Thursday, 12 January 2012

NOVELTY, CREATIVITY, INNOVATION & INVENTION (1112703030)

Novelty


Something new or strange thing. The quality of being novel ; newness ; freshness ; recentness of origin or introduction.



Innovation

Innovation means new concepts or product that derive from individual ideas or from scientific ideas. Innovation on the other hand, is the commercialization of the invention itself. Its ability to deliver new value to a customer and is a new element introduced in the network which changes even if momentarily, the costs of transactions between at least two actors elements or nodes in the network.

Invention

Unique or novel device, method, composition, process, or discovery. It may also be an improvement upon or alternate means, of achieving an existing desired result or function. An invention that is not derived  from an existing model or idea, or that achieves completely unique function, discovery, or result may be a radical, breakthrough. Invention often extend the boundaries human knowledge experience or capability. An invention that is novel and not obvious to others skilled in the same field may be able to obtain the legal protection of patent.

Creativity


Creativity is defined as a complex human behavior based on the interaction between creative thinking and creative production and encompasses knowledge, ability, perception, understanding, acceptance, interaction and communication. 

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