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"The complexities of starting a new company is stifling innovation"
the skill and equipment use to improve the quality of product is technology and innovation is also the improvement of the product quality but in this we are not using the equipment only human skills are using in the innovation
Innovation is the modification of an existing product or process.
Innovation is the introduction of new ideas, methods, or things. Their company is interested in product design and innovation. We must promote research and encourage innovation.
because if we are not succsesfull in our plan and also in market and our product image has been removed from customes and consumers mind so we should make a change in our product because of this reason product innovation is more importan for us
Implementation is the process of making the process come to life. The innovation is new ideas that come into existence.
because if we are not succsesfull in our plan and also in market and our product image has been removed from customes and consumers mind so we should make a change in our product because of this reason product innovation is more importan for us
It means that the innovation of the product is lead by "new science" being developed, i.e. new technology leads to the production of a new product, as a pose to market pull innovation, where the market has a need, and science is developed to support the need.
A new method, idea, product, etc.
In the innovation process, an individual must conduct experiments to test the solution or product. Appropriate modification is done to improve the innovation during the trial period. The finished product is well characterized, and relevant information such as side effects or safety measures is available.
Innovation, Growth, Maturity, and Decline.
A company that is purely focused on its product & innovation, does not consider customer's desires or requirements and importance is kept on the product and nothing else.