The importance of scale with innovation
There is a common perception in business that innovation belongs to startups and disruption comes from the edges. This may be true, but it overlooks an equally important reality: For an innovation to have impact, it must scale. Travel is a good example. A successful trip depends on a complex network of accommodations, airlines, payments systems, local business connections, and technology platforms. Many times they operate across borders with different regulatory requirements and practices....
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