Definition: The term "micro-innovations" refers to a group of technologies, processes, or products that are small in size, have a short lifespan, and are often used for everyday purposes such as smartphones, smart thermostats, or household appliances. These innovations may be made by individuals or organizations working together to develop new solutions. Micro-innovations can come in many forms, such as "nano-innovation," which refers to a small technology that is so tiny that it is difficult to detect using conventional imaging techniques. Other examples of micro-innovations include "nano-technology" and "nano-sensor." These technologies are typically used for everyday applications and do not require large amounts of space or power. Micro-innovations have the potential to make a significant impact on our daily lives in numerous ways, from enhancing productivity through smart devices that can automate repetitive tasks to improving healthcare by developing new medical technologies. However, they also come with challenges such as regulatory concerns and ethical considerations.
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