Most established companies focus on incremental innovation rather than radical innovation.

Question

Quizplus · Accepted Answer

Most established companies prioritize incrementally improving their existing products or services rather than pursuing radical innovation that could disrupt their current business model. This is because incremental innovation is less risky and more likely to produce tangible results in the short term, making it a safer bet for companies seeking to maintain their competitive edge.

Most Established Companies Focus on Incremental Innovation Rather Than Radical