It may seem obvious to some, but the line between an idea or invention can become blurred in the rush to make that first million. So, how do you know whether all you have is a basic idea or an actual invention. InventSAI Press Room defines the difference:
An Idea is generally defined as â€œa formulated thought,â€ while an Invention is â€œa device, contrivance, or process originated after study and experiment.â€ An Idea is a thought. An Invention is a device. An Idea cannot be touched. An Invention is a physical object. An Idea does nothing more than stimulate further thought and discussion. An Invention performs a task. Ideas are therefore not Inventions, but an Idea needs to exist before there can be an Invention.
Photo by Anthony Storo
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