What is the process through which people create new products,new processes,new organization,new management practices,and new strategies called?

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The process through which people create new products, new processes, new organization, new management practices, and new strategies is called innovation. It involves coming up with new and useful ideas and turning them into reality through experimentation and implementation. Innovation is a key driver of economic growth, competitiveness, and social progress.

What Is the Process Through Which People Create New Products,new