What Are The Challenges of Implementing Innovation in Practice

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1. What are the challenges of implementing innovation in practice?

• Weak innovation culture


• Lack of management support
• Resistance to change
• Lack of innovation strategy/model
• No fear of failure
• No innovation ecosystem
• Hard to measure
• Government: pressure to change due to external factors
• Universities: keep patents/innovation ideas to themselves
• Focusing on short-term results only
• Lack of resources: time, money or human
• Room for creativity

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