With an ever-increasing concern about how to utilize the purpose of
innovation
, some individuals have opined that the purpose of
innovation
is to be beneficial for economic
growth
and create
the Correct article usage
show examples
profit
. The rest of the population,
however
, raised a counterargument that addressing social and environmental
issues
should be the main reason for
innovation
.
This
essay will,
therefore
, evaluate both sides and present a concluding viewpoint.
To begin
with, some individuals argue that increasing
profit
and economic
growth
can be made through
innovation
. From the perspective of corporations, they have been struggling
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outdated operating systems and infrastructures, which has resulted in declining rates in business performance.
Moreover
, the process of bringing
innovation
requires
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great number of financial provisions and it sometimes becomes a burden on corporations to come up with.
Therefore
, those corporations can
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actually
benefitedWrong verb form
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from the activated policy of pursuit of
innovation
to be focused on creating more
profit
and economic
growth
.
Furthermore
, compared to some nations with an activated policy with
innovation
, other nations without
this
policy have shown no greater change in national economic
growth
.
In spite of those reasons mentioned above, other oppositions contend that innovations should be addressed for social and environmental
issues
. Providing a few agreements on previous arguments, moving to children can illuminate a different perspective. Their
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priority is learning social norms and values from society and
this
consequently
demonstrates that following the newest trend in society. For children, they should learn about notable values
such
as consideration of social and environmental
issues
that need to be addressed rather than prioritizing the importance of financial impact.
Thus
, making decisions about pursuing
innovation
should not be based on the sole representative side of the corporation.
Moreover
, there must be other factors to be weighed in appreciating the actual causal relationship between
innovation
and economic
growth
.
In conclusion, some individuals think that
innovation
should be addressed for
profit
and economic
growth
for some reasons.
Nevertheless
, I strongly believe that more considerations of other parties’ facing
issues
should be taken into account to achieve more sustainable advantages.