The connection between invention and innovation is
A)they are exactly the same.
B)they have nothing in common.
C)innovation is the commercialisation of invention.
D)largely a matter of personal opinion.

Question

Quizplus · Accepted Answer

Invention refers to the creation of a new product or process, while innovation refers to the successful commercialization of an invention. In other words, innovation involves taking an invention and turning it into a successful product or service in the marketplace. Therefore, option C is the best choice as it accurately describes the relationship between invention and innovation. Option A is incorrect because invention and innovation are not exactly the same, although they are related. Option B is also incorrect as there is a clear connection between invention and innovation. Option D is incorrect because while personal opinion can play a role, the relationship between invention and innovation is generally accepted in the business world.

The Connection Between Invention and Innovation Is