Innovation is not invention
The following is an excerpt from Innovation in Real Places: Strategies for Prosperity in an Unforgiving World, by Dan Breznitz, one of the five finalists for the 2021 Donner Prize, the best public policy book in the country. The 2021 winner will be announced at a gala dinner in Toronto on May 31. The winner will receive $50,000 and the four other nominated authors will receive $7,500. The Donner Prize rewards excellence and innovation in public policy writing by Canadians.
A key to understanding innovation-based growth is to understand that innovation is not invention, nor is it only high-tech and the creation of new technology and gadgets. Innovation is the whole progression of taking new ideas and devising new or improved products and services....
