Which of the following statements holds true for user-led innovation?
A)It refers to the innovation by consumers, who are using (or want to use)the product in new ways beyond what the company originally intended.
B)It refers to companies setting up joint collaborative ventures with rival organizations to make improvements in the manufacturing process.
C)It refers to the implementation of a new or significantly improved process.
D)It refers to the innovation which is not patented by the organization and is offered for free for the common people to use.
E)It refers to companies setting up joint collaborative ventures with governmental organizations to make improvements in the manufacturing process.

Question

Quizplus · Accepted Answer

User-led innovation specifically refers to innovations initiated by users or consumers of a product or service, often leading to new ways of using the product that the original manufacturers hadn't envisioned.

Which of the Following Statements Holds True for User-Led Innovation