Asked by Shayan Patel on Jun 12, 2024
Verified
Innovation pertains to commercialization, while invention pertains more to scientific research.
Commercialization
The process of bringing new products or services to market, including the stages of development, production, and marketing to achieve wide consumer adoption.
Invention
A new method, idea, product, or process developed from study and experimentation.
- Differentiate between innovation and invention in the context of commercialization and scientific research.
Verified Answer
MW
Martine Williamson
Jun 14, 2024
Final Answer :
True
Explanation :
Innovation involves taking an invention or idea and bringing it to the market, focusing on commercialization and practical application, whereas invention is the creation of something new, often related to scientific or technological research, without immediate consideration for its commercial viability.
Learning Objectives
- Differentiate between innovation and invention in the context of commercialization and scientific research.
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