Historian: Smarter sciences [link] beget smarter inventions and beget smarter innovations. "Invention" is used (misused?) to mean all sorts of things from raw and crazy new ideas to what is claimed in a valid patent. By "innovation" we mean the economic definition of something which creates new value.
Physicist: When we worked with inventors, funders would say we were foolish because "only one out of a hundred inventions ever creates any value" to which we would answer "that's why we need at least a hundred."