Posted on June 24, 2020
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Young Black people should focus on Innovation

Our young people of today are full of energy and vision as they lack focus and direction from the community.

Product innovation is the introduction of a good or service that is new or has been significantly improved. An example, would be Application builders and Gadgets etc. With new technology constantly developing and more and more business being created and entering markets, innovation has never been more important to the success of a business, whether it be for the product or the process.

  • Windmill to generate energy made in South Africa
  • An app to check the Eye
  • Stratflex chairs from Wintech
  • Building the motion pipe

If the demand for something is there and you choose not to seize the opportunity with innovation ideas, someone else will.  Patents enhance the concept of innovation in business.

Without innovation, businesses risk standing still while their competitors capture the market.

Investment

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