In: Economics
Young, innovative or high-tech firms often adopt the strategy of ignoring history or trying to do something radically new. In what ways might this strategy help them? In what ways might this strategy hinder them?
Answer : Innovation, high tech ideas means creating more business process, product and ideas in logical and systematic manner. It means implemented new ideas, improving services and creating new product without concerned about history.
The different strategies that help are :
Hindrance of innovation strategy arev: