Identify and describe the 5 most significant product innovation challenges Australian SME's face over the next 5 years. To overcome these challenges Australian SMEs must implement best practices in the management of product innovation. What are these best practices and how should firms set about implementing them in a way that enables them to be successful at product innovation over the next 5 years. Provide references to academic journals, web sources and industry publications.

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Identifying and describing the five most significant product innovation challenges Australian SMEs face over the next five years requires an understanding of the current landscape and anticipated tren... View the full answer