Industrial firms innovate to boost performance and quality, driving market success.
The article discusses how industrial firms innovate by creating new products and improving processes. The researchers surveyed companies in Romania to understand their innovation strategies. They found that developing new products can improve a company's performance. To succeed in innovation, companies need to understand customer needs, attract innovative people, and use new technologies. The firms believe that creating new products will enhance the quality of their offerings and want to see more entrepreneurial culture in education.