Innovation
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Questions and Answers

According to ISO TC 279, innovation is defined as

  • The introduction of new goods or services
  • The redistribution of value
  • The practical implementation of ideas (correct)
  • The improvement in offering goods or services

    • What is a common element in the definitions of innovation?

  • Focus on newness
  • Focus on improvement
  • Focus on spread of ideas or technologies
  • All of the above (correct)

    • How is innovation different from invention?

  • Innovation involves the practical implementation of an invention (correct)
  • Invention is more apt to involve the practical implementation of an innovation
  • Innovation requires a new invention
  • Invention and innovation are the same

    • What are some examples of how innovation often takes place?

    <p>All of the above</p> Signup and view all the answers

    How does technical innovation often manifest itself?

    <p>Through the engineering process</p> Signup and view all the answers

    Which of the following best defines innovation?

    <p>The focus on newness, improvement, and spread of ideas or technologies</p> Signup and view all the answers

    What is the relationship between innovation and invention?

    <p>Innovation is more apt to involve the practical implementation of an invention</p> Signup and view all the answers

    According to ISO TC 279, how is innovation defined?

    <p>A new or changed entity realizing or redistributing value</p> Signup and view all the answers

    What is a common element in the definitions of innovation?

    <p>Focus on newness, improvement, and spread of ideas or technologies</p> Signup and view all the answers

    How does technical innovation often manifest itself?

    <p>Through the engineering process</p> Signup and view all the answers

    Study Notes

    Innovation Definition

    • According to ISO TC 279, innovation is defined as the implementation of a new or significantly improved product, process, or method.

    Common Elements of Innovation

    • A common element in the definitions of innovation is the implementation of something new or significantly improved.

    Innovation vs. Invention

    • Innovation is different from invention in that innovation involves the implementation of a new or improved product, process, or method, whereas invention is the creation of a new idea or product.

    Examples of Innovation

    • Innovation often takes place through the development of new products, services, or business models.
    • Innovation can also occur through the improvement of existing products, services, or processes.

    Technical Innovation

    • Technical innovation often manifests itself through the development of new technologies, systems, or tools.

    Innovation Definition

    • Innovation can be best defined as the implementation of a new or significantly improved product, process, or method.

    Innovation and Invention Relationship

    • There is a close relationship between innovation and invention, as innovation often builds upon inventions to create new or improved products, services, or processes.

    Technical Innovation Manifestation

    • Technical innovation often manifests itself through the development of new technologies, systems, or tools.

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    Description

    Test your knowledge on innovation and its practical implementation with this quiz! Explore different definitions of innovation and learn about its role in introducing new goods or services and improving existing ones. Get ready to discover the key elements and concepts associated with innovation.

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