Global Innovation: The cross-border creation of novel solutions addressing worldwide needs and challenges.
Loss aversion is the irrational tendency for humans to avoid losses at all costs. For example, we feel more pain from losing $100 than we do from gaining $100.
Gathering: The act of collecting information or individuals to spark ideas and foster collaborative innovation.
Design Process: a structured framework for creating solutions, involving research, ideation, prototyping, testing, and refinement.