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Innovation refers to the launch of a new or significantly improved product or service or the introduction of a new business process. The aim of innovation is to create value and gain a competitive advantage, which will benefit the enterprise’s development and increase productivity, simultaneously contributing to economic growth. Product or process innovation can involve the application of new technological solutions, a new combination of existing technologies or the application of the knowledge available to the enterprise. However, innovation may not always result in the launch of a new

The focus of the global goal “Industry, Innovation and Infrastructure” is infrastructure development, industrialisation and innovation, which are three important pillars of economic growth. If action in these areas is resilient, inclusive and sustainable, economic growth will support sustainable development. The 2030 Agenda targets include increasing the share of industry in employment and GDP; this indicator should double in the least developed countries. The agenda lays down improving access to financial services, raising efficiency in environmentally sound use of natural resources