Article | REF: AG2231 V1

Innovation - Key concepts

Author: Pierre DEVALAN

Publication date: January 10, 2012, Review date: September 27, 2017

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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 component".

    • Process innovation...

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