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The Difference Between Invention and Innovation

Martin Lavoie | Posted 12.10.2012 | Canada Business
Martin Lavoie

The OECD recently released a study showing Canada is among the leaders in public research and patents filed by academics -- great news. Licensing patents is as much important as developing them. Like most people, I use to assimilate invention with innovation. Two weeks ago, I watched a documentary on Steve Jobs, and finally, I understood the difference between the two. Even Steve Jobs couldn't have built an innovative computer mouse without a license.