innovation

(noun) a creation (a new device or process) resulting from study and experimentation. Synonyms: invention.

(noun) the creation of something in the mind. Synonyms: invention, excogitation, conception, design.

(noun) the act of starting something for the first time; introducing something new. Synonyms: initiation, founding, foundation, institution, origination, creation, introduction, instauration. Examples: "She looked forward to her initiation as an adult." "The foundation of a new scientific society."