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Innovation Benefits Or Cripples Society

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Innovation’s Vantage Many people question whether the competition on innovation benefits or cripples society. Published on March 1, 2012, Paul Hobcraft’s “The Innovating Era…” argues that innovation has more negative side effects which outweigh the positive outcomes. His first point is that companies are too focused on monopolistic intentions rather than spreading out profits to the community. His second factor suggests that the increase of unemployment and homelessness rates are the result of the contest. The final element he mentions claims that innovation demolishes the utilization worth of merchandise that has already been developed and distributed among the people. Innovation is beneficial due to the fact that it cultivates company strategies, generates employment, and leads into a change in history.
With the increasing demand for innovations, many residents are growing concerned over the monopolistic motives that CEOs companies have, but there are many other positive outcomes that outweigh such a negative perspective. Tom Kelley and Jonathan Littman, former collaborators with a business company, IDEO, share their experiences through their book, The Art of Innovation. Kelley states in his book,“ The biggest single trend we’ve observed is the growing acknowledgement of innovation as a centerpiece of corporate strategies and initiatives” (3). While some workers in corporations who retain a higher position may have malicious intentions to gain control of profits,

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