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The Innovation Show cover image

Pivot to the Future with Paul Nunes Part 6

The Innovation Show

NOTE

The Importance of Distinguishing Between Invention and Innovation

Innovation is the application of invention, and it is crucial to distinguish between the two. While innovation is about the profitable application of technology, invention is about creating new technology. It is easier to accelerate innovation, but accelerating invention is much more difficult. Companies should separate and understand the differences between invention and innovation to effectively strategize for the future.

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