What is the main difference between innovation and invention?
Answer and explanation
Correct answer: नवाचार पुराने या नए विचार को उपयोगी रूप देता है, आविष्कार नई चीज बनाता है
Invention generally refers to creating a new device, process or idea. Innovation is broader: it involves applying a new idea or improving an existing one so that it creates practical value and is adopted. The two can overlap, but they are not always identical. Innovation is not limited to money, and invention requires creativity.
Frequently asked questions
What is the correct answer to this question?
नवाचार पुराने या नए विचार को उपयोगी रूप देता है, आविष्कार नई चीज बनाता है
Why is this the correct answer?
Invention generally refers to creating a new device, process or idea. Innovation is broader: it involves applying a new idea or improving an existing one so that it creates practical value and is adopted. The two can overlap, but they are not always identical. Innovation is not limited to money, and invention requires creativity.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
