The two oval spinets are luxury items -- the novel product of a very skilled craftsman -- which alone would have made them expensive.

The company soon specialized in importing canned food, which at the time was a novel product.

But they are simply cells, not the novel products of applied research.

By contrast, business founders are for ever creating new organisations, and launching novel products and services.

Companies have also developed novel products such as yacn syrup and yacn tea.