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Questions and Answers
What is the importance of innovation according to the text?
What is the importance of innovation according to the text?
- It is only relevant for technological industries.
- It is key to the economic development of any company, region, or country. (correct)
- It primarily leads to the decrease in sales of older products.
- It has no significant impact on economic development.
What are breakthrough innovations according to the text?
What are breakthrough innovations according to the text?
- Common innovations that don't have a significant impact.
- Extremely unique innovations that establish the platform for future innovations in an area. (correct)
- Innovations that are usually unprotected and freely available for anyone to use.
- Innovations that have no influence on further development in an area.
What do inventions and innovations serve as according to the text?
What do inventions and innovations serve as according to the text?
- Obsolete components of economic development.
- Building blocks of the future of any economic unit. (correct)
- Barriers to the development of new technologies.
- Hindrances to the growth of old industries.
What happens to older products/services as technologies change according to the text?
What happens to older products/services as technologies change according to the text?
Why are breakthrough innovations usually protected according to the text?
Why are breakthrough innovations usually protected according to the text?
What is the importance of breakthrough innovations?
What is the importance of breakthrough innovations?
Why do older products/services decrease in sales as technologies change?
Why do older products/services decrease in sales as technologies change?
What role do inventions and innovations play in the economic development of a company?
What role do inventions and innovations play in the economic development of a company?
Why are breakthrough innovations usually protected?
Why are breakthrough innovations usually protected?
What is the impact of technologies changing on old industries?
What is the impact of technologies changing on old industries?
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