Economic crisis and recession can not only be seen as a destructive process, but also as the process of "creative destruction." Kastytis Gecas, the head of the Lithuanian Innovation Center, spoke with The Baltic Times about how risk is the core of innovation, and how a long time development of businesses is ensured by a permanent innovation storm. What is business innovation and how does it differ from innovation in business?It is not so important how these two words 'business' and 'innovation' are combined. We talk about the process of exploitation of knowledge as capital used in bus...
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