cutybrain9311 cutybrain9311

08-02-2020
Business

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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?

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anthonynguyen3006 anthonynguyen3006

08-02-2020

Answer:

Product innovation

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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