In the 1990s, DuPont used its knowledge of plastics to develop biodegradable plastic products. This is an example of

Question

Quizplus · Accepted Answer

By defining the strategic envelope, the scope of the innovation efforts of a firm, firms ensure that their innovation efforts are not wasted on projects that are outside their domain of interest. In the early 1990s, DuPont sought to use its knowledge of plastics to identify products to meet a growing market demand for biodegradable products. By trying different applications and formulations demanded by customers, the company was finally able to create a product that could be produced economically and had market appeal.

In the 1990s, DuPont Used Its Knowledge of Plastics to Develop