Which of the Following Countries Is an Example of an Innovation-Driven

question 50

Multiple Choice

Which of the following countries is an example of an innovation-driven economy?

• A)India
• B)Nigeria
• C)Portugal
• D)Mexico

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Definitions:

Designer Bags

High-end, often luxury bags created by prominent fashion designers or brands.

Market-Creating Innovation

Innovations that result in the creation of a new market by fulfilling an unserved or underserved need or desire.

Performance-Improving Innovation

Innovations that enhance the performance, efficiency, or quality of products or processes, thereby providing value to the organization and its customers.

Efficiency-Enhancing Innovation

Innovations that improve the productivity and performance of enterprises, often leading to reduced costs and increased quality.