Development Stage

(redirected from Development Phase)

Development Stage

The period that a company undergoes while it is in the process of discovering what goods and services best suit the company's needs and developing those products in order to sell them. Some companies have divisions for this kind of research, while other companies are devoted exclusively to it. Biotech companies, for example, often go through a relatively long development stage before they make and sell their products. Companies in the development stage often produce little or no revenue.
References in periodicals archive ?
The innovation partnership is divided into two successive phases: - a development phase that includes the production of the prototypes, and - a performance phase in which the prototypes resulting from the development phase are brought to production maturity.
Personalised drugs in an early development phase form more than the half of the pipeline.
The transport ministers adopted, on 9 October in Luxembourg, a resolution officially approving the launch of the programme's development phase, which will run until the end of 2013, at which time the system will be fully deployed.
The result is a greater probability that a technology option identified in the concept phase gets transitioned to the technology development phase of pre-system acquisition, and closer integration of the S & T laboratories with the rest of the acquisition community.
This description is intended to provide a conceptual view of the proper design and components of taxonomy design and its function within the initial development phase of a taxonomical knowledge management structure.
Specific features of this mechanism include: 1) single submission and evaluation of both a feasibility/pilot phase (R21) and an expanded development phase (R33) as one application, 2) expedited transition of the R21 feasibility phase to a R33 development phase for combined applications, 3) flexible budgets, and 4) flexible staging of feasibility and development phases.
of a factory building in Cypress Hills to help begin the development phase of converting it into the permanent home of the Cypress Hills Community School, a New Visions, dual-language elementary school for 260 children established in 1997.
The information gathered will determine the next development phase.
The community development phase involves planned interventions to induce positive structural changes in the community through citizen participation.
Controlled by computers, Global Hawks have flown to Australia and spied on the Taliban and al-Qaida in Afghanistan, even though they are technically still in the development phase.
Three phases of the project were designated: (1) the development phase, (2) the implementation phase and, most importantly, (3) the ongoing maintenance phase.
Eligible projects must be at second-draft stage and ready for a final development phase.

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