'innovation-led' originates from the combination of 'innovation' and 'led', where 'innovation' comes from Latin 'innovare', meaning 'to renew or change', and 'led' is the past participle of 'lead', meaning 'to guide or direct'.

'innovation' evolved from the Latin word 'innovare', through Old French 'innovacion', and eventually became the modern English word 'innovation'. 'Led' is the past participle of 'lead', which has remained consistent in form since Middle English.

Initially, 'innovation' meant 'the introduction of something new', and 'led' meant 'guided'. Together, they evolved to mean 'driven by new ideas or methods'.