The Stages of New Ventures is a staged model that describes the evolution of an innovation's acceptance with customers.

Question

Quizplus · Accepted Answer

The Stages of New Ventures describe the process of starting and developing a new business, not the evolution of an innovation's acceptance with customers. That concept is more closely related to models like the Technology Adoption Life Cycle or the Diffusion of Innovations theory.

The Stages of New Ventures Is a Staged Model That