Innovation is a term that is overused but not very well understood. In my opinion, you can neither do innovation nor be innovative. But there might be some behavioral company patterns that foster innovative products.
First and foremost, there is a distinction between invention and innovation. Inventions are something new. In addition, innovation is something new which is successful in the market.
On this page I would like to collect a few resources, that shed light into the ideas of innovation.
Andy Bechtolsheim: The Process of Innovation - Stanford Engineering Hero Lecture /2012
Some quotes: The time from invention to innovation… / It is harder to work on innovation in large companies… / It is risky to work on something where the ROI is behind the time horizon / Apple, Google, Amazon's innovation strategy… / Culture of innovation + Attention to Front-end + Avoid the horizon effect + Appropiate risk profile + Focus / All these things have to do with usability and user friendlyness