Innovation Management


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Why innovation is becoming more important


Technology is changing fast, new products come from new competitors

Fast changing environment, product lifetimes shorter, need to replace products sooner

Products are increasingly difficult to differentiate

Customers are more sophisticated, segmented and demanding, and expect more in terms of customization, newness, quality and price

Customers have more choice

New technologies no-one understands

Apparently separate technologies come together

Markets forming and changing fast

With markets and technology changing fast, and good ideas quickly copied, there is continual pressure to devise new and better products, processes and services faster






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Page last modified on February 16, 2000
Copyright 1999, 2000 by John Stark