Organizational Innovation

Organizational innovation refers to the development and implementation of new ideas, processes, or structures within a company to improve its effectiveness and competitiveness. In the context of innovative entrepreneurship, it means rethinking how an organization operates—such as introducing new management practices, enhancing teamwork, or adopting cutting-edge technology—to better serve customers and adapt to changing markets. This type of innovation helps businesses become more agile, efficient, and capable of exploring new opportunities, ultimately driving growth and success.