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Industrial Strategy 2022

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Question:

What is the Innovate product vs innovate process issue of innovation?

Author: Hjalmer Pedersen



Answer:

Product innovation relates to the final product (or service) to be sold, especially with regard to its features. Process innovation relates to the way in which a product is produced and distributed


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Product innovation relates to the final product (or service) to be sold, especially with regard to its features. 

Process innovation relates to the way in which a product is produced and distributed
1 answer(s) in total