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The Benefits of New Ideas: What are some benefits to using new ideas? There are many benefits to using new ideas, both for businesses and individual entrepreneurs. By incorporating new ideas into a business or product, entrepreneurs can create new ways to make money, improve their customer service or offer unique services. In addition, using innovative products and services can help entrants into a given industry win over competitors. Added value can also be derived from novel concepts and innovations when put into practice by businesses and individuals....