Innovation!

1. You can write a summary of this week's lecture. What is innovation and how one can innovate.

In recent years, people from all over the world ask for innovation. Differnt fields such as economic, business and engineering put a lot of emphasis on the topic of innovation. However, many people still do not know what innovation really is and why it is necessiary for us to be innovative. After having lecture based on innovations and doing a lot of reading talking about it, i have a further understanding about the topic. Here in my blog, i would like to share what i have learnt to my blog readers.

First of all, we need find out the difference between innovation and invention. Well, in my view,innovantion is the transformation of invention. Any products, technologies or services new can be invention. However, when people improve these things for the public, it becomes innovation. Innovation is a process which introduce some new ideas, methods and devices which leads to improved engineering, technologies, state of mind and organization.

I believed that the future of the businesses depends a lot on their ability to innovate. the reasons why innovation is so important is not difficult to fidure out. For one thing, innovation is essential for business survival. There is intensive competition between companies in today's society and companies struggle to be competitive in the market. Those with much innovation will know more about what the customer's needs are ,which helps them to stand out above the rest. As an consequence, they make more profits and survive. For another, innovation is also the route to economic growth. Industries can be improvered after appying innovative ideas. So the products are becoming more mature. Innovation creates different new businesses and new businesses create new jobs. That's why people always said that innovation is the foundamental source of growth in business and industry.

How one can be innovated? There are several ways to achieve this. First and foremost, we should not be satisfied with the old system. The old culture are often the barriers to innovation. What we need to do is to think more about their room for improvement but not only focusing on the advantages of practicing old system. Second, develop a habit to think creatively is an essential for one to be innovated. Association is a good way to stimulate creative thinking. Third, action is needed when we want to put our innovative ideas into practice. Don't be afraid of being failure and find ways to do it better. "Rome was not built in one day." If we put a lot effort and time on something, there must be a day that we can sussess. Be an innovator!