Question: Why is an innovation based on technology alone often subject to intense competition?

Why is an innovation based on technology alone often subject to intense competition?

Step by Step Solution

3.34 Rating (154 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

An innovation based solely on technology is often subject to intense competition for several reasons Low Barriers to Entry In many cases technology innovations can be replicated or imitated relatively ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Information Systems Questions!