Innovation in the context of "New Jersey"

⭐ In the context of New Jersey, innovation is considered to have been significantly spurred by which combination of factors?

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⭐ Core Definition: Innovation

Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed entity, realizing or redistributing value". Others have different definitions; a common element in the definitions is a focus on newness, improvement, and spread of ideas or technologies.

Innovation often takes place through the development of more-effective products, processes, services, technologies, art worksor business models that innovators make available to markets, governments and society.

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πŸ‘‰ Innovation in the context of New Jersey

New Jersey is a state located in both the Mid-Atlantic and Northeastern regions of the United States. Located at the geographic hub of the heavily urbanized Northeast megalopolis, it is bordered to the northwest, north, and northeast by New York State; on its east, southeast, and south by the Atlantic Ocean; on its west by the Delaware River and Pennsylvania; and on its southwest by Delaware Bay and Delaware. At 7,354 square miles (19,050Β km), New Jersey is the fifth-smallest state in land area. According to a 2024 U.S. Census Bureau estimate, it is the 11th-most populous state, with over 9.5 million residents, its highest estimated count ever. The state capital is Trenton, and the state's most populous city is Newark. New Jersey is the only U.S. state in which every county is deemed urban by the U.S. Census Bureau. It is the most densely populated U.S. state.

New Jersey was first inhabited by Paleo-Indians as early as 13,000 BC. The Lenape were the dominant Indigenous group when Europeans arrived in the early 17th century, and they were subdivided into dialectal groups such as the Munsee, in the north, and the Unami and the Unalachtigo, elsewhere. Dutch and Swedish colonists founded the first European settlements in the state, with the British later seizing control of the region and establishing the Province of New Jersey, named after Jersey. The colony's fertile lands and relative religious tolerance drew a large and diverse population. New Jersey was among the Thirteen Colonies that supported the American Revolution, hosting several pivotal battles and military commands in the American Revolutionary War earning the title, "Crossroads of the American Revolution." New Jersey remained in the Union during the American Civil War and provided troops, resources, and military leaders in support of the Union Army. After the war, the state emerged as a major manufacturing center and a leading destination for immigrants, helping drive the Industrial Revolution in the U.S. New Jersey was the site of many industrial, technological, and commercial innovations. Many prominent Americans associated with New Jersey have proven influential nationally and globally, including in academia, advocacy, business, entertainment, government, military, non-profit leadership, and other fields.

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In this Dossier

Innovation in the context of Civilization

A civilization (also spelled civilisation in British English) is any complex society characterized by the development of the state, social stratification, urbanization, and symbolic systems of communication beyond signed or spoken languages (namely, writing systems).

Civilizations are organized around densely populated settlements, divided into more or less rigid hierarchical social classes of division of labour, often with a ruling elite and subordinate urban and rural populations, which engage in intensive agriculture, mining, small-scale manufacture and trade. Civilization concentrates power, extending human control over the rest of nature, including over other human beings. Civilizations are characterized by elaborate agriculture, architecture, infrastructure, technological advancement, currency, taxation, regulation, and specialization of labour.

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Innovation in the context of Industrial Revolution

The Industrial Revolution, sometimes divided into the First Industrial Revolution and Second Industrial Revolution, was a transitional period of the global economy toward more widespread, efficient and stable manufacturing processes, succeeding the Second Agricultural Revolution. Beginning in Great Britain around 1760, the Industrial Revolution had spread to continental Europe and the United States by about 1840. This transition included going from hand production methods to machines; new chemical manufacturing and iron production processes; the increasing use of water power and steam power; the development of machine tools; and rise of the mechanised factory system. Output greatly increased, and the result was an unprecedented rise in population and population growth. The textile industry was the first to use modern production methods, and textiles became the dominant industry in terms of employment, value of output, and capital invested.

Many technological and architectural innovations were British. By the mid-18th century, Britain was the leading commercial nation, controlled a global trading empire with colonies in North America and the Caribbean, and had military and political hegemony on the Indian subcontinent. The development of trade and rise of business were among the major causes of the Industrial Revolution. Developments in law facilitated the revolution, such as courts ruling in favour of property rights. An entrepreneurial spirit and consumer revolution helped drive industrialisation.

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Innovation in the context of Human intelligence

Human intelligence is the intellectual capability of humans, which is marked by complex cognitive feats and high levels of motivation and self-awareness. Using their intelligence, humans are able to learn, form concepts, understand, and apply logic and reason. Human intelligence is also thought to encompass their capacities to recognize patterns, plan, innovate, solve problems, make decisions, retain information, and use language to communicate.

There are conflicting ideas about how intelligence should be conceptualized and measured. In psychometrics, human intelligence is commonly assessed by intelligence quotient (IQ) tests, although the validity of these tests is disputed. Several subcategories of intelligence, such as emotional intelligence and social intelligence, have been proposed, and there remains significant debate as to whether these represent distinct forms of intelligence.

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Innovation in the context of Idea

In philosophy and in common usage, an idea (from the Greek word: ἰδέα (idea), meaning 'a form, or a pattern') is the result of thought. Also in philosophy, ideas can also be mental representational images of some object. Many philosophers have considered ideas to be a fundamental ontological category of being. The capacity to create and understand the meaning of ideas is considered to be an essential and defining feature of human beings.

An idea arises in a reflexive, spontaneous manner, even without thinking or serious reflection, for example, when we talk about the idea of a person or a place. A new or an original idea can often lead to innovation. Our actions are based upon beliefs, beliefs are patterns or organized sets of ideas.

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Innovation in the context of Graphic design

Graphic design is a profession, academic discipline and applied art that involves creating visual communications intended to transmit specific messages to social groups, with specific objectives. Graphic design is an interdisciplinary branch of design and of the fine arts. Its practice involves creativity, innovation and lateral thinking using manual or digital tools, where it is usual to use text and graphics to communicate visually.

The role of the graphic designer in the communication process is that of the encoder or interpreter of the message. They work on the interpretation, ordering, and presentation of visual messages. In its nature, design pieces can be philosophical, aesthetic, emotional and political. Usually, graphic design uses the aesthetics of typography and the compositional arrangement of the text, ornamentation, and imagery to convey ideas, feelings, and attitudes beyond what language alone expresses. The design work can be based on a customer's demand, a demand that ends up being established linguistically, either orally or in writing, that is, that graphic design transforms a linguistic message into a graphic manifestation.

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Innovation in the context of Knowledge economy

The knowledge economy, or knowledge-based economy, is an economic system in which the production of goods and services is based principally on knowledge-intensive activities that contribute to advancement in technical and scientific innovation. The key element of value is the greater dependence on human capital and intellectual property as the source of innovative ideas, information, and practices. Organisations are required to capitalise on this "knowledge" in their production to stimulate and deepen the business development process. There is less reliance on physical input and natural resources. A knowledge-based economy relies on the crucial role of intangible assets within the organisations' settings in facilitating modern economic growth.

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Innovation in the context of Capitalism

Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by a number of basic constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth. Capitalist economies tend to experience business cycles of economic growth followed by recessions.

Economists, historians, political economists, and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include laissez-faire or free-market capitalism, state capitalism, and welfare capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition, and state-sanctioned social policies. The degree of competition in markets and the role of intervention and regulation, as well as the scope of state ownership, vary across different models of capitalism. The extent to which different markets are free and the rules defining private property are matters of politics and policy. Most of the existing capitalist economies are mixed economies that combine elements of free markets with state intervention and in some cases economic planning.

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