When the folks in charge of the MIX told me a few months ago that their next M-Prize would focus on the enable communities of passion moonshot, I was pretty stoked. In our little corner of the MIX, we're always looking for new ideas on how to inspire and build more productive communities. A little competition never hurts when you are trying to get the ideas flowing.
Innovation, simply defined, is the process that takes new ideas and implements them in a way that creates value. It's not the same thing as invention, which is an event that occurs at a distinct point in time, often resulting in a single product. Innovation is the extension of invention, the act of bringing things that are invented to market, repeatedly.