Skip to content
MarketScale
‹ 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

Get featured

Want to get featured in MarketScale Engineering & Construction?

Create a free MarketScale workspace and get your company's expertise featured across our Engineering & Construction coverage. No credit card, no demo required.

Request an invite

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.

Get your team featuredSee how it works15 minutes, straight to a calendar.

Follow Engineering & Construction Insights

Get new expert content in your inbox.

Engineering & Construction: are you visible to AI?

Before they reach out, Engineering & Construction buyers ask AI engines which vendors to trust. See how AI describes your company today, and where competitors show up instead.

Free workspace

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. Create a free workspace and see it with your own people. No credit card, no demo required.

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

What you get, free

Your own MarketScale Studio workspace
One video edit a month, on us
AI writing, editing, and publishing tools
In-platform coaching to learn the system

More Engineering & Construction Insights

Most MES programs are stuck at pilot scale, and that’s now an AI and cyber risk decision

Most MES programs are stuck at pilot scale, and that’s now an AI and cyber risk decision

A significant number of manufacturers have adopted Manufacturing Execution Systems (MES) but the majority are only in the pilot stage. According to Rockwell, 93% of these manufacturers implement MES, yet only 23% have achieved full integration across all sites, potentially increasing AI and cybersecurity risks. The operational gap between those who have fully integrated MES and those who haven't continues to grow.

  • 0193% of manufacturers have adopted MES technology.
  • 02Only 23% of manufacturers have fully integrated MES across all sites.
  • 03The lack of full MES integration may elevate AI and cybersecurity risks.

Aug 24, 2026

Community college engineering programs can lift persistence by 16 points, but state funding swings are becoming an operational risk for employers

Community college engineering programs can lift persistence by 16 points, but state funding swings are becoming an operational risk for employers

Community college engineering programs have shown a significant improvement in student persistence, with a reported 16-point increase. However, fluctuations in state funding, as evidenced by North Carolina's budget cuts, pose a risk to this progress. These budgetary changes can affect the stability and operational efficiency of such educational programs.

  • 01Community college engineering programs can increase student persistence by 16 points.
  • 02State funding swings, like North Carolina's budget cuts, are an operational risk for educational programs.
  • 0315 campuses reported enrollment and persistence gains in their engineering pathways.

Aug 24, 2026

Let's Get to Know Your Product - Donald Hillman

Let's Get to Know Your Product - Donald Hillman

Donald Hillman from Multi-Plastics discusses the importance of understanding the product fully. A deep knowledge of the product aids in better marketing and customer satisfaction.

  • 01Understanding a product deeply can enhance its marketability and improve customer satisfaction.
  • 02Product knowledge can play a critical role in identifying unique selling propositions and competitive advantages.

Aug 19, 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 15-minute demo

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