Invention involves generating new ideas, while innovation involves what?

Innovation involves acting on ideas, transforming them into tangible products, services, or processes that can create value. While invention is the creation of something new, often a novel idea or concept, innovation takes that idea further by implementing it, making it practical and accessible. This could mean developing a new product, improving an existing service, or finding a more efficient process for manufacturing. By taking action on the idea, individuals or organizations can meet market needs, solve problems, and improve overall effectiveness.

The focus of innovation is not just to have an idea but to bring it to life, ensuring it is viable and meets the demands of consumers or other stakeholders. This action-oriented process often includes testing, refining, and launching the idea in a way that results in real-world applications.