Global studies & innovation

Global studies is the interdisciplinary study of political, economic, legal, ecological and cultural interconnectedness. Predominant subjects are politics, economics and law on an international level. Global studies is oriented around the study of globalization as it relates to intercontinental politics, the global economy, international law, market relations, the movement of people and resources, global communications, the effect of human activity on the environment, and many more topics. Global studies is often used to map global change and is both micro and macro in scope. The Cambridge English Dictionary defines global studies as "the study of political, economic, and social situations in the world".

Innovation can be defined simply as a "new idea, device or method". However, innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs. Such innovation takes place through the provision of more-effective products, processes, services, technologies, or business models that are made available to markets, governments and society. The term "innovation" can be defined as something original and more effective and, as a consequence, new, that "breaks into" the market or society. Innovation is related to, but not the same as, invention, as innovation is more apt to involve the practical implementation of an invention (i.e. new/improved ability) to make a meaningful impact in the market or society, and not all innovations require an invention. Innovation often manifests itself via the engineering process, when the problem being solved is of a technical or scientific nature. The opposite of innovation is exnovation.