Technical innovation management
Introduction
Innovation is a process that introduces new features and refers to modifying existing elements in order to improve them, although it is also possible in the implementation of totally new elements.
In the strict sense, on the other hand, it is said that ideas can only be innovative after they are implemented as new products, services, or procedures that really find a successful application, imposing themselves in the market through diffusion "Diffusion (business)").[1].
There is a form of innovation consisting of improving business management with new procedures, use of technology, automation, improving quality, defining new ways of satisfying the customer, these are just some ideas of what innovation can be and achieve and helps companies grow and be more competitive.[2].
In economics, Joseph Schumpeter was the one who introduced this concept in his "theory of innovations",[3] in which he defines it as the establishment of a new production function. The economy and society change when the factors of production are combined in a new way. It suggests that inventions and innovations are the key to economic growth, and those who implement that change in a practical way are entrepreneurs. Innovation is a key factor for the business development and economic growth of countries, with those that invest the most in research and innovation being the ones that achieve the most wealth. In this sense, the Dictionary of the Spanish Language defines innovation as the "creation or modification" of a product, and its introduction into a market."[4].
The concept of innovation is also used in the human sciences and culture. The search through research for new knowledge, solutions or paths to solutions, involves curiosity and pleasure in renewal. The concepts of avant-garde and creativity become relevant in this context.
Generalities
From a historical point of view, there have been periods in which new developments appear in waves. Apparently, this would be because certain social conditions favor the emergence of innovations ("necessity brings ingenuity"). The term innovation refers to that change that introduces one or more novelties. When someone innovates, they apply new ideas, products, concepts, services and practices to a specific issue, activity or business, with the intention of being useful for increasing productivity. An essential condition of innovation is its successful application at a certain commercial or utilitarian level. It is not only worth inventing something or innovating in something, but it must also be introduced satisfactorily and with repercussions in the market and society, for its dissemination and application.