Tag: Innovation Management Market Industry

The Innovation Management process helps an Enterprises to identify an opportunity and use it to generate and introduce new ideas, concepts, processes, or products in the market. Innovation Management processes usually include recognizing customer needs, macro and micro trends

Innovation Management processes usually include recognizing customer needs, macro and micro trends, developing competencies, and discovering the financial support for new inventions in goods and services for better solutions. Innovation management is crucial for business survival and development in highly competitive markets, where it is very difficult to distinguish goods and services.