yes it does seem that we are not "innovating" as much, but its just a matter of perspective. u can say telephone is an invention, but u can also say its an improvement over telegraph, which may be an improvement over something else. similarly light bulbs are improvements over candles (both have a burning element).
but still there are that are being invented but as these are just under "development" or "prototype" stages, we dont hear much about them.
one such invention (or an improvement over other machines if u want to call it that) would be RepRap. its a machine that creates its own parts, automatically once it has been programmed and given the raw materials obviously, it effect it self replicates.
i also believe many of the things from science fiction stories might come true in recent years, like invisibility, laser guns, quantum computers, probably in the next 50-100 years even a time machine.
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ahh,.. and teleportation looks fancy and rather far fetched, but its has been "invented" , all you need to do is read the wikipedia article on quantum teleportation in which the process for teleportation of photons is described, we just need to scale it up a bit so we can teleport rather more meaningful objects, not easy but i am guessing it wont take more than our life times