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  • Innovation or Risk Taking?

    Abdelrahman Deabes
    1 reply
    Is innovation a risk or Risk lead to innovation?

    Replies

    Jay Mehta
    Yes, any innovation can be a risk, and each risk can lead to an innovation. Innovations often come out of risks that are taken, as those who take them seek to find creative solutions to the problems they face. For example, when the automotive industry faced the challenge of meeting increasingly stringent emissions standards, they took a risk by developing new technologies such as hybrid, electric, and hydrogen fuel cell engines. These risks led to innovations that allowed the industry to meet the standards while still providing drivers with the performance they wanted.