Hypothesize a set of at least three arguments as to why innovation is important to the competitiveness of nations, companies, leaders, and individual employees. Solution One of the main reasons why innovation is important is the fact that it creates development on nations and business, it opens opportunities to new projects that on the past have not being taken in consideration. Innovation sometimes is the only way an organization has to stay alive on business because of the hard and globalize competition, it creates the unique value for your brand our country, and it is an added value. For example recently Nicaragua offer new investors that they will not need to pay taxes for 10 years as long as they start a business there and offer job to the people in Nicaragua. Innovation makes the organization better every day, it is a constant improvement on the processes on a positive manner, and this increases creativity. You don’t need to create something new that no one has ever think you can take a product and add it qualities that your competition does not have and making your target market to prefer your brand..