Business Assessment

Business Assessment

Introduction

In today's rapidly changing technological environment, concept of innovation has received a widespread attention from not just the hi-tech community including researchers and professionals but also grabbed the attention of business community (Drucker, 2008). In addition, there is no doubt about the fact that innovation can be seen in many areas from agriculture to electronics, aviation to health, and medical sciences to food industry.

It is also a fact that innovation has brought many benefits to human life and significantly changed the way people used to live in the past. On the other hand, it is also important to understand ...