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Before investing heavily in a new line of business, its important to identify customers who can help you learn quickly about what works and what needs tweaking. Investing in a new line of business requires some basic steps, including identifying the target customer and building a robust customer pipeline . Building the pipeline, however, is not enough–you also want to prioritize that list of potential customers.

This Philips LED bulb is the winner of the DOE's $10 million competition to develop a low-cost, energy efficient, high-performance replacement for the incandescent bulb.

An Israeli firm has unveiled a tiny medical camera that is less than a millimeter wide. More importantly, the camera is disposable--which could help lower the cost of surgeries and diagnostic procedures.