Competitiveness and Innovation

Two vignettes

17 Dec 2007  

To illustrate the principles of value creation, consider these two hypothetical vignettes from everyday life. Vignette 1 – A Visit to the Doctor You pay a non-routine visit to your doctor.  The doctor’s first question is, “What kind of pills would you like today?” Your reaction?  You’re shocked at the incompetence, and look for another doctor.  […]