IT-Based Business Innovations: Opening Statement

by Borys Stokalski

The capability to out-innovate the competition is becoming increasingly critical to business success. Taking innovation risks can lead to spectacular success, such as the Japanese DoCoMo mobile network, Google, and personal computers. But sometimes attempts at innovation become catastrophic failures and rise to the surface of public awareness. Examples of disastrous innovations include obsolete satellite networks and vastly overpaid-for new-generation mobile network licenses.

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IT-Based Business Innovations: Opening Statement November 2004