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Innovation

Innovation means finding ways to improve your products and processes -- nurturing innovation can give your company a killer competitive advantage.

Today's Must Read
bright idea
Filed In: Innovation and Operations
From automobile assembly lines to the first airplane flight, the great innovations of the 1900s can inspire modern inventors. We share some invention tips.
Experts
wearable-technology
Filed In: Innovation and Operations
Wearables haven't had an easy road to adoption. The tech industry has a gender bias which conflicts with studies showing women are first adopters of new technology.
Experts
businessman surprised
Filed In: Technology
Technology can increase productivity, but you must monitor what's working and what's not. Duct Tape Marketing's John Jantsch shares his favorite web tools.
Experts
Calendar
Filed In: Innovation and Operations
So you're ready to tackle 2015 and make it the best year your company has ever seen. Here are 12 things you can do to make this year a great one.
Experts
International-CES
Filed In: Innovation and Operations
As the International CES show wraps up in Las Vegas, Alex Morris presents some of the most exciting new products showcased this year.
Experts
Funny nerd scientist
Filed In: Innovation and Operations
Many people dream of making it big as an inventor, but the industry isn't for everybody. If any of these five traits describe you, it might not be your best career option.
Experts
Falling down business
Filed In: Finance
While much of the country looks back at the Great Recession as a painful memory, Main Street is only now beginning to see the light at the end of the tunnel.
Experts
Han-River-and-Bridge-in-Seoul
Filed In: Innovation and Operations
InventHelp recently traveled to South Korea to attend the Seoul International Invention Fair (SIIP). We share some of the coolest, most innovative gadgets that were on display.
Experts
Composite-image-of-road
Filed In: Innovation and Operations
Michael Evans shares business predictions for 2015, foreseeing changes in the areas of interest rates, energy costs, social media, wearable tech, and more.
Experts
new-price
Arie Shpanya, the CEO of Tech Disrupter Wiser gives us an inside look at how dynamic pricing works for businesses.
Experts
graduation
Filed In: Education and Industries
Successful entrepreneur Devin Schain is taking a fresh approach to improving the U.S. education system through innovation and private-public partnerships.
Experts
man-with-book
Filed In: Staffing & HR
A curious employee is an engaged employee who is more likely to embrace change, challenge the status quo, and forge new learning opportunities.
Experts
gender gap
White men continue to make up the overwhelming majority of the tech workforce; these five organizations are on a mission to bridge the gender gap in tech.
Experts
hipster
We asked six entrepreneurs what unusual bit of information you can add to make your business card stand out and attract more customers.
Experts
Marijuana
Today's tech entrepreneurs want to take pot somewhere it's never been, and they have the skills and resources to do just that.
Experts
mobile-payments
Filed In: Mobility and Technology
More ways to accept payments from customers is a good thing, right? With more and more companies entering the mobile payment game, you've got more options to choose from than ever before.
Experts
3d-printing
Filed In: Innovation and Operations
The face of manufacturing is fundamentally changing in America. TJ McCue shares stories as he travels across the country taking the pulse of 3D printing.
Experts
3D-Printer
Filed In: Sales & Marketing
As 3D printing becomes more viable and affordable, big companies are starting to employ the technology in their marketing campaigns. Are small businesses soon to follow?
Experts
Project-Loon-logo
Filed In: Innovation and Operations
Alex Morris reports on two Google projects: one to bring the Internet to the developing world, the other a technology NASA hopes to put to use ISIS robots.
Experts
3d-abstract
Filed In: Innovation and Operations
Once prohibitively expensive, today 3D printing is becoming cheaper and more accessible. TJ McCue highlights 4 companies that are emerging as major players.
Experts

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Business Glossary

Definitions for: financial innovation
financial innovation

payment system advances altering or modifying the role of banks, and financial institutions in general, as intermediaries between suppliers and users of funds. Technological innovations, such as Electronic Funds Transfer (EFT) payments, replace checks with electronic debits and credits. Risk transferring innovations, such as adjustable-rate mortgage (ARM), transfer credit risk from one party to another. Credit generating innovations, for example, home equity creditlines, give borrowers new ways to use financial assets, increasing the supply of available credit. Equity generating innovations, such as trust preffered stock, give banks a less costly way to raise equity capital than issuing new shares of common stock.

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