The Difference Between Invention and Innovation

This is a fantastic distinction to make, all too often highly visible innovations are considered invention because no one noticed what came before it. Some might even argue that no one has ever invented anything, which would probably be wrong, but arguable none the less.

"In its purest sense, "invention" can be defined as the creation of a product or introduction of a process for the first time. "Innovation," on the other hand, occurs if someone improves on or makes a significant contribution to an existing product, process or service."

It is also nice to see the vale lifted on many of the process entrepreneurs are using to develop their ideas, innovation/invention/entrepreneurship has long been the realm of the 'lucky' and 'gifted'. Where there is actually a process of trial and error and tons of hard work.

On a similar note see Remix Everything, a complete video series on how innovation works within the arts.

Read More: http://www.pbs.org/idealab/2012/03/the-difference-between-invention-and-innovation086.html