Business Innovation

verb to establish or set up (an institution or organization) on a particular basis or principle

• The principles of democracy are founded on the idea of equality and individual rights.
• This company was founded on the passion of two friends who wanted to make a difference.
• Our friendship is founded on trust and loyalty.
• The success of the project was founded on strong teamwork and dedication.

noun the act of creating something new or original

• The invention of the printing press revolutionized the way information was shared.
• I heard that the new invention is going to make life so much easier.
• Dude, that invention is gonna be a game-changer!
• His invention of a new dance move took the party to a whole new level.

noun a person who makes slow progress and falls behind others

adjective sluggish or slow in movement or progress

• The laggard in the group struggled to keep up with the rest of the team.
• Don't be a laggard and finish your work on time.
• That guy is such a laggard, always falling behind everyone else.
• The company's outdated technology made it a laggard in the industry.

noun a person who supports or belongs to a left-wing political party or group

• The left winger made a precise pass to his teammate in front of the goal.
• Did you see that left winger's amazing goal in the last game?
• That left winger is a beast on the field, nobody can stop him!
• In the political arena, the left winger's policies are often seen as progressive and forward-thinking.

noun the quality or state of being new; freshness; novelty

• The newness of the technology will revolutionize the industry.
• I love the newness of this cafe, it's so refreshing.
• Check out the newness of these kicks, they're fire!
• The newness of the relationship brought excitement and joy to both partners.

noun a style, idea, or method that is no longer new or interesting

adjective outdated or no longer fashionable

• The traditional methods of data analysis are considered old hat in today's fast-paced technological landscape.
• Using a flip phone is so old hat nowadays, everyone has smartphones.
• Wearing bell-bottom jeans is totally old hat, you need to get with the times.
• His ideas on leadership are old hat, we need fresh perspectives for the future.

noun a portmanteau of 'producer' and 'consumer'

• The prosumer is a key player in the modern economy, producing and consuming goods and services.
• My friend is a prosumer - always making things and buying things online.
• I consider myself a prosumer, always on the lookout for the latest gadgets and trends.
• In the digital age, we have all become prosumers, constantly creating and consuming content online.

noun a man who specializes in generating creative concepts or solutions

• The idea man presented a comprehensive plan for the new project during the meeting.
• John is known as the idea man in our group because he always comes up with creative solutions.
• Check out the idea man over there, always thinking of new ways to do things.
• She's the idea man behind the scenes, constantly brainstorming and innovating.

noun a word that refers to a person, place, thing, event, substance, or quality

adjective a word that describes or modifies a noun or pronoun

article a word that is used to specify a noun

• The digital economy is reshaping the way businesses operate and interact with consumers.
• Everyone's talking about how the digital economy is changing everything around us.
• The digital economy is where all the cool stuff happens online.
• In the landscape of modern commerce, the digital economy stands as a towering skyscraper among traditional storefronts.

noun a thought or concept proposed for consideration

verb to suggest or propose an idea for consideration

• During the meeting, I decided to float an idea for a new marketing strategy.
• Hey, do you mind if I float an idea for our next project?
• I'm thinking of floating an idea for a fun team-building activity.
• Sometimes it's good to float an idea out there and see how people react.