It refers to the discovery of new ideas that provide new ventures, products, technology, and quality of goods?*originationconventionrenovationinnovation
Question
It refers to the discovery of new ideas that provide new ventures, products, technology, and quality of goods?
*origination
*convention
*renovation
*innovation
Solution
The term that best refers to the discovery of new ideas that lead to new ventures, products, technology, and improvements in the quality of goods is innovation.
Innovation involves the process of translating an idea or invention into a good or service that creates value or for which customers will pay. It can involve substantial changes or improvements to existing products or technologies, as well as the development of entirely new offerings. As a concept, innovation is crucial in driving economic growth, enhancing productivity, and improving the quality of life by offering novel solutions to problems.
In contrast, "origination" generally refers to the beginning or creation of something, "convention" pertains to established practices or norms, and "renovation" usually signifies restoration or updating of existing structures or ideas, rather than the introduction of new concepts.
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