Q18 Innovation

The aim of innovation management is to build and maintain competitive advantages through the use of innovations. To this end, it observes trends, identifies future-oriented technologies, evaluates them for suitability for the industry, initiates technology transfer and puts the project into series production.
Globalization has made competition tougher and rivals are growing. At the same time, the markets in developed countries are saturated. In such an economic situation, even a small innovation can mean a decisive advantage. Structured innovation management is therefore becoming increasingly important. Is your company specifically looking for innovations?

In context with:
Q:
Q06, Q13, Q15, Q19, Q20
T:
T13