Innovation, according to businessdictionary.com, is: "the process of translating an idea or invention into a good or service that creates value or for which customers will pay. To be called an innovation, an idea must be replicable at an economical cost and must satisfy a specific need. Innovation involves deliberate application of information, imagination and initiative in deriving greater or different values from resources, and includes all processes by which new ideas are generated and converted into useful products. In business, innovation often results when ideas are applied by the company in order to further satisfy the needs and expectations of the customers". In other words, applicability and commercial value are the main requirements.
From a different point of view, there are examples among entrepreneurs as well as government authorities of efficient, profitable and innovative practices that may and must be diffused widely as good practices. A good practice is a tool, a process, an activity or a policy that either was or still is extremely effective and may be adopted easily by others. Good practices are means of balanced and sustainable growth and enhance any externalities that may occur from simultaneous and similar actions. Hence, one main task of all agricultural sector agents, in order to promote collective benefits, is to develop and maintain a culture of innovation and social diffusion.
In this page, you can view examples of innovation and good practices from all over the world.