NY Times: Business reorganization affects innovation
07 Dec 2004

NY Times: Business reorganization affects innovation

Article link: Innovation and disruption still going

07 Dec 2004

Article link: Innovation and disruption still going hand in hand

The New York Times reports that “the cutthroat environment of ever increasing competition could actually hinder future technological advances.” The drive for innovative business models in an increasingly deregulated and globalized environment creates rapid continuous change in the global economy. An American school textbook publisher, for example, must now generate most of its material in New Delhi to remain competitive. But funding for new technology development has significantly decreased since the 1990’s. The article suggests business reorgination in favor of competitiveness causes companies to no longer consider the “long view” of their development strategies. In exchange for competitiveness today, companies are neglecting innovative technological development.

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