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A company gives talented staff free time to experiment and create new products and applications. Which form of innovation does this illustrate?

1 Answer

4 votes

Answer:

Product innovation

Step-by-step explanation:

When a company decides to diverge its existing resources (in this question is the talented staff free time) to invent and develop a new product, this is a form of product innovation. Product innovation might be either defined as the development of a new product, or introduction of new features/applications or improvement to the performance of an existing product.

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User Tlanigan
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