Surprising Stats About Dynamic SFS

An innovative idea adds value to the customer. The value-add aspect of innovation is what differentiates companies, justifies buyers’ switching costs and pushes our economy forward as more and more entrepreneurs introduce viable contributions to adopted innovations.

Reinventing the wheel with a radical or disruptive innovation isn’t the only form of innovation. On one hand, airplanes radically changed the way we move from point A to B, startups like Airbnb and Lending Club implemented the sharing economy business model to disrupt industries through economies of scale, economies of scope and social innovation.