CPV 1.20% 42.0¢ clearvue technologies limited

Ann: CPV Major Milestone - First Commercial Demonstrator Project, page-25

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    LOL a paper by Peter N Golder & Gerard J Tellis in 1993 has a much more accurate description of what happens to startup companies:

    Innovator: First to develop or patent an idea
    Product Pioneer: First to have a working model
    First Mover: First to sell the product 47% failure rate
    Fast Follower: Entered early but not first 8% failure rate
 
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