Incremental innovation will rarely create lasting value.

Question

Quizplus · Accepted Answer

Incremental innovation usually involves small improvements to existing products or processes, which may help to maintain market position and competitiveness, but are unlikely to create significant or long-lasting value. True innovation typically involves more radical or disruptive changes, which can create new markets, transform industries, and generate substantial economic and social impact.

Incremental Innovation Will Rarely Create Lasting Value