The Importance of Innovation for the Company
Innovation plays an important role in the changing nature of the music industry because at one point or another, innovation enabled the industry to tap into new market channels such as e-tailing and other websites that provides the same retail service through the Internet. In addition, innovation also opened the music industry into new possibilities in media distribution not only through CD purchase channels, but also distribution of digital contents. Technologies such as MPEG Level 3 Protocol enabled the music industry to distributed tracks over the Internet, which supersedes the conventional distribution channels and use of physical storage.
Crazy, a Process Innovation
Regarding ...