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During the Prohibition period (when the production and sale of alcohol was illegal) ,
Triggering Event
A specific event or occurrence that sparks the entrepreneur to proceed from thinking to doing.
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.
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