A new-product team is different from a venture team in a new-product team is comprised of functional specialists working on a specific new-product development project.

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A new-product team is a cross-functional group of specialists within an established organization dedicated to developing and introducing new products. In contrast, a venture team is a group of entrepreneurs and investors who come together to launch a startup business.

A New-Product Team Is Different from a Venture Team in a New-Product