Terminology
Innovation - Key concepts
Article REF: AG2231 V1
Terminology
Innovation - Key concepts

Author : Pierre DEVALAN

Publication date: January 10, 2012, Review date: September 27, 2017 | Lire en français

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2. Terminology

2.1 Official" definition of innovation

The first "official" definition of innovation appears in the OECD's OSLO manual :

  • Innovation covers several fields and is distinct from invention

    • Product innovation is characterized by "the introduction onto the market of a product (good or service) that is new or substantially modified in terms of its fundamental characteristics, technical features, incorporated software or any other incorporated tangible or intangible...

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