Creativity is defined as
The ability to transcend traditional ideas, rules, patterns, relationships, or the like, and to create meaningful new ideas, forms, methods, interpretations, etc.; originality, progressiveness, or imagination: the need for creativity in modern industry; creativity in the performing arts.
Innovation is defined as
The act of innovating; introduction of new things or methods. The act of starting something for the first time; introducing something new. Something new or different introduced.