Influence of Innovation Approach on Competitive Structure of Tier 1 Commercial Banks in Kenya
Nick MWANGI MUHUNI,
Caren AKOMO OUMA
Abstract:In today's volatile business landscape, companies must continuously innovate to remain competitive. Innovation, encompassing the creation and implementation of new concepts across products, services, and technologies, is essential for meeting evolving market demands. Both radical and incremental innovation contribute to organizational financial performance (Abiodun, 2017). However, traditional banks often exhibit technological inertia, hindering their ability to adopt new methods efficiently. This reluctance p… Show more
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