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For other uses, see Creativity (disambiguation). Creativity is a phenomenon whereby something new and somehow valuable is formed. The created item may be intangible (such as an idea, a scientific theory, a musical composition, or a joke) or a physical object (such as an invention, a literary work, or a painting).
â¢ Creativity is the act of conceiving or imagining something original. Innovation, on the other hand, is the implementation of something new or novel. It can be the implementation of a novel idea too. â¢ Creativity is a term that is often used in literature. Innovation is a term often used in management. â¢ Inventions in the scientific world are results of innovation. â¢ Both innovation and creativity have to come from within. â¢ Innovation is practical whereas creativity is all about experience. Further Reading: 1  Difference Between Creativity and Imagination.