Question #1: Innovation and invention are essentially two different concepts that shape the progress of the journey that any product or service makes in its lifetime, and even though they are directed at the same goal of creation, there is a thin line that makes the two distinctive from each other, invention being creation of something new andinnovation being creation of something improved form its existing capability. Both are necessary for evolution ad adding benefits for mankind and involves rigorousinput of ideas and technology. When an inventor is motivated by the idea of creating something new and finds that eureka moment when he or she is charged withconfidence, technique, and required materials to begin the creation, it becomes technically an entrepreneurial moment, because this inventor is taking the responsibility of introducing something new for the