Nov 19, 2020
Competition makes people innovative. Innovation is crucial to the progress of any business. It brings about new ideas and sees them getting effectively tested in a relatively short amount of time. If things were going well for any business, it probably would take the businesses longer to brainstorm and implement new ideas. Competition reduces the length at which the ideas are generated and put to use. This is due to the endless need of staying ahead of others which in turn forces people to act fast