The innovation process is concerned with the various activities necessary to turn an idea ordiscovery into a commercial product or service which consumers will sell.

True

False

The integrated model of innovation is so called because:

Select one:

1.

Managers are integrated into the innovation process

2.

Most of the steps in the process take place simultaneously

3.

Specialist knowledge is integrated in the innovation process

4.

Most of the steps in the process takes place separately