INNOVATION AND CREATIVITY
INNOVATION IN ENTREPRENEURSHIP
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
A type of innovation that creates totally new product, service, or process
|
|
Invention
|
|
|
Extension
|
|
|
Duplication
|
|
|
Synthesis
|
Explanation:
Detailed explanation-1: -Radical innovation involves the creation of technologies, services, and business models that open up entirely new markets.
Detailed explanation-2: -Service innovation refers to a new or significantly improved service concept, product or process in a new or existing market.
Detailed explanation-3: -Sustaining, or incremental innovation. Breakthrough innovation. Disruptive innovation. Basic research. 07-Nov-2022
Detailed explanation-4: -Incremental Innovation. Incremental Innovation is the most common form of innovation. Disruptive Innovation. Architectural Innovation. Radical innovation. 29-Jun-2015
There is 1 question to complete.