Skip to content
‹ Back to IndustriesEngineering & Construction

Innovation vs. Invention with Mike Wilkinson

Mike Wilkinson, the founder and CEO of Paragon Innovations, sheds light on the distinction between innovation and invention. Inventions are groundbreaking creations that introduce entirely new concepts or technologies, while innovations involve improving existing ideas. Differentiating between the two is crucial for approaching projects with clarity and purpose. Inventions defy planning and scheduling, while innovations…

This story was produced through MarketScale. See how Engineering & Construction teams put it to work with Partner & Channel Enablement.

Share

Free workspace

Turn your Engineering & Construction expertise into content.

Record interviews, organize footage, and write with AI on a free trial of the MarketScale platform for qualifying companies. No demo required, no credit card.

Try it Free

Mike Wilkinson, the founder and CEO of Paragon Innovations, sheds light on the distinction between innovation and invention. Inventions are groundbreaking creations that introduce entirely new concepts or technologies, while innovations involve improving existing ideas. Differentiating between the two is crucial for approaching projects with clarity and purpose. Inventions defy planning and scheduling, while innovations can be more accurately approximated in terms of timelines and expectations. Wilkinson’s insights provide valuable guidance for aspiring entrepreneurs navigating the dynamic landscape of innovation and invention.

Video TranscriptExpand ↓

So Mike, let's break down the difference between innovation and invention. Now innovation is in your company's name. So I think you have a pretty good idea of what what you mean by innovation. So from your perspective, how are those two things different in and invention? Very good question. So, you know, the company is named after innovations because I think that's what we do. Inventions are often misused word, I think. Invventions are true things that were created that were never done before So the internal combustion engine, the light bulb, these are these are inventions. The iPhone, as much as I love the iPhone, I love my iPhone Apple stock. In my book is not an invention, but it's a very good innovation of a cellular portable handheld device. And so I define those two very differently. One is a creation that's invention, innovation taking something and making it better and better and better? Is it important to distinguish between the two just in terms of your understanding so that you're approaching it from perspective of, if it's an innovation, you acknowledge what's come before and say, this is what I will do better and set out to do it. Where an invention really is something that has never been done before, but is it important to distinguish between the two just in terms of your overall goals and your attitude towards a project? It is because I don't think you can plan and put on a gantt chart an invention. You know, Edison tried nine hundred ninety nine times as they say and and found those ways not to create a light bulb. And then finally, on the thousands try or whatever, he he came up with a light bulb. I'm sure you couldn't put that to a gantt chart as to when it would actually occur. In innovations on the other hand, we we know the technology, and we know how long it's gonna take, and we can do a much job of approximating how long it takes to make the next generation of a given type of product.

Your experts belong here

Every story in MarketScale Engineering & Construction starts with a company putting its project engineers, superintendents, and estimators on the record. Buyers are already reading this topic. The only question is whose experts they find.

Owners shortlist firms they already trust, and your field leaders become the reason your name is on that list.

Book DemoSee how it works15 minutes, straight to a calendar.
B2B Weekly

The week in Engineering & Construction, and sixteen other industries, every Monday.

Ten stories, one-line takes, five minutes. Free.

Engineering & Construction: are you visible to AI?

Before they reach out, Engineering & Construction buyers ask AI engines which vendors to trust. Explore how your experts, customers, and partners can become useful content for buyers and AI search.

Free Trial

You just read one Engineering & Construction expert. Your company is full of them.

This article was produced through MarketScale. The same platform turns your project engineers, superintendents, and estimators into the articles, video, and social content Engineering & Construction buyers are searching for. Start a free trial and see it with your own people. For qualifying companies, no credit card, no demo required.

NPS +73 · 1,000+ creators · 38+ countries

What your free trial includes

Hands-on access to the MarketScale platform
Media requests to your crowd, remote recording, AI writing tools
No demo required. No credit card.
For qualifying companies. Company confirmation required.

More Engineering & Construction Insights

EPA’s $251M loan helps fund first local supply for 105,000

EPA’s $251M loan helps fund first local supply for 105,000

EPA approved a $251 million WIFIA loan for the Pure Water Project, an advanced purification plant in Los Angeles and Ventura counties expected to add capacity and reliability for about 105,000 customers and provide the region’s first local water supply. Under WIFIA terms, deferring principal until construction is substantially complete is expected to save about $13.6 million.

  • 01The $251 million Pure Water loan includes deferred principal payments following substantial completion of construction, a structure EPA expects to save about $13.6 million over the life of the loan.
  • 02For a utility planning potable reuse, the repayment calendar is a benchmark worth asking for alongside the interest rate and the loan size.

Sep 27, 2026

RIEGL's miniVUX-4UAV drone lidar scans up to 150 times a second

RIEGL's miniVUX-4UAV drone lidar scans up to 150 times a second

In a 120-degree field of view, RIEGL's new miniVUX-4UAV drone lidar captures up to 133,333 measurements a second at up to 150 scans a second. RIEGL lists 12 mm accuracy and 8 mm precision.

  • 01The miniVUX-4UAV’s upgrade targets its 120-degree field of view, with up to 133,333 measurements a second and up to 150 scans a second. RIEGL’s product page lists the miniVUX-3UAV at up to 100,000 measurements a second at 120 degrees and up to 100 scans a second.
  • 02The scanner's 12 mm accuracy and 8 mm precision are sensor figures. Finished-survey accuracy still depends on the GNSS/IMU, calibration, flight geometry and processing, so the RiLOC-E-25 versus RiLOC-F choice matters more with a sharper scanner.
  • 03On the full datasheet, check the miniVUX-4UAV’s maximum range. The miniVUX-3UAV lists maximum ranges of 170 to 330 m across 100 kHz, 200 kHz and 300 kHz settings (depending on target reflectivity).

Sep 27, 2026

Cat expands autonomous Cat 775 haul trucks to two more Luck Stone sites

Cat expands autonomous Cat 775 haul trucks to two more Luck Stone sites

Luck Stone and Caterpillar are expanding autonomous hauling to two fleets of Cat 775 trucks at Luck Stone's Boscobel and Bealeton sites in Virginia. Autonomous trucks have hauled more than 3.5 million tons at Bull Run since November 2024.

  • 01Luck Stone will add fleets of autonomous Cat 775 haul trucks (71-ton payload) at its Boscobel and Bealeton operations in Virginia.
  • 02Self-driving haul trucks have moved more than 3.5 million tons at Luck Stone’s Bull Run quarry since November 2024.
  • 03Luck Stone and Caterpillar announced an agreement in December 2022; Bull Run launched in November 2024, with testing and validation to follow, and the expansion adds Cat 775 fleets at two more sites.

Sep 26, 2026

Explore More Engineering & Construction Insights

Read more expert perspectives from across Engineering & Construction.

Browse Engineering & Construction Hub

For B2B teams

Your experts could be publishing here

Stories like this one run on content MarketScale captures from real practitioners. See how your team's expertise becomes coverage in Engineering & Construction and beyond.

Book a Demo

Or call us. No forms required. We pick up. 214-945-2512