Intrapreneurship
The regulatory environment refers to the collection of laws, regulations, and guidelines that govern the operations of businesses and industries within a specific jurisdiction. It plays a crucial role in shaping corporate behavior, innovation strategies, and overall market dynamics by imposing compliance requirements that companies must adhere to in their operations. Understanding this environment is vital for businesses as it can significantly influence their ability to innovate, launch new products, or enter new markets.
congrats on reading the definition of Regulatory Environment. now let's actually learn it.