Reflection on innovation concepts
Instructions
The attached paper explains several innovation concepts BUT NOT reflecting it to certain sector (organization) need more explanation on how you will apply each concept in your work.please check item 3 in the attached guideline.
Answer
Insights of Innovation ConceptsIntroductionInnovation is all about creating something new or improving existing methods or practices. It can be a new product or service, workflow improvement, or anything that can improve a business image in a new way (David Bier (2007). Therefore, innovation relates to changes that have a significant impact on the structural changes in an individual industry and market segment. This paper discusses insights into innovation concepts from various scholars. It contains reflections and reviews of the scholarly articles and my thoughts on the subject of innovation. It explains how my understanding of innovation has changed after reading the articles, how innovation impacts organizational vitality, competitive advantage, sustainability, and the essen...
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