Examlex
Within the transitional phase in Abernathy and Utterback's model, the predominant type of innovation is in major process innovations required by rising volume.
Small Businesses
Entrepreneurial ventures or companies with a small number of employees and relatively low revenue, typically characterized by close customer relationships and local operations.
Avert Failure
Strategies or actions taken to prevent or minimize the likelihood of errors, problems, or unsuccessful outcomes.
Fail
The lack of success in achieving a desired outcome or reaching a set standard, often leading to a learning opportunity or reassessment.
Incubators
Organizations designed to support the growth and development of startup companies through services like mentoring, office space, and financing.
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