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Product & Service Innovation Characteristics

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1. There are specific characteristics of innovations that affect which innovations are adopted. Define those characteristics giving examples of products or services. (please provide 2 examples 1. product and 1. service.)

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The characteristics of innovation with examples are examined. The solution is 377 words with 2 URL links/references.

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Customers adopt a new product or service depending on a few characteristics that can help them use the new innovation. One of these characteristics is its relative advantage or its level of enhancement as compared to the existing related products or previous generation. Such as improved user interface, better service, cost saving, reduced environmental impact or increased customizability. The arrival of computers since the 1980s has greatly improved the productivity and ease in the way clerical tasks were done in the ...

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