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Questions and Answers
According to ISO TC 279, how is innovation defined?
According to ISO TC 279, how is innovation defined?
- A new or changed entity realizing or redistributing value (correct)
- The practical implementation of ideas that result in the introduction of new goods or services
- The focus on newness, improvement, and spread of ideas or technologies
- The development of more-effective products, processes, services, technologies, art works or business models
What is a common element in the definitions of innovation?
What is a common element in the definitions of innovation?
- A focus on newness, improvement, and spread of ideas or technologies (correct)
- The development of more-effective products, processes, services, technologies, art works or business models
- A new or changed entity realizing or redistributing value
- The practical implementation of ideas that result in the introduction of new goods or services
How does innovation differ from invention?
How does innovation differ from invention?
- Innovation requires the development of more-effective products, processes, services, technologies, art works or business models
- Innovation involves the practical implementation of an invention to make a meaningful impact in a market or society (correct)
- Innovation focuses on newness, improvement, and spread of ideas or technologies
- Innovation is the introduction of new goods or services
What are some examples of how innovation takes place?
What are some examples of how innovation takes place?
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Do all innovations require a new invention?
Do all innovations require a new invention?
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