NOVELTY

Novelty that is derived from Latin word novem for "new" is the quality of being new. Although it may be said to have an objective dimension example a new style of art coming into being, such as abstract art or impressionism, it essentially exists in the subjective perceptions of individuals.
CREATIVITY

Creativity is define as the act of turning new and imaginative ideas into reality. Creativity involves two processes : thinking, then producing. Innovation is the production or implementation of an idea. If you have ideas, but don't act on them, you are imaginative but not creative.
INNOVATION

Innovation is a new way of doing something. It may refer to incremental and emergent or radical and revolutionary changes in thinking, products, processes or organizations.
INVENTION

An invention is the discovery or creation of a new material (either a new manufactured product or a new composition or matter), a new process, a new use for an existing material, or any improvements of any of these.

