Innovation is the creation and application of novel, value-adding solutions to relevant problems or opportunities.
Output metrics are used to track the performance and success of an innovation strategy after implementation. (e.g., product fit, ROI)
Short-term, low-cost, low-risk test of an idea to prove its value. Used in business innovation and software development.
Framing is the process of shaping perceptions and decisions by presenting information in a particular way to influence innovation.