how different is innovation from invention?
have a glance at the following stories:
- i have invented a new engine which consumes 10 liters of oil and produces 2 horse power
- i have invented a new engine which consumes 0.2 liter of oil and produces 100 horse power
both are inventions and i am an inventor but in which case am i an innovator?
yes innovation must creates value and eliminates existing waste or simply it must render positive change in the existing status of something
yes innovation must creates value and eliminates existing waste or simply it must render positive change in the existing status of something