Which of the following is not a means of acquiring product and process innovations?
A)Independent research and development.
B)Mass production of the existing product.
C)Reverse engineering.
D)Hiring employees of innovating firms.

Question

Quizplus · Accepted Answer

Mass production of an existing product is not a means of acquiring product and process innovations. It is simply a process of replicating an already existing product on a large scale to meet market demand. The other options - independent research and development, reverse engineering, and hiring employees of innovating firms - are all proven ways of acquiring product and process innovations.

Which of the Following Is Not a Means of Acquiring