Abstract
The paper review introduction about the change management and innovation in general, then an overview of a
selected definitions for innovation and change management from the point of view of some researchers. For the
benefits of the readers the researcher prepared and tabulated these definitions into two tables, table (1) for
change management definitions & table (2) for innovation definitions.Also there is a question arises that; is the
innovation risky? Many researchers argued that yes it is risky but there is a large return on investment. Others
say that "you can’t innovate and grow unless you’re willing to take risks".The paper also discussed the
relationship between innovation and culture of the firm, Research has shown that a strong corporate culture can
give a company a powerful advantage over its competitors; others say that; In order for innovative efforts to
succeed, the firm’s culture should be supportive of innovation.Then the relationship between incentives and
innovation where found that there are a strong relationship between them as some authors say that a company
needs to provide staff with an incentive to innovate. With no reward, there is no good reason for employees to
suggest or try new ideas. Table (3) shows some change kinds that lead to innovations.Finally, a list of the top 20
countries of the world for innovation, as ranked by the Global Innovation Index (by overall score) in table(4),
then in table(5) a list of some Arab countries according to their rank and their efficiency ratio out of 1.
Keywords: Change, Change Management, Innovation
