Question: How does innovation occur? a ) Serendipity and random chance. b ) After R&D , businesses release new innovations into the marketplace, hoping they catch

How does innovation occur?
a) Serendipity and random chance.
b) After R&D, businesses release new innovations into the marketplace, hoping they catch on.
c) Consumers demand new features, which gets attention from businesses who develop products in response to this demand.
d) There is an endless cycle of feedback between advances in technology, science, etc. and the needs of society that creates push and pull factors between consumers and businesses.
e) All the above are true.

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