Describe the difference between invention and innovation

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Reference no: EM133737308

Questions:

1. Describe the difference between invention and innovation.

2. Explain the importance of new product development, It has especially for technology-driven organisations like ARM.

3. Analyse the challenges businesses face when undertaking ised large-scale research and development.

4. Evaluate how far its partnership approach to research and very development gives ARM a competitive advantage.

Reference no: EM133737308

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