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Depends on the market and the product. The best way, in my view, is through product innovation by ambitious entrepreneurs who come up with a better solution. In
by cs702 3y ago
Depends on the market and the product. The best way, in my view, is through product innovation by ambitious entrepreneurs who come up with a better solution. Instead of trying to making the equivalent of a faster horse carriage at cheaper cost, they figure out how to make the equivalent of an automobile, rendering horse carriages obsolete.
- truculent 3y agoThis is a bit if a sidestep - how do you increase the rate of product innovation?