Innovation is commonly defined as the “carrying out of new combinations” that include “the introduction of new goods, new methods of production, . the opening of new markets, the conquest of new sources of supply and the carrying out of a new organization of any industry. Innovation is creating new value and/or capturing value in a new way. Value is the key word, stressing the difference between innovation and invention. The definition is simple, easy to memorize and also good enough to encompass innovation in all the value chain. These are quotes relating to innovation from great minds;
Business has only two functions – marketing and innovation- Milan Kundera
Innovation distinguishes between a leader and a follower.-Steve Jobs
The true sign of intelligence is not knowledge but imagination-Albert Einstein
Without change there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable- William Pollard
Every once in a while, a new technology, an old problem, and a big idea turn into an innovation-Dean Kamen
There is no innovation and creativity without failure- Brene Brown
Without tradition, art is a flock of sheep without a shepherd. Without innovation, it is a corpse-Winston Churchill
For good ideas and true innovation, you need human interaction, conflict, argument, debate-Margaret Heffernan
Changes call for innovation, and innovation leads to progress-Li Keqiang
There are different ways to do innovation. You can plant a lot of seeds, not be committed to any particular one of them, but just see what grows. And this really isn’t how we’ve approached this. We go mission-first, then focus on the pieces we need and go deep on them and be committed to them-Mark Zuckerberg
The only way you survive is you continuously transform into something else. It’s this idea of continuous transformation that makes you an innovation company-Ginni Rometty
You can expect no influence if you are not susceptible to influence.- Carl Jung
If you have always done it that way, it is probably wrong-Charles Kettering
There is only one thing stronger than all the armies of the world: and that is an idea whose time has come.-Victor Hugo
Ideas are like rabbits. You get a couple and learn how to handle them, and pretty soon you have a dozen-John Steinbeck
There’s no good idea that cannot be improved on-Michael Eisner
What is now proved was once only imagined-William Blake
Collaboration is important not just because it’s a better way to learn. The spirit of collaboration is penetrating every institution and all of our lives. So learning to collaborate is part of equipping yourself for effectiveness, problem solving, innovation and life-long learning in an ever-changing networked economy-Don Tapscott
If you look at history, innovation doesn’t come just from giving people incentives; it comes from creating environments where their ideas can connect-Steven Johnson
Once you have an innovation culture, even those who are not scientists or engineers – poets, actors, journalists – they, as communities, embrace the meaning of what it is to be scientifically literate. They embrace the concept of an innovation culture. They vote in ways that promote it. They don’t fight science and they don’t fight technology.-Neil deGrasse Tyson
The five essential entrepreneurial skills for success: Concentration, Discrimination, Organization, Innovation and Communication-Harold S. Geneen
Ultimately, progress and innovation win-Travis Kalanick
Most people have a very strong sense of organizational ownership, but I think what people have to own is an innovation agenda, and everything is shared in terms of the implementation-Satya Nadella
New ideas for innovation grow out of the minds of each new generation. Having an institution of higher learning that can help young people put those ideas into action is critical-Jay Samit
A dream will not become an innovation if there is no realization.-Ciputra
Innovation is the calling card of the future-Anna Eshoo
A pile of rocks ceases to be a rock pile when somebody contemplates it with the idea of a cathedral in mind. —Antoine de Saint-Exupéry
Ideas won’t keep. Something must be done about them.—Alfred North Whitehead
Money never starts an idea; it is the idea that starts the money.—William J. Cameron
If you do not express your own original ideas, if you do not listen to your own being, you will have betrayed yourself. —Rollo May
Creativity is thinking up new things. Innovation is doing new things. —Theodore Levitt
The true sign of intelligence is not knowledge but imagination. —Albert Einstein
Imagination is not only the uniquely human capacity to envision that which is not, and therefore the fount of all invention and innovation, in its arguably most transformative and revelatory capacity, it is the power that enables us to empathize with humans whose experiences we have never shared.—J. K. Rowling
It’s easy to come up with new ideas; the hard part is letting go of what worked for you two years ago but will soon be out of date. —Roger von Oech
Genius, in truth, means little more than the faculty of perceiving in an unhabitual way. —William James
When all think alike, then no one is thinking. —Walter Lippmann
I am looking for a lot of people who have an infinite capacity to not know what can’t be done. —Henry Ford
If you go to your grave without painting your masterpiece, it will not get painted. No one else can paint it. —Gordon MacKenzie
The best way to predict the future is to create it. —Alan Kay, computer scientist
There is no innovation and creativity without failure. Period. —Brené Brown
If you have always done it that way, it is probably wrong. —Charles Kettering
The creation of something new is not accomplished by the intellect, but by the play instinct arising from inner necessity. The creative mind plays with the object it loves. —Carl Jung
Logic will get you from A to B. Imagination will take you everywhere. —Albert Einstein
Swipe from the best, then adapt. —Tom Peters
The greater the contrast, the greater the potential. Great energy only comes from a correspondingly great tension of opposites. —Carl Jung
We don’t know who discovered water, but we’re certain it wasn’t a fish. —John Culkin
Innovation—any new idea—by definition will not be accepted at first. It takes repeated attempts, endless demonstrations, monotonous rehearsals before innovation can be accepted and internalized by an organization. This requires courageous patience. —Warren Bennis
The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time and still retain the ability to function. —F. Scott Fitzgerald
Never confuse motion with action. —Ernest Hemingway
Innovation distinguishes between a leader and a follower.—Steve Jobs
The lightning spark of thought generated in the solitary mind awakens its likeness in another mind. —Thomas Carlyle
Innovation opportunities do not come with the tempest but with the rustling of the breeze. —Peter Drucker
No idea is so outlandish that it should not be considered. —Winston Churchill
Finding opportunity is a matter of believing it’s there.—Barbara Corcoran
If I have 1,000 ideas and only one turns out to be good, I am satisfied. —Alfred Nobel
The only way to discover the limits of the possible is to go beyond them into the impossible. –Arthur C. Clarke
What is now proved was once only imagined. –William Blake
I want to put a ding in the universe. –Steve Jobs
In general, innovation is distinguished from creativity by its emphasis on the implementation of creative ideas in an economic setting. Amabile and Pratt in 2016, drawing on the literature, distinguish between creativity (“the production of novel and useful ideas by an individual or small group of individuals working together”) and innovation (“the successful implementation of creative ideas within an organization”), and as such, they consider both part of the same process.