While invention requires creativity to come up with new things, innovation is about applying those new things in different ways. Creativity is essentially an 'inward' trait. It's murkier and harder to define. Ideas within the creative realm are often judged more by their novelty than by their potential usefulness, either to consumers or to the company.
So while preparations for trade talks get under way, the new Government should encourage British businesses to adopt a more innovative frame of mind post-Brexit.
More and more companies are realising that the technology they once viewed as necessary to only a few consumers, are actually benefiting everyone without making the product different for each market
I am a firm believer that patients should be true partners in their healthcare, and that online services have a major role to play in supporting that partnership, so these statistics are heartening.
The technology to create this future travel experience is already here. What it needs to make it fly is for airlines and their travel partners to adopt new technologies and cooperate more freely (even with competitors). This shared information in secure environment will collectively give us the smooth, trouble-free journey we all want.
From wearables, virtual reality and augmented reality, to the Internet of Things, artificial intelligence, robots and drones, technology is truly changing the game at this year's Olympics
Five years into the 'fintech' revolution, several things are becoming clear. Firstly, it's not really about technology, it's about customer centricit...
Off Grid Electric deliver solar-powered, electricity generating systems that are implemented to help a household meet basic energy requirements such as lighting, charging mobile phones and even now power a small business.
Much progress can be made by making existing utilities infrastructure more efficient, making better use of what it can already provide, accurately forecasting future usage, and ensuring that it's maintained intelligently.
But there's another economy which does reward work which is exploratory in and of itself. "R&D in the arts" seems to be quite a new thing, inspired by the digital model, but not motivated by financial revenue. I worry about the arts taking on the mantle, because R&D and innovation are terms with such an overwhelming direction built in to them
The most important innovations, the ones that change the way businesses, sectors and people operate, always share the same starting point: simplicity ...