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Creativity: The process of generating ideas - divergent thinking.

Innovation: The sifting, refining and implementation of ideas - convergent thinking - putting ideas into action.

"Innovation is about people using new knowledge and understanding to experiment with new possibilities in order to implement new concepts that create new value." (Joyce Wycoff, Global Innovation Study Group)

Innovation = Invention + Exploitation (attributed to Ed Roberts of MIT)

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15y ago

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