The creation of a new product is referred to as:
A) Process innovation.
B) Independent research and development.
C) Product innovation.
D) Patent disclosure.

Question

Quizplus · Accepted Answer

The creation of a new product is referred to as product innovation. Process innovation refers to the improvement of an existing product or process, independent research and development refers to the development of new technologies or products by an organization without influence from government or other organizations, and patent disclosure refers to the process of revealing details about a new invention in order to obtain a patent.

The Creation of a New Product Is Referred to As