The education system is witnessing a change from traditional talk and chalk method to newly invented concepts and culture. There are forces which shape the educational innovation; competition and options necessarily leading to innovations in the education system. This paper tries to outline the different types of innovations that could be made to education sector to make it more competitive and the challenges or hurdles that exist restrict to innovations. To make the education system a sustainable entity it needs to focus on areas which can add value to society. Innovation in the educational field represents the ideas changing the traditional culture into new and creative ones. This step has been taken in order to offer a large platform for academic and experts discussions to create knowledge and exchange of ideas.