Innovation is
A) always financed by the government.
B) an invention financed by the sale of bonds.
C) the transformation of an invention into something useful.
D) an invention financed by the sale of stock certificates.

Question

Quizplus · Accepted Answer

Innovation refers to the process of taking an invention and turning it into something useful, such as a new product, service, or process. It does not necessarily imply any particular type of financing. While government funding or the sale of stock or bonds may be sources of financing for innovation, they are not essential components of the innovation process itself.

Innovation Is