Posts tagged with "Invention"

Innovation vs Invention by keynote speaker Deborah Perry Piscione

Invention vs. Innovation: What Drives True Disruption?

by Deborah Perry Piscione

Innovation has always been defined quite differently from invention. It used to be that innovation was “the introduction of something new; a new idea, method or device; a novelty.” In a more modern and revised definition, innovation is “the creation of better or more effective products, processes, services, technologies or ideas that are readily available to markets, governments, and society.” The definition of innovation has now changed to reflect its differentiation from improvement, in that innovation refers to the notion of doing something differently rather than doing the same thing better. Continue reading