The three fundamental types of innovation are
A) Process innovations, business model innovations, and scientific technologies.
B) Product innovations, business model innovations, and efficiency mechanisms.
C) Process innovations, business model innovations, and product innovations.
D) Scientific technologies, product technologies, and product innovations.
E) Scientific technologies, product technologies, and efficiency mechanisms.

Question

Quizplus · Accepted Answer

Innovation can result from combining things that are new or from combining existing things in new ways. The resulting innovation can be any one of these three fundamental types: product innovation, process innovation, and business model innovation.

The Three Fundamental Types of Innovation Are