This chapter summarizes the perspectives on Innovation and something that is often confused with it, Invention. Understanding the difference between innovation and invention is critical to overall goal setting and business success with positive influences on final speed-to-market. Through observation across the years, here is how we define innovation versus invention. The chapter provides four examples; two that clearly meet criteria for innovation and two that should be considered invention. Innovation examples are: World War II sugar rationing and twenty-first century demand for low cost “sugar” and Sweeteners continue their ingredient journey. Invention example is Food product development using a two-shift model. Built into any Strength, weaknesses, opportunities, and threats (SWOT) analysis are the generic elements of innovation. Mother Nature's “Toolbox” Mother Nature has offered a wide variety options to consider and thus, a complex set of tools and approaches to apply.