Explain at least five of the following motives for innovation

Write a 1,050- to 2,300-word paper that will encompass how the innovation motives and obstacles listed below will impact the future of the company. Complete your paper according to the following criteria:Explain at least five of the following motives for innovation:Ability to obtain new financial sourcesCompetitorsProduct life cycleNew needs of a customerRegulationsSustainable developmentChanging/shifting demographicsSocial consciousnessDemographicsExternal/internal environmentExplain each of the following obstacles:RiskThe project itselfUncertaintyExternal and internal environmentCompany itself

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