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What is meant by an innovation, and What are some factors that determine the rate at which a firm introduces innovations?

What is meant by an innovation, and What are some factors that determine the rate at which a firm introduces innovations?

150 words, no plagiarism, no point form. Thank you!
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Business-8098250.doc

The process by which an idea or invention is translated into a services or good for which people
will pay for that , or something that result from this process is called an innovation.
Factors that...

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