Invention and Innovation
Invention: Invention is something that refers to the creation of anything that is new, that may be a new product or a new process or a new idea or even a new solution, etc. Creation of anything that is unique can also be considered as invention.
Innovation: Innovation can be a value addition to an invention. It can be successful commercialization of an innovation or may be the implementation of invention. It can be conversion of invention from an idea to practical, usable and marketable propositions. It can also be altering an invention for a greater and much better realization.
To understand the difference between Invention and Innovation, let us consider very common and famous examples:
1. Bicycle: The first bicycle was not so much user friendly, in terms of balance, weight, ease, breaks and durability, etc. But with continuous innovation in the industry, bicycles are now available with Carbon fibre body, tubeless wheels, gear system, better balance and aerodynamics, etc. Hence are delivering better value to the end user and user is paying greater price for it.
2. E Payment system: Initially we required credit/Debit cards physically to do payments. Now we can do it thru UPI or mobile banking, etc.
3. Led Bulb: Initially LED bulb was heavy, bulky and less energy efficient. Now the lamps are smaller in size, better aesthetics and far more energy efficient (5 Star).
There are numerous examples like: First Mouse, First Computer, First antibiotic, First lamp or First electric car.
Six Sigma principles can be applied to Innovation definitely. Or we may rephrase that all Innovation is done through process improvement, Six Sigma being one. DOE and improvement projects based on DMAIC are all examples of innovation.
For invention, use of Six sigma may have limited scope but definitely it may push towards invention. Whenever inventions have been made, inventors have always worked on theories and evaluated results based on trial and their outcome. Once we have data, we may definitely apply six sigma for refinement of result getting one closer towards invention.