Final answer:
Microwave technology is the answer to the student's question, as it was innovated by corporations to outpace competitors, specifically driven by the advancements in telecommunications.
Step-by-step explanation:
The technology innovated by a corporation seeking to outpace its competitors is microwaves. The innovation of microwaves, along with improvements in technology that allowed for microwave transmission and communications via satellites, has been largely driven by the desire of companies to excel over competitors in the field of telecommunications. Corporations have often been at the forefront of such technological advances, aiming to capture larger market shares and deliver more effective and efficient consumer products and services.
Particularly, AT&T’s offering of the ability to text on a mobile phone in 2000 was an example of corporate innovation in telecommunications targeted towards improving user experience and staying ahead in the competitive market. Similarly, companies like Microsoft in producing software for personal computers and Amazon in online bookselling have also typified the tendency of large firms to dominate market shares by leveraging new information technologies.