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New technologies are being constantly introduced to the market,
speed is essential for them to
remain in the business game of
competitive in today's digital era,
and new markets have to be
pioneered continuously. Still we
can’t doubt of two developments
convinced the company in the late
1990s and early 2000s that they
could adopt a systematic approach
to innovation and that is what seems
to underpin their current success.
Firstly, Samsung has nurtured a close
relationship with the Russian
Academy of Science whereby, Sam-
sung has a cheap fundamental science from Russia. But even now
Samsung is able to buy Russian
expertise at relatively low rates of
between $3,000 to $5,000 per
month. So this is how the Russian
brains helped Samsung develop the
image-processing chips in its digital
TVs and refine its frequency-filtering
technology that significantly reduced
noise on its now-ubiquitous handsets by cutting down it expenditure
cost of research.
to seek the contradictions in current
technological
conditions