Novelty: Something new
Creation: Something new and valuable
Invention: Something new, having potential value through utility
Innovation: Something new and uniquely useful
source:
http://www.forbes.com/sites/timworstall/2014/04/20/using-apples-iphone-to-explain-the-difference-between-invention-and-innovation/
INVENTION VS. INNOVATION: THE DIFFERENCE
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.
Consider the microprocessor. Someone invented the microprocessor. But by itself, the microprocessor was nothing more than another piece on the circuit board. It's what was done with that piece -- the hundreds of thousands of products, processes and services that evolved from the invention of the microprocessor -- that required innovation.
http://www.huffingtonpost.com/tom-grasty/technological-inventions-and-innovation_b_1397085.html
An example: for years was improved optical photo cameras ... until digital photography appeared.
I think they call disruptive thinking, "think against the box"
In Mobile industry:
Invention is like mobile creating but Innovation is developing different mobile applications.
In biological sciences:
Creating a laboratory assay protocol is invention but improving this protocol to find better and faster results is innovation
AND ...
To understand clearly the difference between innovation and invention let first try to define both concepts
Innovation is the act of starting something for the first time, this means introducing something new. In other words, innovation can be defined as something original and new that breaks into the market or into society or something original, new, and important - in whatever field - that breaks in to (or obtains a foothold in) a market or society.
Innovation is the application of new solutions that meet new requirements, inarticulate needs, or existing market needs. This is accomplished through more effective products, processes, services, technologies, or ideas that are readily available in markets, governments and society.
Innovation differs from improvement in that innovation refers to the notion of doing something different rather than doing the same thing better.
While something novel is often described as an innovation, in economics, management science and other fields of practice and analysis it is generally considered a process that brings together various novel ideas in a way that they have an impact on society.
An invention is a unique or novel device, method, composition or process. It may be an improvement upon a machine or product, or a new process for creating an object or a result. An invention that achieves a completely unique function or result may be a radical breakthrough. Such works are novel and not obvious to others skilled in the same field.
Innovation differs from invention in that innovation refers to the use of a better and, as a result, novel idea or method, whereas invention refers more directly to the creation of the idea or method itself.
I would have to say that besides Jorge's comment, I would just add that:
according to Arthur W.B. an invention possesses the quality of "A change in a base principle by which the purpose is achieved". This definition sets it apart from innovation. We must also recognize that there are categories of innovation such as incremental vs. disruptive which have their own characteristic definitions(though there is some disagreement on them).
Arthur, W. B. (2007). The structure of invention. Research Policy, 36(2), 274-287.
Yu, D., & Hang, C. C. (2010). A reflective review of disruptive innovation theory. International Journal of Management Reviews, 12(4), 435-452.
When applications of "Invention" helps individual(s)/society to serve/achieve some useful purposes/benefits, it leads to "Innovation".
Distilled water is produced by distillation and has an electrical conductivity of not more than 11 µS/cm and total dissolved solids of less than 10 mg/litre. Distillation involves boiling the water and then condensing the vapor into a clean container, leaving solid contaminants behind. Distillation produces very pure water. Deionized water is a more economical alternatives used in place of distilled water.
Deionized water/ demineralized water is water that has had its mineral ions removed, such as cations and anions. Deionization is a chemical process that uses specially manufactured ion-exchange resins which exchange hydrogen ion and hydroxide ion for dissolved minerals, which then recombine to form water. Because the majority of water impurities are dissolved salts, deionization produces a high purity water that is generally similar to distilled water, and this process is quick . However, deionization does not significantly remove uncharged organic molecules, viruses or bacteria, except by incidental trapping in the resin. Deionization can be done continuously and inexpensively using electrodeionization.
I would say, essentially, there is little difference. An invention is frequently associated with filing intellectual property (I.e., provisional patent). Innovative people create inventions that are (frequently) patentable. Assume that to be innovative or inventive is to be a creative being that contributes useful ideas.
Innovation is particularly introduction of new idea,theme or things,while invention is more subjected to creating or inception of all together new entity.
innovation is subjected to particular field,while invention may create a new,different field.
An invention is something new that was not present untill a particular time, like we had Thomas Edison who gave us the electric bulb, and an innovation is the refinement to an already invented thing
The difference between innovation and invention is that invention involves the creation of new things from new ideas while innovation is the introduction of new concepts to improve that which already exists. Inventions in this case may be patented unlike innovations which are meant to be used by the public to improve existing ideas. Invention is concerned with a specific product while innovation addresses a wide range of concern seeking to better them.
Invention is the creation of new thing while innovation is adding something unique to the existing knowledge as has been not done earlier in any way ....
Novelty: Something new
Creation: Something new and valuable
Invention: Something new, having potential value through utility
Innovation: Something new and uniquely useful
source:
http://www.forbes.com/sites/timworstall/2014/04/20/using-apples-iphone-to-explain-the-difference-between-invention-and-innovation/
INVENTION VS. INNOVATION: THE DIFFERENCE
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.
Consider the microprocessor. Someone invented the microprocessor. But by itself, the microprocessor was nothing more than another piece on the circuit board. It's what was done with that piece -- the hundreds of thousands of products, processes and services that evolved from the invention of the microprocessor -- that required innovation.
http://www.huffingtonpost.com/tom-grasty/technological-inventions-and-innovation_b_1397085.html
Innovation usually introduces the new concepts with new ideas to improve or to change the existing product or process. Innovative concepts and ideas leads to create something to new and value added, while invention involves with completion of the process of creating value added product to be patented as an intellectual property. It as the transformation process from supply chain to value chain.
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