Answer:
Product innovation; process innovation.
Explanation:
As the exercise details, product innovation, as the name suggests, is the creation or new applications of technology to develop new products.
The process innovation, as the name also suggests, is the efficiency improvement of organizational systems such as manufacturin and operational. A good example of this would be: when the first TV was created, with new applications of techonology (product innovation) and, after some time, how the process started to improve (process innovation).