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innovation

Definition

The creation of new products and/or services.

Featured Tip

Financial Market InnovationsFinancial market innovations are good for Wall Street but bad for clients. Investors must recognize that the early success of an innovation is not a reliable indicator of its ultimate merit. Although ... Read more

Additional Tip(s)

Dangers of Investing in Innovative Companies
Beware of Wall Street Innovations
How Does a Company's New Idea Aid in Stock Selection?
Stay Open to Innovation

More Tips...

Nearby Terms

in-kind income
inner city
innocent misrepresentation
innocent purchaser
innocent-spouse rule
innovation
in-process research and development
input
input lead
inputs
inquiry notice

Popular 'Business' Terms

corporation
investment
opportunity cost
variable cost
economy of scale
management
partnership
divestiture
franchise
business

Related Terms

erosion
franchised monopoly
mature market
economic growth
asset impairment
creative destruction
financial innovation
Charles Schwab
return on innovation investment
economic development