Business innovation is the process of making something new or improved that better serves a business. This can include a new product or service, a workflow improvement or anything else that improves the business in a new way.<\/p>\n\n\n\n
At its most basic level, innovation is coming up with a new way to do things. Those new ways of doing things are introduced with the goal of earning the business more money. Beyond that basic definition, business innovation is a general concept that can apply to many different products, services, efforts, and policies. It can include new products that will better serve customers or a new program that will help employees better communicate about projects they’re working on.<\/p>\n\n\n\n
In the business world, innovation is often used as a synonym for research and development (R&D). However, R&D is a fairly limited term that usually refers to the development of new products. Business innovation is a broader term that describes any type of innovation that occurs in a business context.<\/p>\n","protected":false},"excerpt":{"rendered":"
Business innovation is the process of making something new or improved that better serves a business. This can include a new product or service, a workflow improvement or anything else that improves the business in a new way. At its most basic level, innovation is coming up with a new way to do things. Those…<\/p>\n","protected":false},"author":4,"featured_media":10742,"parent":7306,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"taxonomy_info":[],"featured_image_src_large":["https:\/\/suritargets.com\/wp-content\/uploads\/2021\/06\/creative-ideas-for-saving-money-innovation-busines-GB5A5SN-e1626203025194-1-1024x628.jpg",1024,628,true],"author_info":{"display_name":"Serchinio Alimoestar","author_link":"https:\/\/suritargets.com\/author\/serchi\/"},"comment_info":0,"_links":{"self":[{"href":"https:\/\/suritargets.com\/wp-json\/wp\/v2\/pages\/7326"}],"collection":[{"href":"https:\/\/suritargets.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/suritargets.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/suritargets.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/suritargets.com\/wp-json\/wp\/v2\/comments?post=7326"}],"version-history":[{"count":0,"href":"https:\/\/suritargets.com\/wp-json\/wp\/v2\/pages\/7326\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/suritargets.com\/wp-json\/wp\/v2\/pages\/7306"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/suritargets.com\/wp-json\/wp\/v2\/media\/10742"}],"wp:attachment":[{"href":"https:\/\/suritargets.com\/wp-json\/wp\/v2\/media?parent=7326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}