Invention and Innovation Worksheet

Front

Which of the following best describes invention?

Back

Developing something entirely new that did not exist before.

Front

Innovation is best defined as:

Back

The process of improving or applying an existing idea in a new way

Front

Which company is most known for continuous innovation rather than invention?

Back

Apple

Front

Give one example of a modern invention and briefly explain how it has changed people’s lives.

Back

Smartphone: Enabled instant communication and access to information

Front

Explain one way in which innovation can help a business gain a competitive advantage.

Back

By improving products or services to better meet customer needs.

Front

Which of the following is an example of a company known for innovation?

Back

Apple

Front

What are some possible outcomes of innovation in a business context?

Back

Improved efficiency, customer satisfaction, new markets

Front

How are invention and innovation connected?

Back

Invention creates something new; innovation improves or applies it for success.

Front

Which of the following is NOT typically a result of successful innovation?

Back

Decreased employee motivation

Front

Why is it important for invention and innovation to be connected in a business?

Back

Because invention creates new ideas and innovation ensures their practical application for success.