Technological innovation, globalization
Using the example of the German company, Siemens AG, Fritsch (2015) presents a firm-level analysis of how major corporations respond to innovations and advances in the ICT sector.
•Describe three major turning points in the way Siemens AG engaged with these innovations.
•Identify some of the challenges that the corporation faced and explain how they were resolved.
•Cite an example of another corporation that encountered similar issues. Were the outcomes the same as those of Siemens AG?
Ensure that your response addresses all elements of the question.