in·no·va·tion

[in-uh-vey-shuhn]
noun
1.
something new or different introduced: numerous innovations in the high-school curriculum.
2.
the act of innovating; introduction of new things or methods.

Origin:
1540–50; < Late Latin innovātiōn- (stem of innovātiō). See innovate, -ion

in·no·va·tion·al, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Collins
World English Dictionary
innovation (ˌɪnəˈveɪʃən) [Click for IPA pronunciation guide]
 
n
1.  something newly introduced, such as a new method or device
2.  the act of innovating
 
inno'vational
 
adj
 
inno'vationist
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Innovation is always a great word to know.
So is lollapalooza. Does it mean:
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
a chattering or flighty, light-headed person.
Etymonline
Word Origin & History

innovation
1540s, from L. innovationem, noun of action from innovare (see innovate).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
The rapidly shifting landscape makes it tough to keep up with change and
  innovation, let alone stay ahead of the curve.
It seems that climate change is not only a driver of evolutionary innovation,
  of evolutionary adaptations.
When people want to change, they usually turn first to the strategy of
  innovation.
Energy needs bring about innovation of using physics to generate power.
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