Innovation and Research

Innovation involves creating new or improved ideas, products, or methods that add value or solve problems. Research is the systematic investigation to gain knowledge and understanding about a subject. Together, research provides the foundation for innovation by uncovering insights, while innovation applies those insights to develop new solutions or improvements. For example, research might explore how a new material works, and innovation would be using that material to create a better, more efficient product. Both are essential in advancing technology, business, and society by continuously pushing boundaries and finding better ways to do things.