Difference between successful innovation and unsuccessful innovation
Answers
Answered by
0
Hyy dear I hope it will help you...
Attachments:
Answered by
1
Successful innovation and unsuccessful innovation.
Explanation:
- Innovation is a new idea or creative thoughts and new imaginations and is often viewed as a better solution to the new and existing market needs.
- An innovation said to be successful, when it meets the customer needs and demands and has relevantly differentiated itself from the competitors as innovation must have at least one unique feature.
- Acceptance and explainability of the product innovation, Easy to test, and Easy to change and works in a legal framework.
- Innovation is said to be unsuccessful when it is a product fails on the market because as it does not have a real value or demand and therefore cannot find customers.
- It is a slow process and lacks the innovation strategy decision making.
- Has Insufficient information to take a decision.
Learn more about the successful innovation and unsuccessful innovation.
- brainly.in/question/6107242 answered by Cutiealeeza132.
Similar questions