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Innovation Process
The sequence of activities involved in the ideation, development, and implementation of new products, services, or practices.
Concurrent Engineering
An approach to product development where functions are performed in parallel and design activities are integrated to reduce the time to market.
Product Development
The process of bringing a new product to market, including conception, design, creation, and marketing.
Team Approach
A strategy that relies on collaboration and collective effort among group members to achieve goals.
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