Does competition drive innovation?

Competition drives innovation

Competition drives innovation by fostering creativity, enhancing product development, and inspiring groundbreaking solutions and plays a crucial role in driving innovation across industries, including technology, healthcare, automotive, and sportswear. When companies compete, they are pressured to constantly improve their products, processes, and services to gain a competitive edge.

Adidas and Puma’s story

Let us explore this concept using one of the famous and fascinating examples … Read More