What are three reasons why innovation is important

Innovation means using new technology and using new ways of thinking to add value to an existing idea or product and to make substantial changes in society.

“The best way to foresee the future is to create it”, which is the best explanation of the importance of innovation.

In this article, we will track back to innovation itself, in order to answer why we need innovation and its importance. At a macro level, we will examine what innovation brings to our society. And at a micro level, what does it bring to organizations.

Macro: What does innovation bring to society？

Over the past decades, innovation has become the most fundamental way to combat critical risks and threats.

It has also brought significant changes and improvements to the society we live in, and is important to the advancement of society as it solves problems and enhances society's capacity to act.

Scientific and technological innovation is the source of the development of the society as a whole. History has shown that scientific and technological innovations are the engines of modernization and one of the most

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