The successful application of innovative technologies and systems is often difficult because it takes a lot of time, money, and effort to implement new technologies and adapt to them. Moreover, there is no guarantee that the risk will be successful. We know only the most successful companies who took a risk and succeeded, namely Apple, Tesla Motors; however, there are many cases when the organizations tried to become innovative, however, failed, namely Nokia and Kodak.
Why is successful application of innovative technologies and systems often difficult?
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Academic.Tips. (2022) 'Why is successful application of innovative technologies and systems often difficult'. 30 November.
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Academic.Tips. (2022, November 30). Why is successful application of innovative technologies and systems often difficult? https://academic.tips/question/why-is-successful-application-of-innovative-technologies-and-systems-often-difficult/
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Academic.Tips. 2022. "Why is successful application of innovative technologies and systems often difficult?" November 30, 2022. https://academic.tips/question/why-is-successful-application-of-innovative-technologies-and-systems-often-difficult/.
1. Academic.Tips. "Why is successful application of innovative technologies and systems often difficult?" November 30, 2022. https://academic.tips/question/why-is-successful-application-of-innovative-technologies-and-systems-often-difficult/.
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Academic.Tips. "Why is successful application of innovative technologies and systems often difficult?" November 30, 2022. https://academic.tips/question/why-is-successful-application-of-innovative-technologies-and-systems-often-difficult/.
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"Why is successful application of innovative technologies and systems often difficult?" Academic.Tips, 30 Nov. 2022, academic.tips/question/why-is-successful-application-of-innovative-technologies-and-systems-often-difficult/.