What are the Advantages of innovation mangement?
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What are the Advantages of innovation mangement?
Step by step
Solved in 2 steps
- 1. Is innovation manageable or just a random gambling activity where you sometimes get lucky? If it is manageable, how can firms organize and manage it - what general prin- ciples could they use?Discuss at least 5-6 points on the advantages of innovation management.1. What is the difference between innovation and invention? 2. To what extent does each of these impact or influence the competitive advantage of an organisation?