Invention creates something entirely new, while innovation applies or improves ideas to generate practical value.

The distinction between invention and innovation is often debated, but here are some quotes that highlight the differences:

“Innovation dishtinguishes between a leader and a follower.” — Steve Jobs

“Genius is one percent inspiration and ninety nine percent perspiration.” — Thomas Edison

“Coming together is a beginning; keeping together is progress; working together is success.” — Henry Ford

“Invention is the root of innovation. Innovation is the major force for change in the future.” — Peter Drucker

“Failure is often seen as villain in the story of inn ...