Change is the basic law, that governs the entire nature. In this fast-paced world, technology is changing rapidly, i.e. nobody can assure you that the world is going to be same, five years later, as everything changes with the blink of an eye. So, if one wants to go along with the world, then the only requirement is to be creative and innovative. While Creativity is related to ‘imagination’, but innovation is related to ‘implementation’.
The primary difference between creativity and innovation is that the former refers to conceive a fresh idea or plan, whereas the latter implies initiating something new to the market, which is not introduced earlier. You can get a better understanding of the two topics, and their difference, with the help of given article.
Content: Creativity Vs Innovation
- Comparison Chart
- Definition
- Key Differences
- Example
- Conclusion
Comparison Chart
| Basis for Comparison | Creativity | Innovation |
|---|---|---|
| Meaning | Creativity is an act of creating new ideas, imaginations and possibilities. | Innovation is the introduction of something new and effective into the market. |
| Process | Imaginative | Productive |
| Quantifiable | No | Yes |
| Related to | Thinking something new | Introducing something new |
| Money Consumption | No | Yes |
| Risk | No | Yes |
Definition of Creativity
Creativity is the characteristic of a person to generate new ideas, alternatives, solutions, and possibilities in a unique and different way.
Creativity is the ability to conceive something unpredictable, original and unique. It must be expressive, exciting and imaginative. It is the mirror of how beautifully a person can think in any given circ*mstance.
It is not genetic but can be developed if someone keeps on learning and comprehending things with a rare and exclusive perception. Creativity is a brainstorming and mind-blogging activity in which a person has to think beyond his imagination for bringing something worthwhile. It is an activity of unveiling something which was previously hidden.
Definition of Innovation
Innovation is an act of application of new ideas to which creates some value for the business organization, government, and society as well. Better and smarter way of doing anything is innovation. It could be the introduction of:
- New technology.
- New product line or segment.
- A new method of production.
- An improvement in the existing product.
Innovation is closely tied to creativity i.e. putting creative ideas into action is an innovation, whose consequences should be positive. It is theprocess of doing something better for the first time, which was not previously done by any entity. It can also be termed as a change which can bring a new edge to the performance and productivity of the company. It is of two types i.e. evolutionary and revolutionary.
Key Differences Between Creativity and Innovation
The following are the major differences between Creativity and Innovation:
- The quality of thinking new ideas and putting them into reality is creativity. The act of executing the creative ideas into practice is innovation.
- Creativity is an imaginative process as opposed to innovation is a productive process.
- Creativity can never be measured, but Innovation can be measured.
- Creativity is related to the generation of ideas which are new and unique. Conversely, Innovation is related to introduce something better into the market.
- Creativity does not require money. On the other hand, innovation requires money.
- There is no risk involved in creativity, whereas the risk is always attached to innovation.
Example
The invention of the motorcycle was the biggest innovation over scooters. In early centuries, people used to travel with scooters, for which they have to make lots of efforts to start it like they need to strike the kick and knee down from either side if it doesn’t start. So, years and years passed away, and nobody even thought for the invention of bikes. The invention of the motorcycle make them realize that they can also ride bikes without making any extra efforts, they just have to click the switch and its starts automatically.
In this example, the thought of creation of a new traveling motorcycle is creativity, but the actual invention of it is innovation.
Conclusion
There is always a dispute between creativity and innovation as both are important for an organization to last longer. The existence of both can lead tosuccess. After a huge discussion, let’s know about how can we be creative – by asking questions, drawing conclusions, experimenting & exploring newideas and widening the areas of thinking. For being innovative, a person must have the ability to take risks, experimenting, asking questions and observing things.
Now, you might wonder that both the things are somewhat related to each other.
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