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What is innovation? Innovation is a process of coming up with new ideas and concepts that can improve the quality of life for individuals or societies. Innovation is important because it allows businesses to keep up with the changing needs of their customers and make new products and services that are better suited to meet those needs. In recent years, innovation has been on the rise as technology increasingly masks the seams between human and machine, between natural and man-made processes, and between traditional industry models and the latest technological innovations....