Innovation projects are initiatives aimed at developing new ideas, products, or processes that improve efficiency or solve problems. These projects often involve research and development, collaboration among teams, and the application of creative thinking. They can take place in various sectors, including technology, healthcare, and education, and are essential for driving progress and competitiveness. Successful innovation projects typically follow a structured approach, including brainstorming, prototyping, and testing. Organizations may use methodologies like Design Thinking or Agile to guide their efforts. By fostering a culture of innovation, companies can adapt to changing market demands and enhance their overall performance.