is the process of turning an invention into a marketable product.


Definitions:

Organizational Model

A conceptual framework that outlines the structure, processes, and methods an organization uses to achieve its objectives.

Standard Operating Procedures

Detailed, written instructions designed to achieve uniformity of the performance of a specific function.

Political Explanation

An explanation that relates to the theories, activities, or affairs concerning governance, policy-making, or politics.

Coalition

An alliance between individuals, groups, or nations for a common purpose, often temporary and focused on achieving a specific goal.

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