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1. Among the reasons why innovation strategy is important to companies/organizations, as a future entrepreneur/manager, select only one (1) that should be the most compelling reason, and explain your answer and cite a concrete example.

1. Among the reasons why innovation strategy is important to companies/organizations, as a future entrepreneur/manager, select only one (1) that should be the most compelling reason, and explain your answer and cite a concrete example.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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1. Among the reasons why innovation strategy is important to companies/organizations, as a future entrepreneur/manager, select only one (1) that should be the most compelling reason, and explain your answer and cite a concrete example. 2. Which specific industry or organization that the academic sector, for example, Central Luzon State University offering BS Entrepreneurship at the College of Business Administration and Accountancy, should have a collaboration and innovation network? Explain your answer in relation to the advantages of having an innovation network discussed by Innolytics. 3. Based on the several reasons why companies/organizations undertake research and development, select only one (1) and convey your insights to explain about it.
Transcribed Image Text:1. Among the reasons why innovation strategy is important to companies/organizations, as a future entrepreneur/manager, select only one (1) that should be the most compelling reason, and explain your answer and cite a concrete example. 2. Which specific industry or organization that the academic sector, for example, Central Luzon State University offering BS Entrepreneurship at the College of Business Administration and Accountancy, should have a collaboration and innovation network? Explain your answer in relation to the advantages of having an innovation network discussed by Innolytics. 3. Based on the several reasons why companies/organizations undertake research and development, select only one (1) and convey your insights to explain about it.
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