The difference between Innovation & Invention. What is needed to invent and the questions you need to ask.

1. The Trinity of Invention
Paul R Daniel @validationcorp

2. Program Outline
• Invention v Innovation
• The building blocks of Invention
• How do we invent?
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3. There is a subtle difference between these two
words,
• Invention is the formulation of new ideas for
products or processes
• Innovation is all about the practical application of
new inventions into marketable products or services
Invention v Innovation
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4. Big “i” or little “i”
• big “i” or disruptive innovations that totally
change the landscape of a business, its
products or the dynamics of the market
Clayton Christianson – The Innovators Dilemma
• little “i” refers more to incremental changes or
improvements to businesses and products.
"Creating Wealth" by Lester Thurow
Rodger La Salle www.matrixthinking.com.
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5. • Invention is the "creation of a product or
introduction of a process for the first time."
Thomas Edison was an inventor.
“new, novel and without precedent”
• Innovation happens when someone "improves
on or makes a significant contribution" to
something that has already been
invented. Steve Jobs was an innovator.
“change that adds value”
Read more: http://www.businessinsider.com/this-is-the-difference-between-invention-and-
innovation-2012-4#ixzz2lpSAJ0OG
Invention v Innovation
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6. Where Ideas Come From?
“All men dream: but not equally. Those who dream
by night in the dusty recesses of their minds wake
up in the day to find it was vanity, but the
dreamers of the day are dangerous men, for they
may act their dreams with open eyes, to make it
possible.”
― T.E. Lawrence, Seven Pillars of Wisdom: A Triumph
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7. Resources
UnderstandingMotivation
Fundamentals of Invention
LEADERSHIP
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8. Fundamentals of Invention
1. Need to be Motivated / Need to solve a problem
2. Understand the Problem
3. Resources
4. Leadership to fuel the process
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9. Motivation Understanding
Leadership
Resources
Motivation
1. Location
2. Lazy
3. Lust
4. Life
Understanding
1. Elements
2. Education
3. Environment
4. Evolution / Experiment
Resources
1. Men
2. Materials
3. Money
4. Mules
By Paul R Daniel
FLUX CAPACITOR OF
DISCOVERY
Leadership
1. Experience
2. Personality
3. Team
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10. Motivation
Motivation
1. Location
Geography - live near water, jungle, space
Your neighbours - protect your Stuff
Climate
2.Lazy
How do I make my life easier?
4. Life
I want to stay alive - Medicine
3. Lust
Emotions - Ego, power, love etc.
Beliefs - Religion
By Paul R Daniel@validationcorp

11. UNDERSTANDING
1. Elements
The laws of Science - gravity
2. Education
What is currently known / discovered
Knowledge is recorded & shared
4. Evolution
Change, Experimentation, lessons
learned
3. Environment
How knowledge is shared / recorded
Social, Cultural - macro & micro
Validation Corporation© By Paul R Daniel
Understanding

12. RESOURCES
1. Men
How many, quality, skills,
motivation 2. Materials
What is available? raw & processed
4. Mules
Technology, machines, tools
3. Money
Capital, Intent, trade,
economy
By Paul R Daniel
Resources
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13. Leadership
By Paul R Daniel
LEADERSHIP
2. Experience
Track record,
See the bigger picture
1. Status
Power, respect, credibility
3. Personality
Motivation, attitude, confidence,
delicate, inspirational
4. Team
Communication, structure,
innovation
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14. Motivation Understanding
Leadership
Resources
Why?
W
hat ?
How ?
Motivation
1. Why does the problem exist?
2. Why are people accepting this problem?
3. Why do I need to solve this problem?
4. Emotions towards the problem
5. Why can’t I solve this problem?
Understanding
1. Do I understand the problem?
2. Culture & Environment.
3. Measurement method.
4. Who has this problem?
5. What is my assumptions in solving
the problem?
6. What do I have to do to test my
solution?
Resources
1. The perfect team I need is:
2. The Resources I need are:
3. Other technologies, partners I
need to succeed.
By Paul R Daniel
The questions to ask
Leadership
1. What is the vision?
2. Do I know what skills are needed?
3. Do I have them?
4. What skills do I need ?
5. How do I communicate?
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