Question: What effect does innovation have on industry evolution and the companies that compete? It accelerates the industry life cycle. It freezes equilibrium. It removes fragmentation
What effect does innovation have on industry evolution and the companies that compete?
It accelerates the industry life cycle.
It freezes equilibrium.
It removes fragmentation from the industry.
It increases barriers to entry.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
