I imagine the main argument has to do with having enough surplus to innovate. That said of course there’s plenty of times where surplus doesn’t go to innovation.
The fact that a company has profit at all means there is surplus. They mean the same thing.
as a side note; "Innovation" in my view is not a reason in and of itself to do something. Its too nebulous a term to have real meaning. Like - how much innovating are 7-11's doing or most other commercial shops? Would that money be better spent elsewhere? What percentage of 'innovations' actually fail vs those that prove worth it? etc etc.