Business without innovation?

Could there be an industry/ business you don't expect to innovate?

Improvement and Innovation: Its Different

Its quite tempting to term each improvement as innovation. Some of the organization we have seen have even defined improvements as a stepping stone/ foundation for higher levels of innovations. Improvements can take us only that far and not any further.

To suceed, one must focus on 'Innovation'. The recent article (http://innovationtools.com/Articles/EnterpriseDetails.asp?a=571) at Innovationtools.com makes interesting point about it.

Do you agree?