Innovation Quotes: Discovery, Invention and Diffusion

via Innovation Zen

Innovation consists of the technological, managerial, and social processes through which a new idea or concept is first reduced to practice in a culture. Discovery is the initial observation of a new phenomenon. Invention provides the first verification that a real problem can be solved in a particular way. Diffusion spreads proved innovation broadly within an enterprise or society. All are necessary to create new value.

James Brian Quinn and Jordan Baruch – MIT Sloan Management Review

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