Innovation Business Vocabulary # 30 Words

All businesses need innovation to survive. See our 30 Innovation Business Vocabulary words to help you when talking about this topic.

Word	Meaning	Example Sentence
Idea	A thought or suggestion	We need a new idea for our marketing campaign.
New	Not existing before; recently made or introduced	The company launched a new product last year.
Change	To make or become different	We need to change our approach to customer service.
Create	To bring something into existence	They created a revolutionary new app.
Develop	To grow or improve something	We are developing a new strategy for growth.
Improve	To make something better	We are constantly striving to improve our products.
Invent	To create something new	He invented a self-folding laundry basket.
Launch	To introduce a new product or service	They are planning to launch their new software next month.
Market	To promote and sell a product or service	We need to market our new product effectively.
Process	A series of actions taken to achieve a desired outcome	We are streamlining our production process.

Beginner Innovation in Business Vocabulary

Word	Meaning	Example Sentence
Breakthrough	A significant discovery or development	The company achieved a major breakthrough in battery technology.
Concept	An abstract idea or general notion	The concept behind the new product is quite innovative.
Disrupt	To interrupt or drastically change something	Technology is disrupting traditional business models.
Enhance	To improve the quality, value, or extent of something	We are looking for ways to enhance the user experience.
Implement	To put a plan or system into effect	The company is implementing a new training program.
Innovation	The process of creating new ideas or methods	Innovation is key to success in the modern business world.
Novel	New and original	They introduced a novel approach to online marketing.
Paradigm	A typical example or pattern of something	The internet has created a new paradigm for communication.
Refine	To improve something by making small changes	We need to refine our marketing strategy.
Strategy	A plan of action designed to achieve a long-term goal	The company has a clear strategy for growth.

Intermediate Innovation in Business Vocabulary

Word	Meaning	Example Sentence
Disseminate	To spread or distribute something widely	The company disseminated information about the new product through social media.
Ephemeral	Lasting for a very short time	Trends in technology can be ephemeral.
Holistic	Characterized by the belief that the parts of something are intimately interconnected and explicable only by reference to¹ the whole	The company takes a holistic approach to product development.
Incremental	Increasing gradually by regular degrees	The company is focusing on incremental improvements to its existing products.
Paradigm Shift	A fundamental change in approach or underlying assumptions	The development of the internet represented a paradigm shift in communication.
Proliferation	Rapid increase in the number or amount of something	The proliferation of new technologies has created many new opportunities.
Synergistic	Producing a combined effect greater than the sum of their separate effects	The synergistic effect of the two departments working together was remarkable.
Transformative	Causing a marked change in someone or something	The new technology has had a transformative impact on the industry.
Vanguard	A group of people leading the way in new developments or ideas	The company is at the vanguard of innovation in its field.
Visionary	Thinking about or planning the future with imagination or wisdom	The company’s visionary leader has guided its success.

Advanced Innovation in Business Vocabulary

We hope you enjoyed our innovation in business vocabulary.

Innovation Business Vocabulary