Innovation is all about disruption. This forces businesses to evolve if they wish to remain relevant in today’s rapidly-changing economic climate. It is also a key factor in economic growth, without which enduring economic growth would be impossible.
So what exactly is innovation? The European Central Bank describes it as “the development and application of ideas and technologies that improve goods and services or make their production more efficient”.
Innovation is what keeps established enterprises from becoming stagnant, and it is in the DNA of all exciting startups.Innovation, when done properly, challenges old paradigms, develops new ways of thinking, improves quality […]
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