3.3 – Creating innovation
Why is this important?
Innovations are what drives development. Without innovation, businesses would not be able to change the products and services we know today and would be at risk of losing in competition with others. The Internet is an innovation, mobile phones are an innovation, and self-service shops are an innovation. Where would we be today without these and many other innovations? If we want to achieve value creation in businesses and deliver better public services, we still need to innovate.