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innovation 

A marketing ploy used by organizations that have exhausted all other plausable excuses for introducing ill-conceived products, policies, practices and/or services that will ultimately prove to be counterproductive.
CEO: OMG, this place is a real drag!
Boy Wonder: Gosh, CEO ... let's introduce an innovation!
CEO: Shit! Why didn't I think of that? Where should we start?
Boy Wonder: Gee, I guess we should do a Google search ...
innovation by Aunty Yo's Sister March 17, 2005
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Innoventive

A word that means both ‘inventive’ and ‘innovative’ at the same time.
Woah! This new recipe is so innoventive!”

Alliance Academy for Innovation 

A school where you don’t tell people you go to. Your mascots are the avengers. The administration targets colored students and kicks you out for the dumbest shit. You absolutely do not want to go to this school. You’d rather go to hell than here.
“Hey, do you know the Alliance Academy for innovations?”

“I’d rather break my own knee caps and throw myself down a hill then go there.”
Hey, do you know the Alliance Academy for innovations?”

“I’d rather break my own knee caps and throw myself down a hill than go there.”

The Wheel of Innovation 

A fictional wheel that a salesperson allows a customer to spin when the customer feels there has been an injustice, or to sweeten the "deal".
Brad: I cannot get this guy to sign a new agreement. He is mad at us for billing him too much last month, and now he want's something for free.

Ryan: Give him a couple of free spins on the wheel of innovation.

Brad: Great idea Ryan, you're the slickest manager in the midwest.

Unnovative

The opposite of being innovative. Going back to doing things in an old fashioned way or in a way that has not previously brought success, or has brought failure.
Shopper: "I'd like to trade in this iPod touch, please, and exchange it for that Walkman."
Sales Advisor: "So you want to trade in the latest technology for something obsolete? That's unnovative!"
Unnovative by slikrick101 September 1, 2013

innovate 

To steal someone's idea, change it a tiny bit, and release it as your own.
Microsoft likes to innovate.
innovate by JonoBaker February 29, 2008

innovation 

A word used by game developers when they are going to fuck up a game.
Dev: We're going to make the game more innovative and fun!

*later on after release*
Gamer: Dude! WTF THIS GAME SUCKS!

Innovation...how it fails in most new games.
innovation by bluemuffin May 29, 2009