What is the difference between an innovative business and a traditional business? To be specific

In accordance with the requirements of the provincial high-tech enterprises, each year to apply to the 4-6 patents, R & D funds accounted for more than 4% of the year's sales, while the various industries have a variety of innovation funds and other government subsidies, according to the company's various innovative projects (transformation) to prepare the application documents.

The difference between innovation and tradition, the key lies in the annual change, there are new patents, R & D projects, the traditional type is just a year after year in the repetition of production, the lack of R & D activities. ====This answer has been very professional