Innovation drives business growth and competitiveness from "summary" of The Business Book by DK
Innovation is a key driver of business growth and competitiveness. It is the process of developing new ideas, products, services, or processes that create value for customers and give companies a competitive edge in the market. By constantly innovating, companies can stay ahead of the competition, attract new customers, and grow their business. Innovation can take many forms, from incremental improvements to existing products or processes to disruptive breakthroughs that change the way we do things. Companies that embrace innovation are more likely to adapt to changes in the market, meet customer needs, and seize new opportunities for growth. Innovation is not just about coming up with new ideas; it...
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