Innovative Firms Dominate Competitive Landscape, Disrupt Established Players
Companies need to be innovative to succeed in a competitive market. By analyzing and controlling competitive dynamics, firms can gain an advantage over their rivals. Being a pioneer in continuous change and development is crucial for staying ahead of the competition. Established companies can be overtaken by newcomers with innovative ideas. To thrive in a changing world, firms must focus on strategic innovation orientation to maintain their position in the market.