Innovation refers to the process of creating and implementing new ideas, products, services, or methods that bring about significant improvements or changes. It involves the introduction of something novel or a transformative approach that adds value, solves problems, or enhances efficiency. Innovation can occur in various domains, including technology, business, education, and social systems, and can be incremental (small, gradual improvements) or radical (breakthrough changes). The primary goal of innovation is to meet evolving needs and demands while fostering competitive advantage and sustainability. It is often driven by research, creativity, and the application of knowledge, aiming to advance society and enhance the quality of life.
Toshiba is centralizing its research efforts by creating a new Comprehensive Research Institute, uniting approximately 2,000 researchers to foster innovation. The institute aims to bridge the gap between laboratory breakthroughs…