Question

Innovation can best be defined as

Answer 1

Answer:

The cell (from Latin cella, meaning "small room") is the basic structural, functional, and biological unit of all known organisms. Cells are the smallest units of life, and hence are often referred to as the "building blocks of life". The study of cells is called cell biology, cellular biology, or cytology.

Explanation:

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Answer 2

Innovation can best be defined as the commercialization of a new product or process.

Innovation:

• Innovation is the application of concepts in a way that results in the creation of new products or services or enhances the provision of existing ones.
• Innovation is the invention of new goods, services, and markets; the acceptance, absorption, and exploitation of novelties with added value in the economic and social sectors; the creation of new production techniques; and the installation of innovative management structures.
• It is both a method and a result.
• Examples of innovation come in a wide variety of forms, including social innovation, incremental innovation, and open innovation, among others.
• The creation of commercial value is the goal of innovation.
• The value may be described in a variety of ways, including cost reduction, the development of completely new goods and services, and small adjustments to already existing ones.

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