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"current innovation" is correct and usable in written English.
You can use it to describe something that is currently being innovated, or to refer to something that is seen as an innovative idea at the present moment. For example: "The current innovation in food delivery services is revolutionizing the industry."
Exact(13)
Current innovation will see charitable giving further integrated into lifestyles in order for it to become more convenient and more habitual.
One can speculate that he wanted to reward current innovation and not give tombstone awards to Galileo, Hippocrates, Vesalius and other scientists from centuries past.
But while Dr Dean notes that most current innovation is happening in "social spaces... where people and ideas meet and interact", a wealth of creativity still happens using the standard PC unit, and those creators have taken to the internet to argue vehemently with his assertion.
They should shift 40% to 50% of their current innovation budgets to outside their newly merged companies.
For example, current innovation spaces, which have the purpose of encouraging collaboration and encounters, might not serve the same purpose in the future.
Although academics have reported a myriad of organization designs in the current "innovation era," an overarching trend is that these developments have introduced teams as the core unit in the organizational system.
Similar(47)
So, how can we accelerate the development of current innovations already in the pipeline?
But Mumbai seems to be off the map in terms of implementing current innovations in urban transport policy-making.
In some cases, election officials in need of new equipment have no choice but to buy machines that lack the current innovations and upgrades.
Many current innovations are: using technology differently; more heavily constrained; forcing new business models and increasingly being shaped by drivers.
This chapter reviews the current innovations in the design, construction, and management of high-rise public housing towers in Hong Kong.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com