The Invention of the Internet Essay
Opinion Essay on Inventions
Ancient Chinese Inventions. Essay
The Invention Of The Camera
Create Your Own Invention Research Paper
Essay On Inventions
The Invention Essay
Ancient Greek Inventions Essay
Essay on Innovation And Invention
The Greatest Invention Of My Lifetime
Greatest Invention Essays
Importance of Early Invention Essay
The Inenvention of the Wheel Essay
The Invention Of The Airplane Essay
The Invention of Modern Technology
The Invention Of An Invention
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
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Invention Essay
1. The Invention of the Internet Essay
The Invention of the Internet
Perhaps one of the greatest inventions of out time is the Internet. Without a doubt, the net has had a
profound effect on almost every aspect of our lives. The formation of the Internet has changed the
way we do business, communicate, entertain, retrieve information, and even educate ourselves.
Nevertheless, the Internet might have never materialized if it had not been for some innovated
thinkers from the Advanced Research Project Agency, who created "ARPANET." In collaboration
with several educational and research institutions, the agency created the packet–switching
technologies that form the basis of the Internet today.
"The Internet refers to the global information system that is logically...show more content...
The internet matured in the 1970's as a result of the Transmission Control Protocol/Internet Protocol
(TCP/IP), which is sill used today. It was adopted by the U.S. Department of Defense in 1980, and
universally adopted in 1983. The usage of TCP/IP is what unites all elements of the net. Both
public domain and commercial implementations of the roughly one hundred protocols of the TCP
/IP protocol suite became available in the 1980's. During the early 1990's, Open Systems
Interconnection (OSI) protocol implementations also became available by the end of 1991, the
Internet has grown to include some 5,000 networks in over three dozen countries, serving over
700,000 host computers used be over 4,000,000 people. By December 1996, about 627,000 Internet
domain names had been registered and now there are more than 30 million registered.
The conceptual foundation for the creation of the Internet was significantly developed by three
individuals and a research conference, each of which changed the way we thought about technology
by accurately predicting its future: Vannevar Bush wrote the first visionary description of the
potential uses for information technology with his description of the "memex" automated library
system. Norbet Wiener invented the field of Cybernetics, inspiring future researchers to focus on the
use of technology to expand human compatibilities. The 1956 Dartmouth Artificial Intelligence
Conference crystallized the concept that
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2. Opinion Essay on Inventions
BBI20 Assignment#5 Opinion Essay on Inventions 1st March 2011 In my opinion, the most
important invention of all time in the history of human civilization and enterprise is the internet.
Why the internet? Simply because I believe this invention has made the world a better place. In
almost everything we do, we need the Internet. Whether it is to look for a job, research for a
project or even find love. The Internet is a dominant factor that plays an important role in our lives.
We just simply cannot escape the influence that the Internet has on us. Bill Gates, founder of
Microsoft enterprises, once said "The internet is becoming the town square for the global village of
tomorrow". This quote may seem short, but to me, it significantly...show more content...
It's just that all the books are on the floor." This quote explains it clearly and precisely what the
quote stated, the internet stores all the information. This information can easily be found in one
floor. This quote is actually comparing the present to the past, when everybody had to gain
knowledge and obtain information by reading and gathering books from in the library. It is
inconvenient and definitely not like the internet, where any information can be found easily. The
Internet has truly changed our world making it more convenient in general, unlike the past. We do
not need to waste time searching for countless of books just to obtain information needed. In
addition, the Internet brings the world one step ahead in education as students can attain knowledge
with the click of a button. Internet has also become a universal storage system, because a human
mind cannot withstand the information of the world throughout time. With this, information can be
stored and shared to everybody in the world. The improvement of research is important because as
time passes, humans will always strive to gain a better understanding of the universe and review all
the past data which is stored in the Internet. When more knowledge is gained, we can apply, create
and innovate the world to become a better place to live in. This is why the internet is of great
importance, as the accumulated information will prove helpful for generations to come. The final
reason why
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3. Ancient Chinese Inventions. Essay
| Ancient Chinese Contributions| Humanities 111/Professor Michael Curran| by| Rayshawn Jumper|
11/22/2011|
[Type the abstract of the document here. The abstract is typically a short summary of the contents of
the document. Type the abstract of the document here. The abstract is typically a short summary of
the contents of the document.]|
Ancient Chinese inventions have had a huge impact on the modern world as we know it. Numerous
technological and cultural advancements have spawned off from the inventions derived from Ancient
China, which spans over thousands of years ago. A lot of the inventions really attest to how more
advanced Ancient China was in science and technology. In the world today, they still symbolize
...show more content...
In later
years, the use of gunpowder had turned into a key military force. During the Song Dynasty,
military forces used gunpowder in weapons such as fire arrows and gas shells against their
primary enemies. As the knowledge of the substance became known along the Silk Road, (India,
the Middle East, and Europe), countries all over the world quickly implemented the same kind of
warfare. The invention of the compass was initially developed as a way of fortune telling. The
Chinese also felt that by aligning homes with the cardinal points of the compass it would bring
forth religious and good luck, which fed into the common superstition of that time. By the late 13th
Century, the Chinese were using compasses to navigate the seas around the world. It became a
crucial navigational aid and helped increased trade among Mediterranean and Northern Europe.
Porcelain, the spinning wheel, the mechanical clock, and the seismograph remain noteworthy
inventions as well. Porcelain was developed from the firing of pottery. The invention of porcelain
enabled the Chinese to create many different kinds of decorative motifs and ceramic wares. They
became highly exported items in oversea markets. Another highly exported good was silk. There
was always a high demand for silk fabric. This led to the invention of the spinning wheel. The
spinning wheel was a circular machine that would wind fibers of silk into thread. Fibers
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4. People's lives are affected by many types of technology. However, the greatest effect on people
undoubtedly is internet. Especially, in today's world, internet has definitely become indispensable
part of people's life. In fact, life without internet is as unendurable as life without sun. Unless the
internet existed, people would feel empty. Thus, internet has easily taken a significant place in
humans' social life in just about 20 years. At home, at office, at school, even while people are
walking on the street, internet is always in their lives. Since the advent of the internet, it has made
life better. Almost everyone in the world use the internet thanks to several advantages that it offers to
people.
One of the most...show more content...
The third advantage that internet offers to people is important opportunities for the educational life.
First, internet is an extensive source for students in terms of having knowledge. Thus, students can
easefully find various study materials for their homework or exams by using the internet. Secondly,
online tutorials provided by the internet are important easy for the educational life. Students can
usually take courses in any subject whenever they want to do during the day or week through the
online tutorials. Due to this flexibility, students can arrange themselves, according to their work
schedules.
The final advantage of internet is that it has a significant role for the business life. Firstly, people can
network with other businesspeople or organizations via internet. Therefore, they can talk about their
companies' situations such as challenges, changes and they can exchange information with each
other quickly. Secondly, internet advertising enabled by internet is important for business life. The
internet advertising makes possible for companies to introduce themselves, to inform buyers of their
products, to reach more consumers, even to find employees being appropriate for their companies.
For these reasons, internet advertising is very beneficial service provided by internet for the
business life.
All in all, it is not so hard to realize that life has become easier than ever with the advent of the
internet. Both by
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5. The Invention Of The Camera
Photography has changed a lot since the invention of the camera. New techniques are developed
as technology advances. There is also trends and styles that influence photography and its
different aspects. Portraiture is perhaps one of the most seen types of photography that has been
there since the beginning of the camera. Of course, portraits were first oil paintings that were
used to portray a person, but photography has taken over and improved, in a way, these
representations. Portraits tell us a lot about the subject in the picture and photography has made
this easier and clearer with time. At first glance a portrait can be seen as just a picture of a person,
but when taking the time to analyze the image we can discover many clues of the person's
identity. Portraits in history have been mainly used to represent people of power or those who
had the money to have themselves painted by an artist. But we can now see this has changed. We
can see that there is a certain element of narcissism when someone takes a picture of us as we
often say "I don't like it, delete it and let's take another one". Perhaps this has changed portraits and
led into the creation of what we call 'selfies'. Today almost everyone has the access to cameras
which makes it simpler to take a self–portrait. It is true that many people use this technique, but the
main group that uses this term and kind of photography are teenagers. To see how the purpose of
portraits has changed we have to look at the
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6. Create Your Own Invention Research Paper
Create Your Own Invention Invention Name: ________________________________________ Step
1: Identify the Problem you wish to solve: Sketch of Invention:Design/Features: Describe what this
invention does. Create Your Own Invention Invention Name:
________________________________________ Identify the problem you wish to solve: Who is
your target audience (age, gender, other conditions)?
___________________________________________ Sketch of Invention:Design/Features: Describe
what this invention does. How does this invention solve the problem you identified? What possible
consequences can you foresee as a result of your invention being successful (i.e., government
regulation, impact on existing market, a need for another invention)?
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7. Inventing Solutions Every day, the world we live in fills up with more and more problems than the
day before and it seems almost impossible to take care of them all. Throughout history, these
problems have been given solutions, sometimes in ways the world has never seen before. These
solutions are created by very innovative and creative individuals called inventors. Inventors are very
unique people in the way that they impact the world with their ideas and can solve specific
problems. The interesting thing about inventors is that anyone can be an inventor. Everyone has
their own unique and creative imagination that can be used to invent items that solve the world's
problems. Many people are known for their inventions today and are famous for them and how they
changed the world so drastically. TakeThomas Edison for instance; he invented the phonograph,
motion picture camera and a longer lasting light bulb. Today, these inventions are seen as simple
items and are even taken for granted. However, if we look back in time, we can see just how
impactful these inventions were. This essay will discuss the many different inventions throughout
history that changed the world we live in today, for better. One majorinvention that is underestimated
today is clothing. The common cloth used today started out as cotton. Cotton strands are separated
from the seeds of a cotton plant and those fibres are used to make fabrics and clothing. Separating
the cotton strands and seeds was done
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8. Essay On Inventions
The future is here! It is now 2024 and I am working in my office at my company. When I look out
the window I see everybody riding my invention ,the hoverboard. I also see the stay still house
And elderly people using the disabled helper. I am very happy that everybody is using my
inventions. Now I'm going to tell you how business is booming with my three inventions the stay
stillhouse, disabled helper, and the flying hoverboard. The stay still house is a house that has
pillars under it so if it floods or if it rains really bad you can push a button and it raises the house
25 feet off of the ground. If you are scared of heights you shouldn't buy it. before you buy them we
test all of the make sure they work When you by them you have a...show more content...
The flying hoverboard is basically something that looks like a skateboard but it has no wheels it
hovers one and a half feet off the ground and it has a maximum speed of 15 miles an hour and to
charge it all you do is park it on the platform and it charges with no wires and it takes approximately
4 hours for for a full charge on a full charge you can get up to 20 hours on it. It is number 4 on the
world Trade catalog. You have a 30–day trial on it so if you don't like it next 3 days you can return it
and if it says 30 days in your 1 second past Then it's yours too bad. We are not responsible for any
accidents or deaths on the hoverboard. At every College I visited I've seen many of the college
students on the hoverboard. The stay still has his a house that prevents people from losing their
house in a flood. The disabled helper helps people in wheelchairs or people that can't walk very
good up to their house. new flying hoverboard gives people to their destinations a little bit faster
than walking but not Cars. So you better buy it not the fake brands my Brands if you don't you'll
have bad luck for the rest of your
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9. The Invention Essay
So You've Just Come Up With A Million Dollar Idea– Now What?
While there is no set formula on how a would–be inventor can take their great idea from mind to
manufacturing, there are some things they must be aware of and some steps they simply must take
as they move forward. If you think you have one of those great ideas, set aside all celebrations for
the time being and start taking real action toward making the idea a productive and profitable reality.
Be warned, though: this isn't going to be easy.
1. Ask Yourself Some Serious Questions
It's very important to keep your feet on the ground, even if you feel you've reinvented the wheel in
spectacular fashion. An idea itself is worthless until proven in many ways, but that can be...show
more content...
When talking to potential partners, you're likely to get more valuable feedback on setting up a
company, manufacturing, distribution and other important elements of a startup.
A second (third, fourth and beyond) opinion should provide you with affirmation that your idea has
value, beyond what you've imagined thus far. These outside opinions help you to chisel your idea
into something with real–world applicability. Also, be prepared for the naysayers, who, although
discouraging at first, can also give you useful information.
3. Analyze Development And Production Costs
It's one thing to create a homemade prototype, quite another to put it into real production. How
much is it going to cost to perfect your prototype enough to actually manufacture it? How much will
it cost to produce each unit and who can handle that for you? Ideas are typically modified in the
development stage, meaning your original idea may evolve into something different or even spawn
two or more spinoff ideas, equally valuable and worth pursuing.
Although the technical aspects of bringing an invention to the production stage are tedious and
challenging, this is a crucial stage for you and will determine the economic feasibility of moving
forward. You need to figure out who you can trust, where your startup capital is going to come from
and whether or not you should form some type of company now. Depending on your educational
level
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10. Throughout the years, there have been hundreds of inventions that have been created to change our
way of life. These inventions have ranged from the beginning of time with the wheel through
Thomas Edison's invention of the light bulb, which had been used for years to keep houses lit.
Possibly one of the greatest inventions in history that is still used today is the internet, which has
made significant changes to how the day to day business is conducted.
On October 29, 1969 Lawrence Roberts had created the first two nodes to travel between UCLA and
SRI International. This project was originally conducted under the Advanced Research Projects
Agency to counteract the USSR's launch of the Sputnik. After the creation it had been called...show
more content...
The most popular of these means are the land line. The different speeds are commonly purchased
based the intentions for the internet. For example large corporations will order faster speeds to
compensate for the large amount of workers using the internet for production, where the average
person who will use it to check email and occasionally check websites will order a slower line.
Another means of receiving internet, which is becoming more popular today, is via satellites. Data
will be passed from an internet company up to the satellite and will spread a beam to various
locations. With faster speeds the internet has widely grown to a more publicly used system.
In essence the internet has recently been used for personal online space, public websites, and even
online education. Colleges will create a website that will advertise their school, have an online
application process, and even post their classes online for people who cannot make it to a
classroom. Likewise people deployed for the military lack the opportunity to travel to a classroom
everyday; they are able to use the internet to take the place of a classroom. Also in the classroom
environment, the internet can be used to research topics for class, or can be used for a school to
create an online library simplifying the process of organizing its books.
On the other hand companies will also have a website advertising their product and even their job
opportunities. When a new product is made it will
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11. Ancient Greek Inventions Essay
What inventions can be traced back to the Ancient Greeks?
Many people are unaware of where important inventions people use everyday originate.
Watermills, alarm clock, automatic doors, central heating, crane, maps, showers, vending machines,
Olympics, fire extinguishers, odometers, chewing gum are some of the inventions created by the
Ancient Greeks (Kolasa–Sikiaridi, 2016),
Are people aware that these inventions originate from the Ancient Greeks?
A survey conducted upon a wide range of different people showed that of the 35 respondents, 63.7%
think that they use items that were inventions by the Ancient Greeks and only 34.3% do not think
they use any. Figure 1 below shows the survey results for this question. Figure 2 shows an extended
...show more content...
In recent years, mapping has evolved dramatically with regard to advances in sophisticated
technologies that have come into existence. GPS and laser rangefinders making the construction of a
map possible in real time, the ability to navigate with ease is often taken for granted in the modern
age with many types of technology being used everyday. The result of thousands of explorers,
cartographers and the original invention of the map in the 5th and 6th century
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12. Essay on Innovation And Invention
There is no question in my mind that with appropriate management, we can improve the levels of
innovation and creativity within organizations. There is no magic here. Innovative people are no
more 'born' than Olympic gold medallists or virtuoso musicians. Yes, some of us are gifted with
more initial aptitude, but as music and sports show, the 'natural' or the 'child prodigy' frequently does
not graduate to the top level. Hard, focused and appropriately– directed work trumps natural talent in
virtually every case. The question is, where to focus? Let us start by looking at the anatomy of the
beast. One key lesson that I took away from Lester Thurlow's book, Head to Head, is the observation
that, "Innovation in process trumps innovation...show more content...
This, of course, should be obvious, but it sure went over the head of the Fast Company writers. If
you want to compete with Dell, 'all' you have to do is match or exceed their innovation in
manufacturing and service, and do so with innovative products. To find an example that illustrates
this, we need look no farther than, yet again, Apple. Forget their PC business for the moment. In the
music business, in which both Dell and Apple are competing, Apple is the hands–down winner.
While Dell has relied on their previously successful formula of efficient process, but boring
design,Apple has triumphed on both fronts in their iTunes and iPod product lines. Apple not only
dominates the music market, their sales in that sector now exceed those of their PCs – transforming
the very nature of the company, to the point where the tag–line on their new iMac computer is,
"From the company that brought you the iPod." This, despite the iPod being launched only in 2001
– 24 years after their first computer, the Apple II, in 1977! Let's look at another aspect of all of this,
the difference between 'innovation' and 'invention'. The closer one gets to Route 128 in Boston and
Silicon Valley, the more it seems that people confuse the two. Too often the obsession is with
'inventing' something totally unique, rather than extracting value from
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13. The Greatest Invention Of My Lifetime
The word invention has been derived from a Latin word "Invenire" meaning "discover", so the word
invention means to discover something unprecedented. Every human being has experienced some
sort of invention in their life that has made their lives easier and they might consider that invention
as the greatest invention of their life. I too have experienced a similar interest which I consider as
the greatest invention of my lifetime mainly because it has made my life much easier, that invention
is computer. It is evident how life has changed since technology has been introduced in the human
life. When we think of technology the first thing that comes to our mind is the image of a computer.
Computer is an electronic device used for storing and processing data, typically in a binary form,
according to the instructions given to it in a variable program. Computers make our lives totally
distinctive. Our current generous improvement is because of computers in numerous ranges. Case of
these zones are business, pharmaceutical, environment, innovation, instruction furthermore our day
by day lives. Computers are a standout amongst the hugest components to make our present day
society. I might want to address the advancement of computers innovation by utilizing a short history
which is the change of computers, and the essentialness of computers by examining their utilization
in the territories of our day by day lives and in business world.
First of all, one of the most earliest computer
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14. Greatest Invention Essays
What is the greatest invention of all time?
Throughout time there have been lots of new inventions which have both hindered and helped
everyday life with humans. There are many different possible world's greatest inventions because
they have all helped out humankind in some way, some more than others.
I think that the greatest invention of all time is Harnessed Electricity. Some may argue that this was
not an invention it was a discovery but although electricity itself was a discovery there was still the
invention of had to use it and what it could be used for. I think that electricity is very important to
human life because it would be nearly impossible to do anything we do today. If we didn't have
electricity a lot of things would...show more content...
I believe that the use of electricity in healthcare is more important than the use of penicillin because
of the x–rays, MRI scans, life support machines, cat scans, ultrasound, surgery lighting, heart rate
monitors, incubators and loads of other much needed specialist equipment. This equipment has
over the years helped to save millions of lives and although penicillin helps to treat the odd few
illnesses it doesn't help to run a well equipped hospital which saves even more lives with the billions
of people who visit a hospital every year.
Without electricity there would be no light and it would constantly be dark from around 4pm ever
day. This would restrict most people from doing things because as soon as it was dark they would
have to go to bed because there would be no lighting. Nobody could go out after dark as there
would be no street lights on the roads and houses would have to be lit by candle light which
wouldn't give of the strength of light that a light bulb does now. Yet again it would be exactly like
living in the dark ages.
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15. Importance of Early Invention Essay
Importance of Early Invention
Early childhood researchers have repeatedly found and established that the rate of human learning
and development is most rapid in the preschool years. Therefore, if the child's most teachable years
are not taken advantage of, it could result in the child difficulty of learning a particular skill at a later
time (Kidsource, 1996). Karnes and Lee (1978) have noted that, "only through early identification
and appropriate programming can children develop to their full potential" (Smith, 1988). One of the
most important skills young children must learn during their early childhood years is how to
expressively communicate. "At least 70% of preschool children with disabilities have
communication impairments...show more content...
These children are often indistinguishable from non–handicapped classmates years after intervention.
Children and their Families
Common problems before intervention
Services that are available to handicapped children today are much better than they were twenty–five
years ago, but nevertheless, services are still short in supply and low in quality, or worse,
dehumanizing, as many of our institutions are. Parents are often unaware of signs their children may
show of lack of development. Therefore, if the child's disorder isn't caught until they begin school,
they will surely fall behind the majority of their peers. Those parents who do recognize a problem
often encounter a gulf of non–assistance as they look for services within the community. "It is
inevitable that they will feel the message: Society does not view their children as worthy of
investment; in fact, it disdains those with certain handicaps" (Guralnick, 2000). The parents often
feel devalued and stress begins to build upon their shoulders. Parents must seek out and make sense
of an enormous amount of information if they really want to help their child to overcome their
developmental delay. This may stress the family out because they do not know who to turn to,
where to get help, or what the best options are. The diagnostic and assessment process is
extraordinary stressful and can easily challenge a family's coping resources. It is often
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16. The Inenvention of the Wheel Essay
The Invention of the Wheel
The invention of the wheel is the single most important invention in the world. The wheel did not
only shape our world in transportation but it helped evolve many inventions. The wheel is estimated
to have been invented in 3500 B.C. (Reynolds). There have been many changes to the wheel that
have made it a more advanced invention and changed into newer inventions. The wheel has shaped
our world geographically, economically, and culturally.
The evolution of transportation became capable with the invention of the wheel. Without the wheel
the wagon would never had been invented (Reynolds). The invention of the wagon was the first of
many inventions that came from the wheel that helped the transportation of goods...show more
content...
There are many inventions that use the same basic idea as the wheel.
The pottery wheel never would have been invented if the wheel was never developed. The pottery
wheel is an invention that has simply changed a few things about the wheel to make it work. The
potter's wheel is estimated to have been invented in 3000 BC and is a very important feature to
the culture of nearly every country (Bryant). Pottery is one of the only ways we can tell how the
ancient towns had worked. Many archeologists work for weeks if not months to try to dig up
ancient pottery so that we can better understand the ancient culture. Pottery is not the only thing
that the wheel affected. The wheel also helped the sport of racing become a big part of our
culture. On April 23, 1911 the world first of the world's fastest mile was completed in 25 seconds
(Carter). This was the start of many races in the US. Today without the ever being invented the
sport of NASCAR never would have been thought up. Many people in the US enjoy watching this
port and have made it a huge part of their life. The wheel is not only a great invention put it has
shaped our would in so many different ways.
The wheel has not only been changed many times but it has evolved into the greatest invention of
man kind. The wheel has helped the world economically, geographically, and culturally for the
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18. The Invention Of The Airplane Essay
As technology has developed throughout the years, many forms of transportation have been invented
and thoroughly advanced. The airplane is one of the inventions in transportation. The invention of
the airplane is credited to Wilbur and Orville Wright, brothers from Dayton, Ohio. The Wright
brothers were the first to successfully fly a sustained, controlled, powered, and manned airplane,
which took place on December 17, 1903 (Crouch & Jakab, 2003, p.131). Throughout World War I,
the demand for airplanes grew; consequently, production and engineering rapidly improved
(Crouch, 2003, p. 198). With the development of airplanes, airplanes went from a sport for the
wealthy to a functional, efficient aircraft for carrying mail and passengers. Today, airplanes are
used throughout the world for business and commercial purposes, as well as in the medical world
(Woolford & Warner, 2015, pp. 150
–255). The invention of the airplane has been a benefit to society.
Airplanes are a benefit to society because they have increased businesses opportunities by a
significant amount. The first sources of airplane business were through airmail. According to Dick
and Patterson (2003), a quote from the first few pilots to send mail on September 9th, 1911 reads,
"We believe this important event will become historical, and its development will lead to a
revolution in the present modes of conveying communications between the peoples of the world."
This quote illustrates that from a very early
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19. The Invention of Modern Technology
The invention of modern technology has affected the lives of individuals from the immersion and
creation of the Internet to mobile devices to smart phones. It has made communication between
people to people faster, more accessible, and easier. Modern technology has created the end of
distance thus making the world a smaller place in terms of making connections and communication.
For example, a person from the United States may connect to somebody else across the ocean
with just a single phone call, a Skype or video camera meeting, a text, or even an instant message
online. Distance is no longer a dilemma, a problem, and a barrier to create communication.
However, it is because of such technologies, the creation of new and more advanced software has
taken place. At first it was the video camera that allowed the person to take pictures and see the
other person via Skype as long as both parties had the device and Internet connection. Next,
computers and laptops came packaged with a built in video camera allowing for easier access and
communication. However, technology has stepped up and advanced the field of communication by
allowing and building video camera abilities through the smart phone like the Apple iPhone.
Therefore, as long as one party as an iPhone and the other person has video camera accessibilities,
they can chat and see each other when one person is on the road, and the other is stationed
somewhere. As aforementioned, the distance has become increasingly smaller
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20. The Invention Of An Invention
Innovation It is imperative to distinguish between invention and innovation. An invention is the first
appearance of an idea for a new product or process while innovation to attempt to put the new idea
into practice. It is the transformation of an invention into a new product or process and its
commercial and social exploitation. Thus, to turn an invention into an innovation, a firm, requires
combining numerous types of knowledge, skills, capabilities, market knowledge, a properly
functioning distribution system and sufficient finances. In a firm the sources of innovation can be
both internal and external. The former includes research and development, design, tooling up and
marketing while the later are capital goods and equipment, consultancy, licences and acquisition of
patents and scientific literature
Schumpeter defines innovation as "new combinations" of existing resources. He called the work of
combination "the entrepreneurial function" which is to be accomplished by entrepreneurs. One
major reason for the invaluable role played by entrepreneurs to make sure that innovation gained
ground was the widespread resistance to change in the society. Thus, the individual entrepreneur
has to curve his position in the market so as to succeed in his venture. (Fagerberg 2006). The
purpose of carrying out of new combinations of resources is to to facilitate: one, to introduction of a
new good. The consumers are not yet familiar with this type of goods or the new quality of the
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