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And with technological innovation continuing apace, the risks may have increased.
He added: "It has been a challenging year for all businesses, but as a retailer I am delighted to see innovation continuing to come through.
This allows customers to redeploy their own engineers to the next big thing.Sarnoff's Mr Cherukuri calls this "the globalisation of innovation"—continuing the erosion in the past 20 years of the old model of corporate R&D, dominated by big firms with big budgets able to erect big barriers to entry to their markets.
With digital innovation continuing to set the agenda, reverse mentorship has become the hot new tool for sharpening your edge.
Similar(56)
And innovation continues apace.
Indeed, innovation continues apace, despite the downturn.
Here innovation continues to enhance tradition.
Hardware innovation continues and software takes advantage.
But for now, variety and innovation continue to thrive on both sides of the Andes.
Other data point in a similar direction: rich economies spend more than ever on research, but the number of new patents has plateaued.Innovation continues, of course.
As frugal innovation continues to spread, such retailers will have an ever greater variety of bargains to put on their shelves.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com