Innovation ≠ Invention - Deepstash

Innovation ≠ Invention

Innovation is making existing things better. It’s taking an existing piece of innovation and improving it.

Invention on the other hand is creating something entirely new. Something which has never existed before.

7

175 reads

CURATED FROM

IDEAS CURATED BY

yugjain

Generalist. Great minds discuss ideas, average minds discuss events, small minds discuss people.

The idea is part of this collection:

How To Give And Receive Constructive Criticism

Learn more about personaldevelopment with this collection

Understanding the importance of constructive criticism

How to receive constructive criticism positively

How to use constructive criticism to improve performance

Related collections

Similar ideas to Innovation ≠ Invention

Invention and innovation

Invention and innovation

  • Invention is the creation of a product or introduction of a process for the first time.
  • Innovation is when someone improves on or makes a significant contribution to an existing product, process or service.

Steve Jobs' iPod is an ...

Innovation for addressing a new demand for a temporary period

Trailblazer: Use existing resources to solve new problems they had never tackled before. 

  • Dyson, a company famous for innovation, saw that the world needed more medical equipment during the pandemic and recognized that it could produce ventilators. 
  •  Dyson deve...

Proprietary technology

Proprietary technology

Proprietary technology is a great advantage on which you can build a monopoly business because it makes it difficult for other companies to replicate your product.

However, for proprietary technology to offer an advantage, it needs to be 10x better than existing sol...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates