market enablers
/ˈmɑːrkɪt ɛnˈeɪbəlz/ · mar·ket en·a·bil·ers
noun
- Individuals, organizations, or systems that facilitate market growth and development by providing resources, expertise, or infrastructure. The government has identified key market enablers in the renewable energy sector, including tax incentives and research funding.
noun
- Factors or conditions that contribute to market demand and supply, such as technological advancements or changes in consumer behavior. The rise of e-commerce is a market enabler for small businesses, allowing them to reach a wider customer base.
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Did you know? The concept of market enablers has been influential in shaping business strategies and policies, particularly in the areas of innovation and entrepreneurship.