Evaluation:
Published: 27.01.2005.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Innovations and Growth', 1.
  • Essays 'Innovations and Growth', 2.
  • Essays 'Innovations and Growth', 3.
Extract

Introduction
Technological development and technological innovation exercise an increasingly important influence on firms and their success. Regardless of the industry sector, no firm can today ignore technological trends, if they wish to remain competitive and succeed in the long term. It is therefore important for managers to understand the dynamics of innovation and technological development, as well as the implications of these for the design and implementation of firm-level competitive strategies.

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