Innovation is the creation and application of novel, value-adding solutions to relevant problems or opportunities.
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.
STEM is an acronym for Science, Technology, Engineering, and Mathematics. This term is commonly used in educational policy.
The rules and standards set up by a group of people to provide a blueprint for proper and acceptable actions and behavior in a space.