Invention and Innovation Flashcards
1
Q
Invention
A
Is the discovery of new products or new ways of doing or making something.
2
Q
Innovation
A
Is the process of transforming an invention into a product that customers will buy. It may be different application, that adds value.
3
Q
Patent
A
A ownership of new product or process. This stops the rivals form copying it for a set number of years.
4
Q
Copyright
A
Sue for damages if someone other copy their work.
5
Q
Trademark
A
Is a symbol or phrase that a company can register with the government to make their company distinctive.
