innovation vs founding

innovation and founding both are nouns.

Word	Noun	Adjective	Verb	Adverb
innovation	Yes	No	No	No
founding	Yes	No	No	No

As nouns, innovation and founding are synonyms defined as:

innovation and founding: the act of starting something for the first time; introducing something new

Other synonyms of innovation include creation, foundation, initiation, instauration, institution, introduction, origination.

innovation (noun)	founding (noun)
the act of starting something for the first time; introducing something new	the act of starting something for the first time; introducing something new
a creation (a new device or process) resulting from study and experimentation
the creation of something in the mind