Practical sheet | REF: FIC1281 V1

The fundamentals of innovation management

Author: Jean DAUVERGNE

Publication date: December 10, 2013 | Lire en français

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4. Why innovate?

There are a number of factors that can influence a company's decision to innovate.

1/ The time factor

The context evolves over time: the "customer" is not a definitively fixed marketing entity. This is particularly true for the end customer (who, moreover, induces changes throughout the chain of intermediate customers); data influenced by the economic and societal context mean that the main determinants of purchasing behavior must be constantly updated (cf. Identify the exogenous factors in the innovation process sheet [FIC 1284]...

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