“…This is consistent with Lesáková(2014), who argues that innovation is a vital power in more competitive market. Innovation and creativity brings about creative opportunity (Bascavusoglu-Moreau et al, 2013), rapid growth, broaden market segments and better re-positioning (Syaifudin, 2017), product differentiation, customers' satisfaction and service/product quality image improvement (Cherrett, 2011), survival and growth in dynamic competitive market (Lesáková, 2014), demand increase, positive image, infrastructure development, creation atmosphere, more creative talent emergence, innovation, product export, network building and development of knowledge and skill (OECD, 2014).…”