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Competition drove innovation from "summary" of The Idea Factory by Jon Gertner
The relentless competitive pressures of the time spurred new ideas and technologies at Bell Labs. As rival companies sought to gain an edge, Bell Labs responded with a flurry of innovations. The fear of falling behind or losing market share lit a fire under the scientists and engineers at Bell Labs, driving them to push the boundaries of what was thought possible. Competition forced Bell Labs to constantly reassess and improve their products and services. The need to stay ahead of the curve meant that complacency was not an option. This environment of competition created a sense of urgency and a drive to innovate that permeated throughout the organization. The competitive landscape also led to an exchange of ideas and knowledge between Bell Labs and other companies. Collaboration and partnerships were formed ...Similar Posts
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