Organization for Economic Co-operation and Development (OECD) Defined innovation as the "production or adoption, assimilation, and exploitation of a value-added novelty in economic and social spheres; renewal and enlargement of products, services, and markets; development of new methods of production; and establishment of new management systems. It is both a process and an outcome."
Innovation is generally considered to be the result of a process that brings together various novel ideas in such a way that they affect society. It is the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.
The Transnational Trade and Commerce Centre (TTCC) aspires to help facilitate connections among key stakeholders, networking with peers and access to potential Business Partners, Investors and great opportunities thereby engineering a conducive atmosphere for the pursuit of commerce, industry and all other forms of economic activities including innovation which will consequently boost the growth and development of Public/Private Enterprise.
This means that Transnational Trade and Commerce Centre TTCC not only endorses but supports innovation in every sense of the word.
Find out more on Transnational Trade and Commerce Centre at bitexpo.org; follow us on our twitter handle @realttccworld and like our Facebook page @TheTTCC.
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