Novelty
For this word, i found the meaning from Wikipedia, which means the quality of being new. Although it may be said to have an objective dimension (e.g. a new style of art coming into being, such as abstract art or impressionism) it essentially exists in the subjective perceptions of individuals. It also refers to something novel; that which is striking, original or unusual. The term can have pejorative sense and refer to a mere innovation.
Innovation
The second point to consider is the innovation. This term in Wikipedia, means a new way of doing something. It may refer to incremental, radical, and revolutionary changes in thinking, products, processes, or organizations. According to http://www.realinnovation.com/content/what_is_innovation.asp, an innovation can be big or small. Brand-new or just a bit different, it doesn’t matter. An innovation can be clearly complex or seemingly simple. Innovations are often thought of in terms of technical achievement, but can also be a design. The type, industry and style of innovation are irrelevant; an innovation’s impact determines its qualification.
Invention
As usual, lets start finding the definition via Wikipedia first. An invention is the creation of a new configuration, composition of matter, device, or process. Some inventions are based on pre-existing models or ideas. Other inventions are radical breakthroughs which may extend the boundaries of human knowledge or experience.
Bill Gates, a public figure
This is the Bill Gates' avatar, created by me..
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