What is the impact of innovation on competitive advantage?
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What is the impact of innovation on competitive advantage?
Step by step
Solved in 2 steps
- How does the management of technology and innovation help a firm create value? Why should the firm strive to have a unique value proposition?What is Business Model Innovation (BMI)? How can it help businesses remain competitive?Why are some organizations facing difficulties to sustain competitive advantage?
- Why do leading firms fail to recognize and react to potentially disruptive innovations? How can a firm avoid the kind of blindness that leads to disruption?What is one emerging new innovation or trend that you think could have a major impact on our daily lives or a major impact on our economy in the future?How can an organization make its competitive advantages sustainable over time?