Invention versus innovation; confusing isn't it?
I am going to give you a clear picture on the difference.
Watch this movie.
What is the difference between invention and innovation?
Thank you for this great question:
Robert Yawe from Nairobi.
It's confusing.
I am going to give you in this movie
a clear picture on what innovation and what invention is.
And ... stay to the end,
because I am going to give you an example of
Virtual reality.
Is that invention or innovation?
What do you think?
For the ones who see me for the first time,
My name is Gijs van Wulfen.
I am a LinkedIn Influencer with 330.000 followers.
on innovation, design thinking and creativity.
My definition of invention is:
creating somethin new.
Invention we associate with
new technology.
we see labs and people in white suits
inventing something ...
We think of people like ...
Edison, or like Tesla, or like
Leonardo da Vinci.
Invention is a solid base for innovation.
But for innovation you need something more.
Innovation is invention plus ...
meaningful impact.
You need to transform
the invention into a new product,
a new service, a new business model or a new experience.
Let's take an example.
Virtual Reality.
What do you think: invention or innovation?
It was invented late 1970s
by MIT and NASA.
And they experimented with it:
in the automobile design sector,
or training for the military,
in the medical sector.
And then, 30 ... 40 years later ....
They made the Virtual Reality head sets,
by Oculus, or Sony or HTC.
And they created a totally new experience,
while you were gaming.
that had impact.
In 2019 7 million head sets have been sold.
In 2023 it will be 30  million headsets.
So ... virtual reality has made... IMPACT.
That's why it's innovation.
So the difference between
innovation and invention
is meaningful IMPACT.
When you're interested in more
definitions of innovation,
please watch this movie: 12 great definitions of innovations.
Now if you like this movie, please do a thumbs up.
And if you want to have more how-to-innovate movies,
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Mij name is Gijs van Wulfen,
I am talking to you from my beautiful island: Crete.
Thank you for watching, keep on innovating, and ...
Stay safe.
