Which of the following statements is true in the context of innovation as a tool for global growth?
A) Invention is the commercialization of a new innovation.
B) Innovations should necessarily build on new inventions.
C) Innovations are successful when based on organized plans.
D) Innovation is the combination of ideas to create something desired by customers.

Question

Quizplus · Accepted Answer

Innovation involves combining ideas in novel ways to create something that meets a need or desire of customers. It doesn't always have to be based on new inventions; it can also involve new methods, ideas, or products that add value.

Which of the Following Statements Is True in the Context