10 Types of Innovation #infographic

10 Types of Innovation #infographic

It's true that every business would be out there fighting for market share but you don't really want to be in a situation where rivalry is so intense that in the process any potential profit is lost — a scenario known as ideal economic competition.

To avoid absolute competition, companies must strive to build an economic moat that will give them a competitive advantage over time. While these protective fountains may come from different sources, they are most frequently derived from the power of creativity in today's knowledge economy.

10 Types of Innovation #infographic

infographic by: www.visualcapitalist.com

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