The principal difference between invention and innovation is:
A)Invention requires an inventor,innovation requires no individual person
B)You must innovate before you invent
C)Invention is the creation of a new device or process,innovation is its commercialization
D)An invention can be patented and hence earn royalties.

Question

Quizplus · Accepted Answer

Invention is the act of creating a new device or process, while innovation is the process of bringing that invention to market and commercializing it. Innovation involves taking an invention and making it useful or practical for customers. Therefore, option C is the correct answer. Option A is incorrect because both invention and innovation require individual people, whether it's the inventor or the innovator. Option B is incorrect because it is not necessary to innovate before inventing. Finally, option D is also incorrect because inventing and patenting are separate processes, and not all inventions can be patented.

The Principal Difference Between Invention and Innovation Is