Business and Innovation Concepts

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Crowdfunding

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Practice of funding a project or venture by raising money from a large group of investors, often via the internet and social media.

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Crowdsourcing

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Involves a large group of people contributing data or ideas to help solve problems, instead of money.

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Emerging Technologies

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New or recently developed technology integrated into business processes to improve speed, innovation, and products.

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Entrepreneur

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Individual who starts and operates a business, typically with the goal of achieving financial success and creating value.

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Entrepreneurship

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Practice of starting and running a business.

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Fourth Industrial Revolution

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Current period of rapid innovation, also called Industry 4.0.

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Goods

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Objects which satisfy an individual’s wants and needs.

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Green Entrepreneurship

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Involves businesses selling products or services in the environmental marketplace by adopting sustainable practices.

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Industrial Revolution

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Began in England in the textile industry at the end of the 18th century, marked by new manufacturing technologies.

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Innovative Entrepreneur

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Highly creative individual passionate about inventing new products, services, or businesses and taking calculated risks.