Question: 1 what is technological innovation why it is so important...
Question details
1. What is technological innovation? Why it is so important? Give examples.
2. What do you mean by Gross Domestic Product (GDP) and externalities? Give
examples (both positive and negative).
3. How long does new product development take?
4. Why Strategic Management is important for technological innovation? What
are the components of a firm’s new product development process?
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