Innovation

Innovation Definition from Braden Kelley on Vimeo.

Innovation is a word that everyone is somewhat familiar with but everyone may have differing definitions. Our textbook focuses the entire 1st chapter on this subject so it is hard to find one short and concise definition. Since this class is going to focus on innovation, I thought I might try to see how others might define innovation. I found this video on vimeo by a man named Braden Kelley and I thought he described innovation in a clear, understanding way. He defined innovation as a way to "transform useful seeds of invention into solutions valued above every existing alternative". He discusses the example of Quicken, a financial software product that was created through the innovation. He then goes on to say that Quicken, while successful now, needs to keep up with newer products on the market especially those on the internet such as Mint. He elaborates this point by expressing the importance of the consistence of innovation. Innovation is not one single solution that will last forever. Creators and organizations need to constantly use innovation to continue to provide effective and useful products for the world today.