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If we set the real effective exchange rate index between Canada and the United States equal to 100 in 1998, and find that the U.S. dollar has risen to a value of 112.6, then from a competitive perspective the U.S. dollar is:
Spontaneous Innovation
The process of creating new and inventive ideas or products without a premeditated plan, often resulting from sudden inspiration.
Quadpacer Interval Timer
A feature commonly found in electric toothbrushes that indicates to users when to switch to cleaning a different quadrant of the mouth.
Discontinuous Innovation
Introduces a product or service that fundamentally changes an industry or how consumers interact with a market, often rendering existing solutions obsolete.
Dynamically Continuous Innovation
An intermediate level of newness in product development that significantly alters a product or its usage but does not completely change market dynamics.
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