Question

I work for a software company. We use several metrics to evaluate new software projects, including increased sales, retention, and revenue. One quality we look for is innovation. This often prompts a discussion of "how do you measure innovation." How do you say that one idea is more or less innovative than another? We often turn to our competitors and say if they aren't doing it then the idea is innovative... but that may also be a sign that the idea is terrible. You may even hear someone say "why can't we be innovate like that company?" As soon as you strive to be like another company, are you still being innovative? I recognize that this post offers more questions than answer. I'm truly curious about your thoughts...

What is innovation? How do you recognize innovation? How do you measure innovation?

Answer 1

Answer:

What is Innovation?

Innovation meand a new idea or a creative though , and is not like invention which can be give value to this world.

Innovation does not give value.

Innovtaion = Invention * commercial

How do you recognize Innovation?

When you discover esteem or new thought or new program (business) which can support your customer or the general population as far as by and by or officialy , then it is known as innovation.

How do you measure Innovation?

Innovation can't be measured, as far as by personally  or by intellectually or officialy. On the off chance that you innovate a new thing and hit the world, you can measure the revenue that you earn from it but cannot measure the innovation done.

Example:

When you find new abilities in yourself to accomplish your objective.

You can perceive your self however but can't measure the advancement which you find in yourself.

Please give thumbsup, if this answer helps you. Thank You.