1. Which of the following best describes Innovation?
The successful development of a new product.
The thinking of novel ideas.
The management process of invention.
The process of conception, development, and commercialization.
None of the above
2. Most major innovations are the result of:
extensive market research.
extended efforts by experts in that field.
maverick scientists who stumble by accident on major new discoveries.
serendipity.
All of the above