If a firm invests in continuous innovation and willingly cannibalizes its existing products with more advanced products, the firm can:

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18-08-2017
Business

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If a firm invests in continuous innovation and willingly cannibalizes its existing products with more advanced products, the firm can:

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Erudite1 Erudite1 · Answer 1 · 2017-08-25T22:44:57+02:00

Erudite1 Erudite1

25-08-2017

The firm can PREVENT COMPETITORS FROM ACHIEVING A SIGNIFICANT TECHNOLOGICAL LEAD.
Continuous innovation will put a company at a competitive advantage compare to its competitors and will help a company to control a large market share..

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