|PlanningSkills.COM||Friday, April 10, 2020 UTC|
Content Channels:Ask Dan!
Site InformationAbout Us
An emerging industry is a newly recognized group of firms selling similar products/services to an identifiable set of customers. A emerging industry is either evolving from an established industry or coming in to existence from a new technology development or from a new business solution to meeting a need.
Emerging industries are characterized by few producers, underdeveloped markets, unclear technologies, and uncertain regulatory forces. The industry structure and company roles are not defined; there is a need for rapid learning (which is the key to success) and hence a need to experiment and change. The market is immature and potential customers need to become aware of the new product/service. The revenue model may change or evolve with experience.
|Home | About Us | What's New|
|Copyright © 2004-15 by D. J. Power (see his home page). PlanningSkills.COMsm is maintained by Alexander P. and Daniel J. Power. Please contact them at firstname.lastname@example.org with questions. See disclaimer and privacy statement. This page was last modified on December 8, 2015.|