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The Importance of Innovation in Business

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What are the mindsets of countries such as China and India, which were once viewed as merely emerging and now are considered quite viable, toward innovation? Why should emerging countries such as China and India be recognized as very capable competitors today? What opportunities and threats do these global competitors pose to the global marketplace? Why will innovation be important to the United States after being viewed as a successful competitor in the global environment?

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This solution describes the importance of innovation in business.

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The mindsets of countries such as China and India towards innovation, are that any innovations that are necessary for success will be made and utilized effectively and efficiently. Emerging countries such as China and ...

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  • Criminal Justice, Elizabeth City State University
  • Master of Public Administration, North Carolina Central University
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