Fostering the launch of new products and services

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Governments have played differing roles in fostering the launch of new products and services. In some cases, they retard NPD new market entrants in order to protect existing firms; in others they ensure that the marketplace determines when and how new products and services are launched.

In 1978, with a stroke of the president's pen, the domestic airline industry was deregulated. How has that change in environment led to service and product innovations in domestic air travel?

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Reference no: EM13189246

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