Emerging Industry

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Emerging Industry

An industry producing one or more products without an established market or customer base. Companies in emerging industries often spend a great deal on research and development and nearly always have little to no revenue in their early years. As a result, stocks in emerging industries carry very high risk; however, if a company becomes successful, it can result in large returns. For example, most dot-com companies had little or no revenue in their early years, and, indeed, most went bankrupt. However, a few, such as Google and Amazon, became prominent and profitable for their shareholders. See also: Industry Life Cycle.
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TOKYO, May 30 (KUNA) -- The UN State Council, or China's cabinet, on Wednesday adopted a plan to boost the development of seven strategic emerging industries, including new energy, amid the country's economic slowdown, the official Xinhua News Agency reported.
23, 2009 (CENS) -- With the signing of "Agreement for Cross-Taiwan Strait Cooperation in Standard Measurement Inspection and Certification," the government will push the establishment of common inspection and testing standards for such emerging industries as LED (light emitting diode), photovoltaic, flat panel display, and telematics, said Chen Chieh-shan, director general of the Bureau of Standards, Metrology, and Inspection, under the Ministry of Economic Affairs, yesterday (Dec.
Vallone announced the closing of the first investment by the Emerging Industries Fund, one of several economic development initiatives administered by the New York City Economic Development Corporation.
A key ingredient to the extension of this trend will be the success of many small businesses and emerging industries.
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