The majority of new-product projects initiated by major companies reach the commercialization stage.

Name: The majority of new-product projects initiated by major companies reach the commercialization stage.
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Studies have shown that only a small percentage of new-product projects initiated by major companies actually make it to the commercialization stage. Many factors such as market changes, technological challenges, and financial constraints can hinder a project's success.

The Majority of New-Product Projects Initiated by Major Companies Reach