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According to the Merriam-Webster dictionary, an invention is defined as something invented as a product of the imagination such as a device, contrivance, or process originated after study and experiment and an innovation is defined as the introduction of something new such as an idea or method. How would you differentiate an invention from an innovation as it applies to science and technology? Provide two examples of each type and explain your thought process in distinguishing the examples provided.
The natural evolution for technology is that it becomes obsolete or not as effective overtime compared to its initial introduction. Cradle to grave is a typical lifecycle for any given application. The useful life of a particular application will vary based on advancements in a given discipline. It is critical to continuously seek and identify new ways to adapt technology. Describe in detail the process to evaluate alternative or replacement applications for existing technologies and explain at what point in the lifecycle should this process be initiated?
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