Innovation is a catch-all term for many different types of innovation. This includes disruptive innovation, breakthrough innovation, and traditional research. Understanding these different kinds of innovation can help you think about how your organization can use innovation to pivot in the future.

The term innovation has become somewhat of a buzzword in global business. It is used to describe new ways of thinking, technological advancements, and scientific discoveries. There are countless, varying, and often vague definitions for the word innovation on the web today.