INNOVATION AND CREATIVITY
INNOVATION IN ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Invention refers to the development of
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the alteration of out of date ideas/products/processes
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an existing idea/product/process
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a totally new idea/product/process
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None of the above
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Explanation:
Detailed explanation-1: -Invention is the creation of new products or processes. These can be completely novel and untried or may be derived from previous products, but with sufficient new features or technical attributes, that a firm can patent the design or copyright ideas included in the development.
Detailed explanation-2: -In India, invention means a new product or process that involves an inventive step, and capable of being made or used in an industry.
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