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The use of the term "innovation" has altered significantly over the last 200 years. Prior to the 20th century, the term was uncommon in English, and it was used either to describe the description or study of the helpful arts or to point to technical education, as in the Massachusetts Institute of Innovation (chartered in 1861). The term "innovation" increased to prominence in the 20th century in connection with the 2nd Industrial Transformation. The term's meanings altered in the early 20th century when American social researchers, starting with Thorstein Veblen, equated concepts from the German idea of into "technology." In German and other European languages, a difference exists in between technik and technologie that is absent in English, which typically equates both terms as "innovation." By the 1930s, "technology" referred not only to the research study of the industrial arts however to the industrial arts themselves.

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Researchers and engineers normally choose to specify technology as used science, rather than as the important things that individuals make and use. More just recently, scholars have obtained from European theorists of "strategy" to extend the meaning of innovation to different kinds of critical reason, as in Foucault's deal with technologies of the self (techniques de soi). Dictionaries and scholars have used a variety of meanings. The deals a meaning of the term: "using science in market, engineering, etc., to develop beneficial things or to solve problems" and "a maker, tool, method, etc., that is produced by innovation." Ursula Franklin, in her 1989 "Genuine World of Technology" lecture, provided another meaning of the principle; it is "practice, the method we do things around here." The term is often utilized to suggest a particular field of technology, or to describe high innovation or simply consumer electronic devices, rather than innovation as a whole.