It's good for any investor or business person to know where their company fits when it comes to the progression of innovation. Even if a certain company or product isn't new, at some point in time the business it's in was. Throughout history, innovations (whether they be technological inventions or innovations in business model) came about that performed a certain "job" better than the status quo. Most of these innovations didn't arrive spontaneously -- they were built upon or evolved from their predecessors.
The Progression of Innovation
The Progression of Innovation
The Progression of Innovation
It's good for any investor or business person to know where their company fits when it comes to the progression of innovation. Even if a certain company or product isn't new, at some point in time the business it's in was. Throughout history, innovations (whether they be technological inventions or innovations in business model) came about that performed a certain "job" better than the status quo. Most of these innovations didn't arrive spontaneously -- they were built upon or evolved from their predecessors.