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Innovation vs Competition - What's the difference?

innovation | competition |

As nouns the difference between innovation and competition

is that innovation is while competition is competition.

innovation

English

Noun

(en noun)
  • The act of innovating; the introduction of something new, in customs, rites, etc.
  • * {{quote-magazine, date=2013-06-21, author= Karen McVeigh
  • , volume=189, issue=2, page=10, magazine=(The Guardian Weekly) , title= US rules human genes can't be patented , passage=The US supreme court has ruled unanimously that natural human genes cannot be patented, a decision that scientists and civil rights campaigners said removed a major barrier to patient care and medical innovation .}}
  • *
  • A change effected by innovating; a change in customs;
  • Something new, and contrary to established customs, manners, or rites.
  • A newly formed shoot, or the annually produced addition to the stems of many mosses.
  • competition

    Noun

  • (label) The action of competing.
  • *
  • , title=(The Celebrity), chapter=8 , passage=The humor of my proposition appealed more strongly to Miss Trevor than I had looked for, and from that time forward she became her old self again;
  • (label) A contest for a prize or award.
  • The competitors in such a contest.
  • Antonyms

    * (action of competing) cooperation

    Derived terms

    * competitioner * economic competition