Invention vs Innovation. Which is more better ? (150-300 words)
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Answer:
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. ... Innovation flows from invention.
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Explanation:
Invention vs Innovation
To ensure that the world keeps progressing, it is imperative for there to be inventions and innovations in the market. In the absence of these, there would be no new developments and the world would become stationary. When one checks the meaning of the two terms in a dictionary, they have almost the same meaning; however, the truth is that the two terms are actually quite distinct from one another. Invention refers to the creation of new products or services -those that are the first of their kind and have never been created before. On the other hand, innovation essentially refers to the improvements brought about in a product or service that is already present in the market.
It is important to determine the difference between invention and innovation. An analogy that can be used to differentiate the two is a pebble that is thrown in a pool of water. The pebble should be considered as an invention, while the ripple effect created in the water by the pebble is innovation. This article will define invention and innovation in more detail, and discuss the differences between the two.
invention vs innovation We all are aware of the fact that nothing is permanent in this world, neither products nor technology. As day by day, improvements and updations are made in technology, leading to new inventions and innovations in every sphere of life. Invention refers to the creation of a brand new product or device. Conversely, innovation is an act of making changes to the existing product or the process by introducing new ways or ideas.
At first sight, the two terms sound alike, but if you dig deeper, you will find that there is a fine line of difference between invention and innovation that lies in their connotations. While invention is all about creating or designing something, innovation is the process of turning a creative idea into reality.