Question: What is the key difference between innovation and invention, as mentioned in the text? Innovations involve entirely new technologies, while inventions enhance existing ones. Innovations
What is the key difference between innovation and invention, as mentioned in the text?
Innovations involve entirely new technologies, while inventions enhance existing ones.
Innovations require significant development costs, while inventions are costeffective.
Innovations often contribute to sustainable technology evolution, while inventions can replace current technologies.
Innovations are more likely to face competition, while inventions enjoy favorable profit margins.
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