Innovation Blog: My definition

First of all welcome to my new blog! I will use this blog to discuss innovation, which is one of my greatest interests. To get startet I would like to give you my difinition of the word innovation.

If you browse the web you will see a lot of definitions of the term innovation. The definition I like to use is this one: “Change that creates a new dimension of performance” by Peter Drucker. Why I like it? Because that definition is not saying that in order to be innovative you have to invent new things. In my opinion many people mix the terms innovation and invention together.

In my opinion an invention doesn’t have to be innovative. Let me give you an example. If I invent a product which haves the same purpose and solve the same problem as an existing product - just by doing it with a new method - it wouldn’t be innovative according to the quote. Simply because the new product doesn’t create a new dimension of performance for the user - it just solves a problem in a new way.

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