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Innovation in Competitive Environments

The innovation theorist Professor Christopher Freeman is noted for his observation that, in the current business environment, firms must innovate or die. Discuss this idea, with reference to the theoretical concepts introduced in the lectures. Give a concluding section which expresses your own position. (1400 words). File 1111 shows the course readings and some useful references for you. other pdf file shows the course subjects which are covered in the class.