Based on this article, I found out that people in Australian have their ability and effort by inventing something new.They are sucess to be one of the sucessful country because of their invention.
So,What is invention and innovation?
Invention and Innovation
There is a subtle difference between these two words, but it is an important one for Business Studies students.
- Invention if the formulation of new ideas for products or processes
- Innovation is all about the practical application of new inventions into marketable products or services
Most of us have visions of mad inventors who come up with ideas with no practical use! Like everything else in Business Studies, we are interested in activities that actually help a firm meet its objectives, such as growth, profitability, increased market share or stability – so it is Innovation, rather than Invention, that really counts.
In my opinion,to become a creative person,we need some invisible force such as poor environment ,financial crisis and etc.
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