Invention refers to the creation of a completely new idea or product that hasn’t existed before. Innovation, on the other hand, is about improving existing ideas, systems, or products to create new value or solve a problem more effectively.
Absolutely. Innovation isn’t limited to scientists, engineers, or tech experts. Anyone with a creative mindset, problem-solving ability, and willingness to challenge the status quo can be an innovator.
Innovation helps businesses stay competitive, respond to market changes, attract customers, and drive growth. Without it, companies risk becoming obsolete in today’s fast-changing environment.
Protecting your idea typically involves securing intellectual property rights, such as patents, trademarks, or copyrights. Consulting with professionals or services like InventHelp can guide you through this process.
Technology, healthcare, finance, education, and environmental sectors are among the most influenced by innovation. However, virtually every industry benefits from and is reshaped by innovative practices.