💡 What's the difference between invention and innovation?

Рет қаралды 143,316

4 жыл бұрын

Invention vs Innovation. What's the difference between invention and innovation? Why some inventions change the lives of the people and some are abandoned and forgotten even if they are brilliant?
Learn Austrian Economics in a fun way!
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Пікірлер: 63

@mariosebok 4 жыл бұрын

Invention = Applications of Technology (Incremental or Radical) Upgrade Innovation = Sucessfull Marketing & Sale of Inventions or Changes

@OneGlass 4 жыл бұрын

I feel like I am repeating myself, but here we go again. An outstanding educational piece of work, especially in an era where the word 'entrepreneur' has lost a lot of its glory.

@EconClips 4 жыл бұрын

Thank you so much:)

@6devours961 3 жыл бұрын

@@EconClips Love your content and love the brain vids because they make me feel smart thank you :D sub please because my friend wants this and its his birthday soon. kzfaq.info/love/nIbDKcsKpbrjNwBWflSroQ

@aadityas.9820 4 жыл бұрын

Thank You so much econclips :)

@rileyjohnson1767 3 жыл бұрын

who else is watching this in class?

@jawadghafoor9880 3 жыл бұрын

@loaz974 6 ай бұрын

i watching this video actually in english class (i’m french)😂

@Mr.Gromit 6 ай бұрын

@@loaz974we’re in the same class mate

@loaz974 6 ай бұрын

@@Mr.Gromit😂😂

@TheSpokenWizard 3 жыл бұрын

Inventors create and innovators find purpose.

@victorlungungu2109 Жыл бұрын

Thank you because you help me to find my place in this world through your video.

@liamsherping1657 3 жыл бұрын

the guy narrating this video is the Innovator and the guy who wrote this script is the inventor

@satyasankalpapanigrahi9416 Жыл бұрын

Yes, exactly that's the literally summary of this content personified in a another example of content creation

@d_reeves1133 3 жыл бұрын

Nikola Tesla was the inventor, Thomas Elva Edison was an entrepreneur.

@jmathtech 2 жыл бұрын

However, Lewis Latimer is the innovator of the light bulb in which we use today.

@searchman5975 3 жыл бұрын

Great explain

@rolesk8 4 жыл бұрын

As ways great video my friends!!! Keep the Hard work.. Still missing your old voice 😂

@marunio435 2 жыл бұрын

Your video shows how important are both roles. Invention without innovation is almost nothing.

@tzzv3292 Жыл бұрын

Too true

@niamera1720 6 ай бұрын

muy bueno

@BrianScudamoreO2E 3 жыл бұрын

Thanks for sharing this great educational video! I completely agree that entrepreneurs are the father of innovation. Innovation is all about listening to each other, your partners and everyone around you. This is how you become successful and profit off of your business and invention. Great content on here! Can't wait to watch more :)

@julienofelbanaybanay786 3 жыл бұрын

totally agree! on point

@vinansyahvexel7132 2 жыл бұрын

Henry ford once said.. if you ask people what they want, the would say faster horse

@mycrunchytoes 8 ай бұрын

Totally agree so true

@Bhuddiman 3 жыл бұрын

I learned a lot in just 90 seconds

@aditiraj4263 3 жыл бұрын

It was a good clip

@leelee-rf6px 3 жыл бұрын

Цен на продукцию как и в каком виде нужно

@calvinchew7985 4 жыл бұрын

Inventions precede innovations but NOT all inventions turn into innovations. It takes wide acceptance by the masses who r seduced by u guess it "entrepreneurs..."

@mitsengupta8945 4 жыл бұрын

calvin chew we don’t unfortunately even use the term inventor anymore. It’s almost always ENTREPRENEUR nowadays not INVENTOR. I wish we used the term latter more. Even a founder of insurance company founder can call himself ENTREPRENEUR. But not every one can call themselves INVENTOR in the same way.

@IMGDirect 4 жыл бұрын

They need each other

@fernandoonosaki9545 4 жыл бұрын

Congratulations!!

@ahmednawab2807 2 жыл бұрын

And I am consumer. No dispute 🙌

@bizguy7637 5 ай бұрын

best video

@arinzeanajemba1005 7 ай бұрын

This is good

@lydiachisorakawanzaruwa166 Жыл бұрын

Love Kkkk pakaipa kani

@fkhdls 4 ай бұрын

Wozniak was right. Jobs was little more than the PT Barum of the digital age.

@prilep5 4 жыл бұрын

I think Jobs was inventor but Wozniak was innovator.

@pongop 2 жыл бұрын

The average workers are the ones who actually create the value and wealth that the CEOs enjoy. CEOs are really worth 351 times (on average) more than the typical worker?

@SnowSNS11 Ай бұрын

Probably because the average workers' jobs are divided into plenty, while there's usually only 1 CEO to centralised decision making.

@johnpost7557 3 жыл бұрын

What?? NO way! Technology is new and innovation in relatively. Real Technologies are products that function on the basis of isolated natural laws, this means technology functions on it's own (independent of something else).

@ninja2k206 3 жыл бұрын

Nice

@ashleygreen1562 4 жыл бұрын

Cool ⭐app

@cinemaessence7390 2 жыл бұрын

A black man created the refrigerator . A black man created peanut butter , not Jiffy.

@puru108g 4 ай бұрын

It is safe to say then ancient India is home for many inventions and Innovations. I wonder how it was skipped by author/narrator as an example. Asia is made up of India and China.

@tarkamancaniaxiretesaxla 2 жыл бұрын

Before Leonardo da Vinci, a muslim, Abbas ibn Firnas was the first made his flying machine in the year 875 that was constructed on a frame of bamboo. He covered the bamboo frame with lightweight silk cloth and feather of eagles. The wings of the flying machine were not static, but could be controlled during flight. He invented also transparent glass, water powered clock and etc there are hundreds of inventions from muslims very interesting. f.ex al gebra, first optical discoveries, ...so on on on......................................

@miszazmisza 4 жыл бұрын

Steve Woźniak 😂 so funny pronunciation

@mkb6418 3 жыл бұрын

As an inventor, if I don't expect any fame or money, if I am doomed to see my invention being used (exploited) by an "enterpreneur", then I have no motive to invent anything and better don't invent at all.

@SnowSNS11 Ай бұрын

That's why partnerships are important. We all have need of a skill we don't personally possessed ourselves, so we hire them to add to our own and help us build our idea into reality. I'm pretty sure most inventors own stocks with the entrepreneur as it's usually dual effort. If not, they don't care about it and just sold it to someone who can find use to it, often modifying the tool with hired scientist for better use. It's simply impossible for people to do everything by themselves as no one is an island. Sometimes, the idea is actually thought of by the entrepreneur but don't have the skills to turn it into reality. Maybe charisma is just really a very important skill in life, the ability to persuade people to buy your product otherwise it's forgotten and viewed as a curiosity until someone has an idea to find use of it to integrate in our lives

@Jonathan-pp5zc 3 жыл бұрын

Jobs was always into electronics. He had a summer job when he was 12-13 in an electronics company. Its not like he was purely a marketing guy.

@nPcDrone 4 жыл бұрын

Al gore invented the internet but he did nothing with it. Ha you said 'the first hoe'

@nickbait1104 3 жыл бұрын

apple is better than android

@mrfake675 Жыл бұрын

Not for the price

@davidbokuku7642 3 жыл бұрын

Stop disrespecting dead people .... So low.

@eunicemwicigi8104 7 ай бұрын

This video is far too long for such a simple question. Thumbs down.

@mycrunchytoes 8 ай бұрын

I luv this video it enlightens me about a lot of things wow so helpful!! ❤❤❤❤ Ty for making this video it is so good for many people and it helps many lives. ❤❤🥰🥰🥰🩷🩷