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Entrepreneurship Process
The stage of a business’s life that involves innovation, a triggering event, and implementation of the business.
Innovative Idea
A novel concept or solution that addresses specific challenges or creates new opportunities, often leading to the development of new products, services, or processes.
Innovation Phase
A stage in the product development process where new ideas are generated, prototypes are developed, and new products are introduced to the market.
Time Span
The duration between the beginning and the end of a particular event, process, or period.
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