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Increased needs for net working capital are:
Product Innovation
The development and introduction of new or significantly improved goods or services that add value for customers.
Competitive Advantage
The attributes that allow a company to outperform its competitors, such as superior products, services, or efficiencies.
Patented Technology
Innovations or inventions that are legally protected by patents, preventing unauthorized use, replication, or sale.
Timely New Products
The strategic introduction of new products to the market at the most opportune moment to meet consumer demand and stay competitively relevant.
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