Most embryonic industries emerge from:
A) a technological innovation.
B) product proliferation.
C) a lack of high entry barriers.
D) chaining.
E) franchising.

Question

Quizplus · Accepted Answer

Most embryonic industries emerge from a technological innovation. This innovation creates a new product or process that changes the way things are done and creates new opportunities for entrepreneurs to enter the market. Product proliferation, lack of high entry barriers, chaining, and franchising can all be factors in the growth of an industry, but they are not the primary reason for its emergence.

Most Embryonic Industries Emerge From