Identify the process indicated by the circle in the figure below. 
Definitions:
Innovation
The act of implementing novel concepts, gadgets, or techniques to enhance products, services, or operations.
Inadequate Management
The situation where the management of a business fails to make effective decisions or to meet the necessary standards of organization and strategy.
External Factors
Conditions, events, or influences originating outside an organization that can affect its performance and strategic decisions.
Startup Capital
Initial funding used to start a business, covering costs such as product development, market research, and operational expenses until the business becomes self-sustaining.
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