https://www.google.com/search?q=define+innovate which pulled it from http://dictionary.reference.com/browse/innovate
I think they do actually innovate, and I didn't even mention the ways they innovate in supply chain (super boring, but makes them a load of money).
So we agree they shape markets, but that doesn't mean that the innovate. They are two different things.
What's your source for your definition of innovate? I was intrigued by it, but a quick google search only turned up someone's blog for their homemade artisan bags: (http://www.jaxonbags.com/jaxon-bags/innovate-invt-make-chang...). If this is your source, then that's good for a chuckle. :)
P.S. I don't mean to be a jerk in my response. Just engaging in friendly banter.