Since energy crises, business corporations have invested more in innovative and green technology businesses because they have expected to sell more win-win products and services. Solar panels, wind turbines, geothermal heat-generating electricity, sea-wave-power generating electricity, and kinetic movement electricity, and alternative energy sources are promising business sectors.
Innovative businesses require at least three vital inputs - (1) capital-intensive knowledge, (2) high-tech technologies and (3) R&D budget. Most products and services of innovative businesses need all types of above inputs so that developed markets seem to take a lead for a while before developing and emerging countries can catch up. If green-house-gas emission regulation becomes mandatory by WTO, some countries can be left behind or into disadvantages because their production take a large expenditure bill.
Innovative business can be founded in developed markets where capitals of knowledge, technologies, know-how and money are available. But developing and emerging markets can catch up developed markets with more feasible options and solutions. One business may take a close look into its resources in order to develop new innovative businesses. Individuals may also take a close look into his or her capability and skills in order to follow a right direction of developing a career with embedded innovative characteristics.
Innovative businesses require at least three vital inputs - (1) capital-intensive knowledge, (2) high-tech technologies and (3) R&D budget. Most products and services of innovative businesses need all types of above inputs so that developed markets seem to take a lead for a while before developing and emerging countries can catch up. If green-house-gas emission regulation becomes mandatory by WTO, some countries can be left behind or into disadvantages because their production take a large expenditure bill.
Innovative business can be founded in developed markets where capitals of knowledge, technologies, know-how and money are available. But developing and emerging markets can catch up developed markets with more feasible options and solutions. One business may take a close look into its resources in order to develop new innovative businesses. Individuals may also take a close look into his or her capability and skills in order to follow a right direction of developing a career with embedded innovative characteristics.
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