Was Google Glass an invention or an innovation? What about the iPhone or Post-it Notes? I would argue that Google Glass was an invention while the rest of the the things are innovations. Innovation is consistently ranked as one of the top priorities for business executives around the world, especially as the world of work continues to change at an increasingly rapid pace. The difference between invention and innovation is subtle yet important. Invention creates an ability but innovation takes that ability and allows it to scale and create some kind of a market impact. I’ve explored the importance of creating innovation ecosystems a few ago in a series called, The Innovation Ecosystem For The Future of Work. In the latest episode of the #futurein5 I share more about the difference between invention and innovation and would love to hear your thoughts on this topic as well!
