Which of the following would be classified as an innovation?
A)Edwin H.Land perfects the single-step photographic process in 1947.
B)Polaroid markets the single-step film in 1948.
C)Thomas Alva Edison perfects the incandescent lamp with carbon filament in 1879.
D)In 1803, Robert Fulton constructs his first small steamboat in Paris.

Question

Quizplus · Accepted Answer

Innovation refers to the introduction or improvement of a product, process or service that is new or significantly improved. In this case, Polaroid marketing the single-step film in 1948 is the innovation as they introduced a new and improved product to the market. The other options involve perfecting an existing product or inventing a new product, but not necessarily introducing an innovation.

Which of the Following Would Be Classified as an Innovation