by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is the Bleeding Edge?Bleeding edge, also referred to as cutting edge, refers to a product, service, idea, or undertaking that is the newest in the market. Often it is used to describe the latest version of some technology or scientific undertaking. Related Topics...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What Does it Mean to Monetize an Idea?Monetization is about making an asset or a product eligible as legal tender. Generally, it involves the conversion of a non-revenue creating product into cash or cash-generating. Monetizing an idea is commonly used in...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is Intrapreneurship?Intrapreneurship concerns entrepreneurship that occurs within an existing, established company. Who is an Intrapreneur? An intrapreneur refers to an employee whose orientation or responsibility is to develop an innovative project or idea...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is a Breadboard Configuration?Breadboards (or solderless breadboards) are a learning an prototyping tool for building circuits.
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is a Strategic Alliance?A strategic alliance is a joint effort or project by two companies. The companies agree to share resources in pursuit of a common goal, objective, or project. It is similar to a joint venture. The difference between a strategic alliance...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is Lanchester Strategy?A Lanchester Strategy refers to an offensive business strategy where a company attempts to attack an existing market. That is, the company develops a plan to penetrate an existing market (often a new market). This technique was named after...
