Difference Between Invention and Innovation
Some of us acknowledge English indeed is a funny language. While analogous sounding terms tend to have a separate meaning; there are some words which we had taken for granted as having the same sense. We had been using these words in our daily conversation; articles as well as research papers; and various other areas of industry. We know that any misused words can have an adverse impact and the other person may have an adverse feeling about us. We should always be careful about whatever we say and whatever we write.
So, is there a difference between innovation and invention? This has been quite intriguing for few of the people. At a same time, most of us try to say they mean the same, what remains is a small difference between invention and innovation. In this article, we will take you through the difference between invention and innovation.
Definition of Innovation
As we try to find out what is the difference between an innovation and an invention, let us find out regarding innovation. Innovating means there was an idea that has been moulded into a real product. So, we can say that anyone has invented a new merchandise and innovating it would mean changing it into anything that sells like hot cakes and is popular amongst customers. An able example would be smartphones which are quite popular amongst clients.
It will improve tremendous worth to any creation such that it will be able to gather the accolades from the clients. It will be loved by them. Anyone needs to have proper marketing skills to be able to propagate the innovations. There has to be a proper strategy which goes into propagating the produce in the market place.
Definition of Invention
We have covered one of the words regarding what is the difference between an invention and an innovation. So, now we must see what is an invention. It means anything new has been created which varies from any object which has been present before. It required great brains to create any such item. The person also has to ensure the knowledge is fully new and his own. It is understandable inventions are hard to make but it does require anyone to have the correct thoughts in place to build anything which is new.
Some of the normal items we see around us have been the result of the tiresome work by great scientists. Minus these inventions, it would have been difficult to lead our normal lives. Taking a patent ensures the IP stays with the owner. It requires the creation to be of great value.
So, we have now gone through regarding what is the difference between an invention and innovation.
Invention vs Innovation Comparison Table
Let us now see what is the difference between innovation and invention in a tabular form.
|Basis of Comparison||Innovation||Invention|
|What is the meaning||The deployment of a knowhow in real terms||The method has not been done earlier|
|What it does||Anyone adding value to a knowledge||Anyone is making a new merchandise|
|What are the activities undertaken||Covers research, feedback from consumers, marketing||Only confined to research|
|Type of resource needed||Related to science and technology||More related to marketing|
|What matters most||Mostly a conjugate of a number of ideas||Single idea only|
Conclusion of the Main Difference Between Invention vs Innovation
While these two processes will need a large amount of resources; the key variance is the use of marketing resources for making modern items. To invent a knowhow requires us to have expertise regarding that subject. Moreover, innovation requires the producer to contain multiple inventions within the same produce so as to provide a great unique selling proposition for the consumer market.
In this blog, we have come across what is the difference between invention and innovation. We should be using correct terminologies so that anyone can depict the correct usage of the words we use. We sincerely hope that you would have gained knowhow about these terms. We will look forward to your comments and suggestions.