Are they very closely related? (innovation and productivity)
Apr 14, 2017 5:34 PM
Comments · 1

Innovation is developing a new method, product or Idea.

 Example: New innovation has developed an artificial heart device to extend a person's life.   

Productivity is not developing (innovating) something new.  It is the amount of products made, usually in a set amount of time.

Example: A company builds 25 computers a day.  (Low Productivity)

A company builds 25,000 computers a day. (High Productivity) 

Note: If the company only has one employee, maybe 25 computers is high productivity.  

Productivity is based on the situation.  


April 17, 2017