what is innovation and how is it different from invention and creation,”Invention or creativity – the generation of a novel AND useful ideaInnovation – the act of implementing novel and useful ideas into value-creating new products, new services, or new processes How Innovation Happens – combine creative ideas with resources and competencies to create a useful, value-creating new product, new service

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what is innovation and how is it different from invention and creation,”Invention or creativity – the generation of a novel AND useful ideaInnovation – the act of implementing novel and useful ideas into value-creating new products, new services, or new processes How Innovation Happens – combine creative ideas with resources and competencies to create a useful, value-creating new product, new service

or new process – and then successfully COMMERCIALIZE it!”