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European cooperation growing smart cooperation4innovation Ieva Kalnina, INTERACT 9 October 2012 | Brussels.
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European cooperation growing smart cooperation4innovation Ieva Kalnina, INTERACT 9 October 2012 | Brussels
Innovation is the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new orgnisational method in business practices, workpace organisation or external relations. The minimum requirement for an innovation is that the product, process, marketing method or organisational method must be new (or significantly improved) to the firm Source: Oslo Manual
A wider purpose of innovation • Not innovation per se! Application of innovation to make life better for individuals and society at large • Address challenges such as climate change, health, food security, access to clean water, demographic change