As China, India and other emerging countries rise, more and more innovation began to emerge from emerging markets. At the same time, academia also has various innovative terms to describe innovation from emerging markets. Based on the innovation terms commonly used in the field of management innovation (innovation, innovation, innovation, frugal Jugaad disruptive innovation, innovation, innovation and Gandhi catalytic grassroots innovation etc.) to conduct a comprehensive review at the same time, the construction of innovative concept frame. The framework includes three core dimensions: complexity, sustainability and emerging market orientation. In this paper, we use the dimension feature as the visual angle to carry on the characteristic analogy and the type distinction to each innovation term, and excavate the related development trend and explore the practice application of each innovation type in the Chinese innovation environment. This paper also provides theoretical and practical reference for Chinese enterprises to innovate various models while enriching innovation theory.