What does pace of innovation mean?

Definitions for pace of innovation
pace of in·no·va·tion

This dictionary definitions page includes all the possible meanings, example usage and translations of the word pace of innovation.

Wikipedia

  1. Pace of innovation

    Pace of innovation is the speed at which technological innovation or advancement is occurring, with the most apparent instances being too slow or too rapid. Both these rates of innovation are extreme and therefore have effects on the people that get to use this technology. The factors that cause rapid pace of innovations include lack of trial and error, technological momentum, ease of entry into a field. Innovators usually do not have the burden of proof, thus regulatory agencies have to prove that the technology has negative effects. Slow pace of innovation is caused by, but not limited to, lack of monetary funding, conflict of interests between the innovators and other factions such as the consumers, and technological momentum of competing technologies which make the use of new innovations difficult. Different technologies require different paces of innovation, therefore it is important to note that the appropriate pace of innovation depends on the context.

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Numerology

  1. Chaldean Numerology

    The numerical value of pace of innovation in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of pace of innovation in Pythagorean Numerology is: 8

Examples of pace of innovation in a Sentence

  1. Jim Adkins:

    As the pace of innovation continues to increase within the startup community, we want to help customers discover these unique products and learn the inspiration behind them, we also know from talking to startups that bringing a new product to market successfully can be just as challenging as building it.

  2. Neil Saunders:

    Restaurant Brands needs to up the pace of innovation if Restaurant Brands is to grow further.

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"pace of innovation." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/pace+of+innovation>.

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