innovation pressure

What are the Sources of Innovation Pressure?

There are several sources of innovation pressure, including:
Market Competition: Competitors constantly launching new and improved products.
Technological Advancements: Rapid technological changes that necessitate new skills and capabilities.
Consumer Expectations: Increasing demand for personalized and high-quality products.
Regulatory Changes: New laws and regulations that require businesses to adapt.
Globalization: The need to compete on a global scale with diverse market needs.

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