Employees, not the firm's research and development department, are the number one source of ideas for new industrial products.

Question

Quizplus · Accepted Answer

Many firms rely on their employees to generate ideas for new industrial products, rather than solely relying on their research and development department. This is because employees often have direct and firsthand experience with the company's products, customers, and market, and can provide valuable insights and suggestions for improvement. Additionally, involving employees in the innovation process can foster a culture of creativity and collaboration within the organization.

Employees, Not the Firm's Research and Development Department, Are the Number