What is the US Mint American Innovation $1 Coin Program?

The United States Mint American Innovation $1 Coin Program is a multi-year series to honor innovation and innovators by issuing $1 coins for each of the 50 states, the District of Columbia and the five U. S. territories – Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, and the Northern Mariana Islands.

What is innovation in business?

There’s much more to the world of innovation, which extends far beyond new products and things you’ll find on a store shelf. If products alone aren’t the full story, what is innovation? In a business context, innovation is the ability to conceive, develop, deliver, and scale new products, services, processes, and business models for customers.

What is innovation if products aren't the full story?

If products alone aren’t the full story, what is innovation? In a business context, innovation is the ability to conceive, develop, deliver, and scale new products, services, processes, and business models for customers. Successful innovation delivers net new growth that is substantial.

Is innovation the same as creativity?

What Is Innovation? Innovation and creativity are often used synonymously. While similar, they're not the same. Using creativity in business is important because it fosters unique ideas. This novelty is a key component of innovation. For an idea to be innovative, it must also be useful.